Tag Archives: car insurance premiums

Should car insurance premiums depend on your age group?

When it comes to being a car insurance risk, it is no secret that different age groups present different risk factors. For example, men under the age of twenty five are known to be more prone to speeding and drinking and driving. They are therefore considered to be a higher insurance risk. The question remains though, should car insurance premiums be based on these age-related risk factors?

Different age groups react differently in driving situations. Older people tend to drive more slowly and cautiously than younger people and this can present problems. For example, if an elderly person is driving...

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