Florida is known as a place where retirees love to live. That’s understandable since the climate is mostly nice and the beaches are famous for their white sand. There’s plenty of great food to be had and a lively nightlife.
But if you are a young or new driver in Florida, it may not seem so friendly. That’s because young drivers pay much more for insurance than mature drivers. Why is that true?
Unfortunately, younger (and new) drivers don’t have a track record for insurers to look at and gauge how safe of a driver they may be behind the wheel. And it’s a double whammy that, as a group, younger drivers (and especially young male drivers) have more accidents and violations than any other group of drivers. Which means, as a young driver, you’ll be paying auto premiums for all those other drivers.
More mature drivers have had plenty of time to establish their driving record. And for those who have a clean driving record, the best rates are applied. However, as drivers age, their insurance rates will begin to rise, but they’ll never pay as much as they did at 16 (unless they have a really horrible driving history).
The best thing you can do as a young driver is to be careful to keep your driving record clean so that you can age out of those high rates as quickly as possible.