What are the variables included in the cost of car insurance?
by Author on Wednesday, April 13th, 2011 | 3 Comments
What are the BASIC variables that are included in any car insurance? i.e...car color, car make, type of car, horsepower, year, age of driver, ethnicity...? Which things do they look at car wise/and driver wise that affect how much insurance you end up paying in the end? and does the speed of the car effect the cost greatly?
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The factors are…
Vehicle – Year, Make, Model, How much you drive
Driver(s) – Age, Status, Driving Records, (in some states credit history also plays role:not in CA)
Color, ethnicity, is not a factor.
For more information please visit.
http://www.metropolinsurance.com
http://www.universallinesins.com
Zack
http://www.metropolinsurance.com
Color is not a factor. Make, model, age and engine size are. Ethnicity is not,but your age and driving record are, and so is your location (usually ZIP code). "Speed" usually isn’t, since most cars today can easily exceed any posted limits, but horsepower and acceleration could be factors. Mostly, it’s your age and driving record.
Age of the car, the experience of the driver, cost of car, That is basically all. The experience of the driver/ age makes the biggest impact as well . I got these off of this site
http://www.zippy.com.au
Thanks