Insurance News - Insurance News - Can my age be used as a rating factor in auto insurance?- BY PUPUT PUTRI

Insurance News - Insurance News - Can my age be used as a rating factor in auto insurance?- BY PUPUT PUTRI - Hello my friend United States Insurance News, In this edition I would like to share insurance article title Insurance News - Insurance News - Can my age be used as a rating factor in auto insurance?- BY PUPUT PUTRI, I have provide insurance information special for you all. Many people in United States searching insurances news information for self, familly and wealth. I hope you more comfort and enjoyed reading my insurance article that i share. Also you find about insurances news as your need today

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Insurance News - Insurance News - Can my age be used as a rating factor in auto insurance?- BY PUPUT PUTRI

Artikel Health Insurances, While it may sound like age discrimination, the answer to this question is "yes." A person�s age can be and usually is used as a factor in determining auto insurance rates. Age is connected to risk and is linked to accident frequency, accident severity, and claim costs, so insurers are allowed to factor it into rates. 

There are other rating factors typically used by insurers, which you may review on our website.         

If you find yourself experiencing a little sticker shock when you see your auto insurance premium, it�s always a good idea to shop for competitive auto rates every now and then. We recommend people do that in order to determine if they can find lower rates for the same coverage. Young drivers can sometimes get discounts for good grades and senior drivers can sometimes get discounts for taking driving classes for people aged 55 or older. Ask your agent or insurer about possible discounts.

Questions? You can contact our consumer advocates online or at 1-800-562-6900.


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