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How Insurance companies determine quotes for car insurance?
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How Insurance companies determine quotes for car insurance?



    




oklatom
Rating
By determining your risk factors. Male or female. Over or under 25 years of age. What car. What ZIP. Driving record. Even credit rating is considered.

As you can imagine, a 17 year old with a Mustang, and speeding tickets, living in downtown Los Angeles will pay more than a 50 year old driving an Oldsmobile in a small town in Kansas with no tickets.


shortmama7j
Rating
Your driving record and your credit report


jwizzo25
Try using http://My-InsuranceSearch.com to compare car insurance rates for all the major providers in your area.


juston g
Rating
Auto insurance rates may be calculated based on a specific formula that is different with each company. Factors such as age, car location, driving history, annual miles, coverage options, number of vehicles on policy, amount of claims filed, safety and security equipment available to name a few. Below is some more reasons insurance rates can vary.


This is me.
It's to do with risk factor. How likely you are to get an accident and claim.


Mike S
You can easily check quotes in internet, for example here: http://autoinsurance.maclenet.com
Every item they asking for - driving record, type of the car, credit score - influence your quotes.





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