When it comes to car insurance, the early twenties are a particularly expensive time. However, costs tend to fall as people get older and gain experience behind the wheel. As a new driver, it is vital to shop around for the best rate possible. Don’t be afraid to switch companies if you can get a better rate. Likewise, car insurance for women at age 22 should be tailored to her needs.
In addition, consider the kind of car you want to buy. Sports cars tend to be more expensive than your typical Honda Civic. Generally, sports cars cost more to insure than compact sedans like Honda Civics. A hybrid or compact car is a safer choice. Depending on the gender of the driver, a sports car may cost more to insure than a Honda Civic. And while it’s true that sports cars cost more to insure, women still have lower risk of getting into an accident than men.
Young drivers pay higher rates because they don’t have much experience driving. For example, the average cost of car insurance for a 22-year-old is $4,128 per year. It’s important to note that young drivers have a higher risk of getting into car accidents, so the rate difference is larger than for adults. The difference is less dramatic once you get into your thirties, but still high enough to be a deterrent to driving.