When you think about buying a car, you most likely surf the internet looking for automobile sites, or dealership homepages to get an idea on a certain vehicle and gather some information. One thing most of us would never think to do is use social media when we are car-shopping.
Have you ever tried to rent a car when you were younger than 25? It can be done, but not without the penalty of fees and restrictions. These underage fees are applied for each day the car is being rented. The minimum age that one can rent a car is between 18-21 depending on the company and location. Why, you ask? The answer is quite simple. Insurance.
After nine years of driving, accident rates drop significantly . On average, new drivers from ages 16-19 per 100 drivers experience 20 accidents per year. However, as time advances and your driving skills progress, the number of accidents will decrease. With this being said, drivers over the age of 25 are half as likely to cause an accident than beginner drivers.
Purchasing insurance is adjusted per individual, so it’s best to explore your options to choose the insurance policy that fits your needs. Also remember, your insurance premium is lowered at the age of that magic number, 25!