Most of the insurance companies believe in the notion. This is why you will find cheaper deals on people over 30 years and under 20 years of age. There are many other factors that help in determining the cost of the insurance.
Among the factors considered by the major insurance companies is the driving experience of the drivers who will drive the car. The premiums decrease as the drivers reach the age of 30.For drivers above the age of 20, the premiums are considerably high. If you have experience in adventure car sports, it will help you get insurance at lower rates.