Quote from: Starfire on August 23, 2015, 07:49:25 AM
I would love to know the reasons why it would go up. When I changed my gender marker a couple of months ago my rate went up about $2 every 6 months. It's really inconsequential but I was always under the impression it would go down.
Okay so now that I have a little time I will explain why in some cases it will go up when you change to female:
If you are under 25 you are considered a young driver, males in this case will almost always have higher premiums. Now when you hit 25 and beyond that is when it no longer factors your premium based off of gender in the same way as before. What I mean by this is in some zip codes and territories females are statistically the more dangerous drivers.
Your premium is rated not nationally but based off of where you live and how many accidents have occurred and who caused them, so while being a young driver is based nationally, everything past 25 is more local. Try and think about it like this, do you notice more females in accidents then men in your local area? If it is more expensive being female then statistically there have been higher claims and higher payouts and accidents based off of women.
Likewise if you moved to another state or surrounding zip code that could all just change drastically. So between 25-55 you are going to be grouped with all women's driving abilities at that age, then 55+ you enter into the senior age. But ultimately you will find that generally women are the safer drivers and drive the safer cars, but again the rates can change drastically by just a small thing.
As an insurance agent the best way I can advise people to get a quick discount is to check your mileage (especially if you live in California) most states dont notice or care if you say you drive 1000 miles less but actually dont, and that will save you a few dollars each month.