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How Auto Insurance Rates Are Calculated

Auto insurance companies use various factors to determine your premium rates. Understanding these factors can help you find ways to lower your costs and get the best coverage for your needs.

Key Factors That Affect Your Rate:

  • Driving Record: A clean driving history can significantly lower your rates
  • Age and Experience: More experienced drivers typically pay less
  • Vehicle Type: The make, model, and year of your car impact costs
  • Location: Where you live and park your car affects your premium
  • Coverage Level: Higher coverage limits mean higher premiums
  • Credit Score: In most states, better credit can mean lower rates

By comparing quotes from multiple insurance providers, you can ensure you're getting the best rate for your specific situation. Start your free quote today and see how much you could save.