At what age is car insurance cheapest?
Statistically, car insurance is usually cheapest for people in their 50s and 60s. This is because younger drivers, like teens and young adults, are considered riskier to insure due to their lack of driving experience and higher likelihood of accidents. As drivers get older and gain more experience, they typically qualify for lower rates. However, rates can vary based on factors like driving record, location, and the type of car being insured. It’s important to shop around and compare quotes to find the best deal.
