What Affects Your Insurance Rate? 1
There are a lot of things which can affect the cost of your auto insurance. Being aware of what those factors are can ultimately help you save — potentially a lot of money, in fact.
For example, did you know that where you live is a huge factor in determining how much your car insurance rate will be? Not a lot of us do. However, generally speaking, if you live in a large city, then you will have to pay higher insurance rates simply because there is more traffic and, as a result, more accidents.
The car that you drive is a vital factor as well. Statistics and studies have proven that certain kinds of automobiles and even certain colors will typically be involved in more accidents than others. Using those statistics, then, car insurance companies will charge higher rates for those cars.
As I see a picture of a distracted driver on your post, I thought I would alert your readers to an article in the New York Times I came across: http://www.nytimes.com/2009/08/29/technology/29distracted.html?_r=1&ref=technology&pagewanted=all. Distracted drivers in Utah who injure or kill others on the road could now face the same penalties as drunk drivers.
Robert
22 Sep 09 at 5:41 pm