Car Insurance Rates Get Higher As You Age
Myth: Because older drivers are more likely to get accidents, as a result of poor eyesight or reflexes, often insurance companies will set higher insurance rates for drivers who are older.
Older drivers do not fret just yet! Age does factor into how expensive your car insurance rates are, but not always negatively for older drivers. Drivers over 55 years old may qualify for reduced car insurance rates! It all depends on your car insurance company, your driving record and your credit history.