According to Insurance.com, insurance company analysts identify 11 things that are generally used to set your insurance rates.
- Type of car
- Vehicle cost
- Car size
- Theft history of vehicle type
- Location (where you live)
- Your driving record
- Driving experience
- Annual mileage driven
- Your age
- Your credit history
- Your gender.
So yes, that bright red sports car that you wanted to buy will cost you more than the little Honda Civic your Mom wanted you to get …
