How Age and Annual Mileage Impact Your Insurance Costs 

When it comes to car insurance costs, two significant factors that influence your premium are your age and the number of miles you drive annually. Understanding how these elements affect your insurance cost can help you make informed decisions and potentially save money.

Age and Insurance Costs

Age is a critical determinant in calculating car insurance premiums. Insurers use age to help determine driving experience and the risk that you may make a claim. Here’s how age impacts your insurance cost:

• Young drivers—Typically, drivers under 25 face higher insurance premiums.

• Middle-aged drivers—Drivers between 25 and 65 usually enjoy lower premiums, depending on their driving record.

• Senior drivers—After 65, premiums may start to rise again.

Annual Mileage and Insurance Costs

The number of miles you drive each year also plays a significant role in determining your insurance premium. Here’s how mileage affects your costs:

• Low mileage—Driving fewer miles can lead to lower premiums.

• High mileage—Conversely, high-mileage drivers may face higher premiums.

Tips to Manage Your Insurance Costs

Understanding the impact of age and mileage on your insurance can help you manage your costs more effectively. Here are some tips:

• Consider usage-based insurance—Some insurers offer policies that track your driving habits and mileage through an app or device that plugs into the insured vehicle, potentially offering discounts for safe and low-mileage driving.

• Review your coverage regularly—As you age or your driving habits change, reassess your insurance needs and ask your agent to help you shop around for the best rates.

• Take advantage of discounts—Many insurers offer discounts for safe driving, bundling policies or completing defensive driving courses.

Contact Us

Contact Lone Star Insurance Agency in Burleson, Texas, for a personalized auto insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.