Why Does Postcode Affect Car Insurance?
- 21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasGreat question! The zip code or post code is used by the insurance company to assess the risk for where you live. Some places have higher instances of auto theft, accidents, or uninsured motorists, and insurance rates in those areas will reflect that in higher rates. The opposite is true - if the area is quiet, low crime and low accident rate, your risk is assumed to be lower, and as a result so will your rates. If you need more information, please don't hesitate to contact me, I'm happy to help. Thanks for asking!Answered on April 30, 2014flag this answer
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