Reader’s Question:

Will my car insurance rate be high as a new teenage motorist even though I am a 20 years old female? Should I shop for a free auto insurance quote online?

Camille

New York, NY

Insurance providers in most states are allowed to have their own rating system. These companies usually look at many factors when determining a car insurance rate, experience of the motorist can be once such factor. Age may also be a factor and at around age 25 insurance premiums will drop from when a motorist is 16 to 24.

If you are a newly licensed teenage driver at age 19 then your rates will be higher than others that have been driving for nearly ten years however may not be as high as a newly licensed driver at the age of 16, since you may be thought of as more mature. Maturity to an insurance providers means less likely to operate a vehicle in a reckless manner. The insurance rates will likely though still be higher than another 20 year old female that has been driving for a few years since this person has a driving history for the insurance provider to check.

I would suggest that as a new teen driver you should shop around for insurance rates quote since as noted above, different providers have different rating system.