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Gender, Typical Annual Rate for Full Coverage35-year-old female$ 1,09935-year-old male$ 1,148 As you'll see in the table listed below, the younger the age, the greater the insurance coverage. That is up until you reach age 65. In addition to teens and young motorists being considered a higher risk due to lack of experience, there are stats behind why insurance provider consider younger age to equate to higher risk. Typical cars and truck insurance expenses for a 20-year-old are 129% higher than they are for a 60-year-old. Rates decrease with each year of age. But after age 65, rates start to increase as senior drivers are likewise thought about greater risk by insurance provider. https://www.theverge.com/users/gonachdetz |
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