[dbussone]

Originally Posted by dirtbanker

I believe the insurance companies recognize the young and the elderly are prone to a higher rate of accidents than a middle aged person.



From Progressive's website:



Younger and older drivers typically have the most car crashes, and customers of different car insurance companies have different claims experiences. When determining auto insurance rates, insurers generally consider a variety of information about you, including age, vehicle information, claims history and the claims experience of other customers like you.



Vehicle Insurance Myths Versus Realities | Progressive

The proof is in the pudding. My insurance rates have been declining for years (with the car age and value taken into consideration). And the rate for my 16 yo granddaughter is almost twice that of the combined rate for my wife and me (and our two cars and golf cart).