The person who will drive the car, or rather their profile, is a key factor in establishing the price of an insurance policy. Given that we are all different, there is no such thing as a standard insurance policy and the product is always personalized. While it is true that companies structure their products according to particular groups, the policy you take out is always an insurance drawn up - and calculated - specifically for you. The age of the driver, together with the driver's experience, will determine, to a large extent, the cost of the insurance. The older a driver is and the more experience they have, the less likely they are to be involved in an accident, hence the cheaper their premium will be.
This explains why young people with limited experience (until they accumulate ten years with a driver's license) initially have to pay much higher premiums, although the situation does change over time as drivers accumulate years without making any insurance claims. People over 65 years of age also have higher premiums, due to factors that affect driving such as deteriorating vision and the use of mediation.
In this regard, the driver's record is also essential. Someone who has not had to make any claims for several years will have access to a much lower premium, and equally, somebody with a track record with many incidents and claims will have a higher premium. Not only will this be an important factor in our own insurance company's calculation of the premium, but if we decide to change insurance provider then our claims history will also have repercussions on the price that other companies offer us.
Statistics have always shown that women have fewer accidents than men, although since 2012, following a change in European Union law, this factor can't be used to determine the cost of car insurance. Even where we live influences the price of the premium. Statistics and studies show that there are places where accidents are more likely to happen than others. This all depends on factors like the profile of the drivers themselves, the condition of the roads and the amount of traffic congestion.