Jennifer Riley Simone

July 24, 2020

Young or Wizened: Different Stages of Life Mean Different Insurance Costs

While as a society we celebrate the energy of our youth and the wisdom of our seniors, the insurance world takes a different approach. Underwriters deem these age groups to be high risk, which translates to higher insurance costs. And, if someone in those age brackets has an accident, they are more likely to be dropped or have their premiums skyrocket.   We had a situation come up recently that exemplifies this problem. Our client is an 80-yr old widow […]