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UPDATED: Aug 14, 2020
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We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
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The price that you pay for auto insurance coverage from your insurance company. The price is based on the insurance company’s experience and expectations of the potential frequency and cost of accidents, theft, and other losses. Prices vary between companies and products.
Other factors on price, include: amount and type of coverage purchased, make and model of your car, driving record, how long you’ve been licensed, your age and gender, where and how much the car is driven, and more recently & controversially, some insurance companies use your credit history to determine pricing.