Categories: Curiosities

15 Fascinating Things You Need to Know About Your Insurance

Women pay less for car insurance

Let’s talk about car insurance now. This is one place where it pays to be a woman. Most states allow insurers to take a driver’s gender into consideration when setting premiums, and rates are typically lower for women than men.

The difference can be negligible at older ages but significant for teens. You’ll pay nearly 15 percent more if your 16-year-old driver is a boy rather than a girl, according to data from insurance platform The Zebra.

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