Why do automobile insurance companies charge more for unmarried males between the bids of 16 and 25 than they do for married males between these ages?

Question

anonymous · Answer

Because young drivers tend to be more inexperienced and to take greater risks in their driving and therefore they tend to have more accidents.  Therefore the insurance companies will charge a higher premium to cover a person under the age of 25.   The age of 25 is somewhat arbitrary, but usually one becomes a better driver after that age.   wmw

anonymous · Answer

Same reason.  It can be shown that a young married man drives more safely, generally, than does a single male of that age.   This is all determined by the statistical analysis of historical data in the U.S. say over the past ten years.  If another country, then those statistics are used.  wmw