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Insurance rates are derived from claims statistics. The reason that car insurance is more expensive for drivers under 21 is that drivers under 21 have more accidents. Most likely this is due to inexperience but it is a fact that younger drivers do have more accidents.

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โˆ™ 2013-08-18 18:43:56
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Q: Why is car insurance more expensive for drivers under 21?
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Why is motor vehicle insurance more expensive for young drivers?

It is more expensive to obtain auto insurance if you are under 25 because you have less driving experience which means it's more likely you would have an accident.


Will an auto insurance quote be more expensive for drivers under the age of 25?

Insurance is likely to be more expensive for someone under the age of 25. Your rate will depend on your credit history, type of car you drive, number of miles you drive as well as your coverage.


Is young drivers insurance more expensive than elderly driver insurance?

Yes, young driver's insurance is typically more costly than elderly driver's insurance, as elderly drivers are considered to be "experienced". Young drivers are typically considered to be more of a liability.


Why is car insurance more expensive for younger drivers?

Because younger drivers have more accidents that experienced drivers. This is a proven fact. Insurance companies do not just charge younger drivers more for fun. The statistics are very plain, more experience results in few accidents.


Is it more expensive to purchase insurance for a Honda motorbike or for a Honda ATV?

Insurance can be expensive. It is more expensive to purchase insurance for a Honda motorbike because this vehicle will be driven on the roads with vehicles. The risk of injury is higher for both the motorbike driver and other drivers on the road.


Why is car insurance for young drivers so expensive?

Car insurance is more expensive for younger drivers due to the fact that their lack of driving experience makes them a higher risk. Insurance companies charge based on a number of factors that contribute to your overall risk as a customer.


Why is car insurance for young drivers often expensive?

There are a few reasons why young drivers pay more for car insurance. The biggest reason is that they are inexperienced and therefore a higher risk for an accident.


Is Hawaii auto insurance more expensive than California auto insurance?

No because there are more drivers and accidents in California. The libility is greater in Ca so it costs more.


How much is the average learning driver's car insurance?

Car insurance for new, young drivers is more expensive then adult's car insurance. The reason is drivers have to prove to the insurance companies that they are safe drivers. The average insurance for new drivers is anywhere from $2000 to $5000 a year, depending on the type of vehicle insured and one's location.


Can reckless drivers get auto insurance?

Yes, reckless drivers can get auto insurance, but it will be much more expensive than drivers who have a clean record. In the United States, all states - except for Virginia, New Hampshire, and Mississippi - require all automobile owners to have minimum coverage in auto insurance.


Is bad driver car insurance a lot more expensive than insurance for people with a clean driving record?

The quantity of vehicles out and about is expanding step by step. Furthermore, with it, driving has turned into a difficult undertaking with expanded gridlock. Picking one of the least expensive vehicle insurance agencies could net you investment funds of up to 40% for those with an unfortunate driving record. Since rates shift altogether by occurrence, the most effective way for awful drivers to get the least vehicle protection rates is to get rates from various back up plans. The most effective way for awful drivers to save money on vehicle protection is to get cheap car insurance for bad drivers quotes from different safety net providers. You can likewise save assuming you get statements after past driving occurrences are as of now not on your record. While your rates will probably be costlier, you can in any case get vehicle protection from great organizations regardless of whether you have a terrible driving record or different episodes. Drivers with a speeding ticket pay a typical yearly expense of $2,748, while drivers with a DUI pay a normal of $3,390. No Down Car Insurance is the least expensive organization for drivers with speeding tickets, with a typical pace of $2,186 each year. That is more than $500 less expensive than normal. To get reasonable vehicle protection rates, people with a terrible driving record might need to invest more energy and exertion looking for collision protection. This is on the grounds that insurance agencies could charge these people extreme rates for their auto inclusion. Besides, a few back up plans may not significantly offer inclusion to high-gamble with drivers, for example, those that require SR-22 protection. Anyway โ€” since the effect of a terrible driving record on your vehicle protection rates changes after some time โ€” you ought to look for protection consistently to ensure you are getting the most minimal rates.


Is insurance for trucks generally more expensive than insurance for cars?

Yes, and the reason is simpe, Trucks usually cost more then what an average car is. So its more expensive to cover a more costly means of transportation. Also, truck drivers, in general dont have the best driving records.

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