Did you know that insurance rates are usually recorded according to age and gender?
Average car insurance rates for males and females and also singles not forgetting the married and or couples has increased tremendously over the years more than one could expect.
According to the auto insurance premium index the nationals’ average car insurance premium last year which is 2009, it was $1,837. Three years before, the auto average premium was $1600.
This clearly shows that the rates are increasing tremendously over years. That is what the CPI over the years have researched and been able to find out.
It has also been noted that teen drivers and any other driver below the age of 25, have got much higher auto insurance premiums than those drivers above the age of 25 years.
This is because teen drivers and all those who are below the age of 25 years prove to be in a greater risk for insurance companies due to extreme rates in accidents and of course their little experience in operating a car.
Therefore the need of average auto insurance rates is needed so as to know ourselves and the risks around us.
It is also absurd to know that the male species below the age of 25 years have got the highest motor insurance premiums.
This is because the statistics show that at that age they are usually very aggressive behind the wheel.
On the other hand the female species show very low auto insurance premiums because according to research, they are not as aggressive as the males thus females cost a little bit cheaper to insure.
Moreover the average auto insurance rates for a person below the age of 25 years and those who are married is a bit lower as compared to single person below the age of 25 years.
According to statistics in the United States, average auto insurance rates vary with the particular place of where you live.
Charts of rates that show the consumer downloads have been put up in various departments of the insurance offices.
Basically what are indicated are the rates of particular states and the gender, whether male or female?
This enables one to be able to know and compare the month’s average rate and the state.
Moreover the CPI will soon add to the chart the number of drivers, gender segmentation, and age graph not forgetting the average amount of cars on a quote.
