Auto insurance is expensive. Auto insurers have substantially increased their rates over time because of rising medical costs, higher motor vehicle repair costs, soaring jury awards in motor vehicle liability cases, and insurance fraud and abuse. You should be aware of the factors that determine auto insurance premiums and what you can do to reduce your premiums.
The major rating factors for determining private passenger auto premiums are as follows:
Age, gender, and marital status
Use of the auto
Good student discount
Number and types of cars
Individual driving record
A base rate for liability insurance is first established, determined largely by the territory where ...