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Does My Gender Or Age Affect My Auto Insurance Rates?

Yes, gender and age both affect premium rates. Rates are determined using statistical driving data that is put into an algorithm so that an insurance carrier can evaluate risk. It has been shown that male drivers and young drivers are generally involved in more accidents. As a result, these drivers will pay higher premiums.

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When the time comes, having the right personal insurance coverage can make all the difference in the world for you and your business.