Car insurance 'age tax' could impact two generations, study finds
Baby Boomers and Gen Zers pay a higher – and possibly unjustified – average monthly car insurance premium, in part because of supposed "age tax," according to a study conducted by car insurance shopping app Jerry.
The study found that Gen Z drivers in 17 states across the U.S. pay higher auto insurance rates than millennials, despite having equal or fewer driving violations.
