15 Key Factors Used by Car Insurance Companies in Determining Insurance Rates
This Will Help You Understand How Insurance Companies Evaluate You!
April 4. 2019. Article by TopInsura.com Insurance Editors:
The main rating factors included or considered by car insurance companies are: geographical location, age, marital status, years of driving experience, driving record, claims history, credit history, previous insurance coverage, vehicle type, vehicle use, miles driven annually, coverage and deductibles
Each rating factor is weighed differently. Your car insurance rates may increase or decrease when there is a change to any of the following risk factors:
Final note: I hope you learned something about the insider information car insurance companies will determine the rates and discounts for your next car insurance plans. This article will be updated all the time. Please share this car insurance guide.
Article Guide Written By TopInsura.com Car Insurance Editor Ferdinand Guillen.
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