Auto insurance policies typically have a reduced rating classification for drivers at the renewal following their 25th birthday. This primarily adjusts the rating from a previously youthful class to an adult class, and usually comes out to be a slightly lower rate than before.
Depending on the company, there are a few other ways to get adult classification, for example if you were married.
Your auto insurance coverage certainly doesn't decrease but the premium you pay for it usually will if you have a good driving record.
When you reach age 25 and have not had tickets or accidents that resulted in insurance claims, you are considered less risk to the insurance company. They will usually lower your rate but even if they do, that is a great time to Reshop the rate with several other companies. You will usually see even more savings that way.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
In California age is not a rating factor. Experience is a rating factor. Some companies change rating factors every four years. Once the driver has eight years of experience he is charged the standard rate. If the driver has not had more than one point assessed they also receive a “good driver” discount that substantially alters the premium.
.JPG){kind=avatar}
Depending on the company, there are a few other ways to get adult classification, for example if you were married.
When you reach age 25 and have not had tickets or accidents that resulted in insurance claims, you are considered less risk to the insurance company. They will usually lower your rate but even if they do, that is a great time to Reshop the rate with several other companies. You will usually see even more savings that way.