The Magic Age for Car Insurance: 25

For most people, there’s not a lot to look forward to after reaching that 21 year old milestone besides just getting old. You’re at an age where you can now legally do just about everything in life, besides run for president of the United States, but there’s still one nice benefit ahead of you. At age 25, you can most likely look forward to a decent discount in their car insurance rate, which can possibly save hundreds considering young people typically get the most expensive insurance premiums. In the auto insurance industry, 25 is seen as the magic age – you’ve finally got a significant amount of driving experience and you’re mature enough to know the consequences of bad decisions on the road. Here’s a look at a few other benefits of turning 25, as well as other ways you save on car insurance no matter what your age:

Other Benefits of Turning 25

• One benefit of turning 25 that many people don’t realize is that you can now rent a car. While some companies may allow people under 25 to rent a car, they usually tack on an expensive premium to the rental.
• Although the law has changed several times, you probably won’t be drafted into the military past age 25. The United States hasn’t had a draft in years, but it’s always good to know.
• Finally, you probably won’t be getting carded for alcohol as much. Depending on where you shop, most liquor stores aren’t required to ask for identification if an individual looks over 25 years old.

How else can You get Lower Rates?

• Take a defensive driving course approved by your insurance company. Most insurance providers will give you a lower premium if you enroll in and pass a specific driving class.
• If you’re still in school, you may be able to lower your insurance premiums by simply getting good grades or maintain a certain grade point average. Find out if your insurance company offers good student discounts to drivers.
• It can be risky if you’re prone to accidents, but increasing your deductible usually lowers your premiums. Just don’t make your deductible so high that you can’t afford to pay it, otherwise your insurer won’t approve your claims.
• Believe it or not, by getting married you can get a lower insurance rate. Insurance companies see married couples as generally safer and more stable, so they adjust their rates accordingly. Newly weds also tend to move into a new home, which can lower your insurance premiums too, depending on the area.