How Are Auto Insurance Premiums Determined?

Insurance companies use a combination of different variables to determine how much each driver should pay for car insurance. Typically the factors that are considered to be the most important include:

Driver age and gender
Driving record
Make, model, and year of vehicle
Occupation
Credit history

These categories help to classify a driver as either a high-risk or low-risk motorist. Those who are considered high-risk often pay much more for their coverage, sometimes as much as 2 to 3 times more than low-risk drivers.

To learn more about car insurance premiums and how we can help you purchase auto insurance online at a low price, contact us today.