Many insurance companies calculate the premium rate based on the demographic factors. Some of the demographic factors that influence the car insurance rate are the age, sex and marital status. People that are aged in between 16 – 25 have a higher car accident rate so they are charged with higher premium rate. Women drivers usually pay lower than the male drivers because statistic shows that women are prone to encounter fewer accidents.

Statistic shows that the younger men have a higher fatality rate compare to young women. According to the statistic, the young men are often involved in an accident because of not wearing safety belt, speed driving, driving under alcohol influence, and reckless driving. In addition, young men always like to break the traffic laws.

More and more females are getting involved in the accident. The fatality rate among women drivers are increasing every year. Studies have shown that the female drivers’ fatality rate has increase for 15% since the past decade. The male fatality rate has dropped by 12% in the last 20 years. The cause of the increased female driver fatality rate is owed to the bad driving habits that they picked up from the men drivers. In addition, more female drivers are getting driving license.
Despite that, the fatality rate of male drivers is still significantly higher compare to the female drivers.