Do your car insurance rates really fall when you turn 25?
My husband and I are both turning 25 soon. I've always heard that when you turn 25, your rates are lower. Is this always true, or is it dependent on other factors?
Apr 20, 2021
Answer provided by
Answered at Apr 20, 2021
“While your car insurance rates can start to fall when you turn 25, there are other factors that impact your rate more. The length of time you’ve been licensed and whether you have a clean driving record tend to impact your rate more than just your age alone.
If you have accidents and tickets on your record, your rate isn’t guaranteed to drop at 25. However, if you have a clean record, have been driving since the age of 16, and have had insurance continuously, you may see a drop in your rate.
Should you turn 25 and not notice a rate change with your current insurance company, it may be worthwhile to do some comparison shopping with other carriers. Gathering car insurance quotes online is a great way to see if you can score a lower rate. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Do I have to sign an exclusion waiver for car insurance if I have roommates?
I have several roommates. Every car insurance company I've talked to wants me to sign a waiver saying that my roommates won't drive my car. If I don't sign it, I'll get rejected. Does this sound right?
Apr 28, 2021
Will $100,000 of property damage liability cover me if I hit a Ferrari?
I was wondering how much property damage liability I should get. If I get $100,000 worth of coverage and I hit a Ferrari worth $150,000, do I have to pay the difference?
May 04, 2021
"What are my options if my car loan falls through on a spot delivery car? "
"I signed an agreement to buy a car, with the expectation that the dealer was able to provide financing. Two weeks later, the dealer said they needed to rewrite the contract because the financing fell through. All of this does not inspire confidence. What are my options at this point? "
May 05, 2021