How to estimate insurance for an extended period?
I am doing a math project for school and I need to give an estimate of insurance for each year in a nine year period. The car is a 2010 Honda Civic Hybrid, 12,000m/year. Does the rate increase/decrease per year due to age/wear? I have no idea how to estimate this. Please help me out! Thanks
The insurance policy would start at the age of approximately 22 until the age of 31. Would it still change?
For someone your age, the amount tends to decrease each year, because of the increasing age of the driver (not the car). Insurance is very expensive for high school students, decreases until it reaches close to normal adult rates at age 25, and then increases again late in life.
The age of the car is not a major factor.