How Are Auto Insurance Rates Calculated?

The primary factors impacting auto insurance rates are the 6 parts of an auto insurance policy. Rates are generally based on:

The coverage types you choose from among the 6.
The amounts of coverage in a specific part.
The amount of deductible you choose. In most cases, the higher the auto policy deductible, the lower the premium paid.
Several other factors impact auto insurance rates. You'll probably pay less if any of the following apply:

Your previous driving record does not include tickets, accidents and claims.

Your home address is outside an urban area where more accidents and thefts are likely to happen.

Your credit rating is high.

You are older than 25.

You are female.

You are married.

You own a make and model vehicle not prone to theft, or driven at higher speeds.