![]() ![]() ![]() Generally, if you have an expensive car, you will probably get a higher-than-average rate. On the other hand, people living in low-risk areas can even qualify for discounts on their premiums. Drivers living in areas with high rates of accidents or car theft are likely to pay more since they have a higher likelihood of making a claim. Location is also a deciding factor for insurance companies since some areas statistically have more accidents or thefts. But some insurance companies also charge higher premiums for senior drivers due to a similar assumption of high-risk. This is why young drivers must often pay higher premiums than experienced adults. Since young people technically have less experience at the wheel, some insurance companies consider them high-risk. Hawaii Alaska Florida South Carolina Georgia Alabama North Carolina Tennessee RI Rhode Island CT Connecticut MA Massachusetts Maine NH New Hampshire VT Vermont New York NJ New Jersey DE Delaware MD Maryland West Virginia Ohio Michigan Arizona Nevada Utah Colorado New Mexico South Dakota Iowa Indiana Illinois Minnesota Wisconsin Missouri Louisiana Virginia DC Washington DC Idaho California North Dakota Washington Oregon Montana Wyoming Nebraska Kansas Oklahoma Pennsylvania Kentucky Mississippi Arkansas Texas View Rates Major factors that influence auto insurance ratesĪuto insurance companies consider various factors when calculating premiums, including the driver's age, location, type of vehicle, record and credit score. ![]()
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