 TITLE: Does My Auto Insurance Premium Go Down When I Turn 25? CONTENT: Why Car Insurance Can Get Cheaper at 25\n---------------------------------------\nDrivers under the age of 25 are statistically more likely to cause an accident and file an insurance claim, so insurance companies mitigate this risk by charging higher premiums. According to 2018 data from the Insurance Information Institute, drivers ages 16 to 20 are the most likely of any age group to die in a car crash, followed by drivers ages 21 to 24. With the next age group, 25 to 34, the rate of fatal crashes drops considerably.\nGetting older changes one of the factors in your insurance, which may result in your insurer cutting your rates. Keep in mind, though, that policy periods typically last six or 12 months, and if you turn 25 in the middle of your policy's current term, the insurer won't change your rate. You'll either need to wait until it renews or switch to a different insurance carrier.\nIf you plan to wait until your policy renews, contact your insurance company to make sure that you'll get a discount when it calculates your rate for the next policy period. END