Drivers have to be aware that they can always influence their auto insurance prices. The algorithm agencies use to determine coverage costs rely a lot on the driver’s experience and vehicle. In short, every decision a car owner makes can have an impact on coverage premiums. Even the marital status can be decisive for lower coverage premiums.
The marital status is the last thing drivers think of when calculating their auto insurance, but studies show that it can make a big difference. Married drivers are considered safer to insure and agencies offer them better rates. The logic behind this is that married drivers have a responsibility towards their family and will tend to be more careful in traffic.
When it comes to age and gender, agencies know two things for sure: young men are more likely to cause an accident. This puts customers in this demographic in a risk category and they will have to pay more for premiums. This applies to young single males who are under 25 years old. On the other hand, men’s rates get better with age, while older women may pay more than their counterparts, however the difference is not something to worry about.
How to find auto insurance for single men?
Auto insurance quotes can help single men find better auto insurance offers. By comparing online auto insurance quotes, drivers will enjoy a speedy and convenient shopping process. They will be able to find the cheapest plans in their area, without having to worry about frauds and security issues.
By PR Newswire
See full story at finance.yahoo.com