Safe driver incentives from insurance companies are usually enough for us to try and get our acts together. But for insurance companies, safe driving is a lot more about just avoiding accidents and running redlights. In fact, there are several important factors that insurance companies take into consideration when setting your rates that aren't so easy to change. Age, gender, where you live, and what car you drive all play a part in your potential car insurance rates big time.
Drivers under the age of twenty are three times more likely to be involved in a fatal crash. Eighteen year olds are 82% more likely, seventeen year olds are 90% more likely, and sixteen year olds are 99% more likely than adults to be involved in a fatal accident. Women usually have lower rates than men when it comes to car insurance as they are typically involved in fewer crashes and fewer DUIs than men are. Urban areas see higher rates because of the higher volume of theft, damage, and fraud. Some cars have a higher likelihood of theft than others; Ford and Chevrolet trucks were among the most stolen cars of 2010 to 2012, effectively upping the insurance rates of their owners.
Concerned about your own car insurance? Take look at this infographic for more on what it takes to be counted as a safe driver. Let us know what you think in the comments and don't forget to like and share.