Between June 2006 and July 2007, the average car insurance premium for men rose 5.2% to 518.46 as opposed to 3.1% to 442.28 for women overall. Men are generally considered to be a higher risk because of their tendency to take greater risks, which is borne out by the statistics which show more accidents per capita among men than among women in every age range.

Age is another big factor in the amount of insurance premiums that you pay, and in the percentage by which auto premiums have risen in the past year. For drivers under 25, the highest risk category, insurance has risen a whopping 11.2% since July 2006. The next biggest rise was for drivers in the 25-40 age group, reflecting the fact that this age group tends to log more driving hours than other drivers. Car insurance premiums for this age group rose 5.81% overall. The lowest rise in premiums for any age group was for those drivers age 65 and over – a mere 2.7%.

If you need more information about changing car insurance companies and also get the latest news items stop by at Multi-Car Insurance. You will also find more information on getting better deals on insurance for young drivers here at Young Persons Car Insurance