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Age does affect it yes. And it starts dropping earlier: drivers between the ages of 25 and 67 can expect a discount on the average claim requirement - the
by tharkun__ 3y ago
Age does affect it yes. And it starts dropping earlier:
drivers between the ages of 25 and 67 can expect a discount on the average claim requirement - the insurance premium drops thanks to age being taken into account. Drivers aged 27 to 41 receive the largest discounts of 26 percent, while those aged 63 to 67 benefit from discounts of 6 percent
So while Germans start driving later they also drop rates earlier. And the older you get the less you get your rates dropped based on age! Around 45 is where you benefit the most from your age for rates.
But older people according to this also have the advantage of having a longer driving record and if you didn't have an accident in that time it can counteract the bad effect of advancing age on your rates.
https://www-gdv-de.translate.goog/gdv/themen/mobilitaet/so-wirkt-sich-das-alter-auf-den-kfz-versicherungsbeitrag-aus-12464?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp https://www-gdv-de.translate.goog/gdv/themen/mobilitaet/so-w...
- eru 3y agoThanks!