Why Is My Car Insurance So High?

in Business Tips

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 …