7 Things That Increase Your Car Insurance Rate

Gender

gender affects car insurance rate

Gender is one of the most contentious risk factors that insurance firms use to determine price. The rates for teenage boys are high because they frequently drive recklessly. Beyond that, it’s unclear if men or women have higher rates because, according to Forbes, women generally experience lower rates than males, but not across all age categories.

California, Hawaii, Massachusetts, Michigan, North Carolina, and Pennsylvania are among the states that forbid insurers from setting costs based on a customer’s gender. Although it was one of these states, Montana’s statute was repealed in 2021. Since then, despite other things being the same, the Consumer Federation of America has discovered price differences between men and women in Montana.

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