bday - just turned 25

[Lola]

Originally posted by: MathMan

Originally posted by: LolaWiz

Originally posted by: KentState
Turning 25 doesn't make a huge difference. Most insurance companies look at you the same until you are 30, married, have a house, or multiple cars. Nothing change dramatically for me until I got married, got a house, and multiple cars all at the same time.

thats not really true... i mean, the older you get the more it will generally go down, but getting married doesnt matter, neither does your sex. Of course you get a better price when you insure a home and more than one car, but age DOES make a difference, until you get REALLY old, then it goes back up

Ummm... I don't know who your insurance is with, but what you said is generally untrue.

Rates DO factor in whether you are married or single- they are entirely seperate demographics.
And saying sex doesn't matter? That is patently false... ask any 18-year male driver who is paying through the nose and then compare to any 18-year old female driver who is probably paying half...

ok, i am wrong. all of our quotes are wrong. :roll: again, do you want me to post print screens from our computers showing that with who i work for the rates stay the same whether they are female or male, married or single for car insurance?

 

[SampSon]

Originally posted by: LolaWiz

Originally posted by: SampSon

Originally posted by: LolaWiz

Originally posted by: Strk

Originally posted by: Abel007

Originally posted by: LolaWiz

Originally posted by: KentState
Turning 25 doesn't make a huge difference. Most insurance companies look at you the same until you are 30, married, have a house, or multiple cars. Nothing change dramatically for me until I got married, got a house, and multiple cars all at the same time.

thats not really true... i mean, the older you get the more it will generally go down, but getting married doesnt matter, neither does your sex. Of course you get a better price when you insure a home and more than one car, but age DOES make a difference, until you get REALLY old, then it goes back up

Sadly Lola, this is incorrect. If you are a single male at the age of 23 you will pay through the nose compared to a married male at 23 or even a single female at 23.

The age of 25 brings a small discount, as does owning a house and having previous coverage.

I know this because I program insurance rates for a living.

I think I hate you!

thats fine you price it... BUT, I work with it EVERYDAY and i know that when someone gets married, it has NO effect on rate.

we also have no rate change for auto insurance depending on gender. I work for a HUGE insurance co. and i work with it every day and have for many years.

What your company does isn't the end-all-be-all of car insurance.

I know for a fact that many insurance companies quote lower for married couples as well as male vs. female. I can't believe that you work in the insurance business and dispute that your gender has no effect on insurance rates.

It is not the end all be all... but, i am just saying what i see. now, motorcycle insurance is rated on being married or not, but the auto sees no change.

Well tell me the company you work for so I never get insurance through them.

 

[Zysoclaplem]

I turn 25 6 days before my auto policy renews.
They better drop my rate.
ARGH!

 

[Abel007]

Originally posted by: LolaWiz

Originally posted by: MathMan

Originally posted by: LolaWiz

Originally posted by: KentState
Turning 25 doesn't make a huge difference. Most insurance companies look at you the same until you are 30, married, have a house, or multiple cars. Nothing change dramatically for me until I got married, got a house, and multiple cars all at the same time.

thats not really true... i mean, the older you get the more it will generally go down, but getting married doesnt matter, neither does your sex. Of course you get a better price when you insure a home and more than one car, but age DOES make a difference, until you get REALLY old, then it goes back up

Ummm... I don't know who your insurance is with, but what you said is generally untrue.

Rates DO factor in whether you are married or single- they are entirely seperate demographics.
And saying sex doesn't matter? That is patently false... ask any 18-year male driver who is paying through the nose and then compare to any 18-year old female driver who is probably paying half...

ok, i am wrong. all of our quotes are wrong. :roll: again, do you want me to post print screens from our computers showing that with who i work for the rates stay the same whether they are female or male, married or single for car insurance?

Sorry Lola, I did not mean to start a flame war against you. Its very possible you work for a large, standard company that does not use those things to come up with a premium.

I mostly program rates for non-standard companies and I can verify that marriage, age, and sex infact do factor into the premium.

 

[Abel007]

Originally posted by: Strk

Originally posted by: Abel007

Originally posted by: LolaWiz

Originally posted by: KentState
Turning 25 doesn't make a huge difference. Most insurance companies look at you the same until you are 30, married, have a house, or multiple cars. Nothing change dramatically for me until I got married, got a house, and multiple cars all at the same time.

thats not really true... i mean, the older you get the more it will generally go down, but getting married doesnt matter, neither does your sex. Of course you get a better price when you insure a home and more than one car, but age DOES make a difference, until you get REALLY old, then it goes back up

Sadly Lola, this is incorrect. If you are a single male at the age of 23 you will pay through the nose compared to a married male at 23 or even a single female at 23.

The age of 25 brings a small discount, as does owning a house and having previous coverage.

I know this because I program insurance rates for a living.

I think I hate you!

Haha yea I get that a lot. The truth is though that I do not work for any insurance company but an insurance rater and I have nothing to do with rates going up or down. They give em to me and I program them into our software.

 

[MikeyIs4Dcats]

my rates went UP when I turned 25 despite a clean record.

 

[Eeezee]

Originally posted by: LolaWiz

Originally posted by: KentState
Turning 25 doesn't make a huge difference. Most insurance companies look at you the same until you are 30, married, have a house, or multiple cars. Nothing change dramatically for me until I got married, got a house, and multiple cars all at the same time.

thats not really true... i mean, the older you get the more it will generally go down, but getting married doesnt matter, neither does your sex. Of course you get a better price when you insure a home and more than one car, but age DOES make a difference, until you get REALLY old, then it goes back up

Gender definitely matters, females get lower rates because they're supposed to be less prone to expensive accidents