Osborn's AAA Insurance AAA Insurance Agency Tulsa OK  Home Automobile Homeowners Life Home Automobile Homeowners Motorcycle Flood Boat

car keysIt may seem like just another box on a form, but the Date of Birth section of your auto insurance application can have a big impact on the rates you are quoted. An insurance company can’t personally qualify every driver’s skills and behaviors so they must rely on other factors to establish risk and assign premium rates, such as your age.

The many ways that age can work for or against you in terms of setting your premium include:

  • Age can mean experience: The older you are, it can be assumed you have been driving for a longer period of time. That can also mean you’re more experienced in being reactive as well as proactive behind the wheel. This experience leads to better driving decisions during many different situations and generally, fewer accidents and preventable insurable incidents.
  • Age can also mean inexperience: A younger driver with only book knowledge and some classes behind them has not had time to develop the driving skills that an experienced driver has. In addition, they may not be as adept at handling the many streams of data and stimuli entering their brain at once while on the road. So they may have trouble reacting properly to potential accident situations and other events.
  • Age can indicate level of impulsiveness: Younger individuals often go through different decision making processes than older individuals. They may have less life experience to help guide them to making good decisions and may be more prone to taking unnecessary risks than an older individual.
  • Age is behind many different statistics: Unfortunately, statistics support an insurance company’s decision to charge higher premiums to younger drivers, because they are statistically more likely to have an accident than older drivers.
  • Remember—age, even in car insurance—isn’t everything: Age isn’t the only personal data taken into consideration when rating an insurance policy. Marital status, gender, driving history, and choice of vehicle all contribute to determining the rates an individual may be charged.
No matter what your age or experience, we can help you find an affordable Tulsa auto insurance policy that suits all your driving needs. To compare rates, just stop by or give us a call today at 918-622-7560.
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