How Is Auto Insurance Rated?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    Auto insurance is rated based on many factors. Some of the more common factors are, geographic location, age, driving record, marital status, number of drivers in the household, and credit rating just to mention a few. When shopping for your auto insurance always remember price isn't everything. Use a local agent that you are comfortable with, remember they are going to be first and last line when it comes to a claim or assisting with your coverage.
    Answered on May 19, 2013
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    In California auto insurance is rated by the year, make and model of the car.  Another factor is the driving records of all the members of the household with the car.  A major factor is the number of miles the vehicle travels.  In California the insurance company does not do a credit check.  The company will also check the intended use of the vehicle.c
    Answered on June 30, 2014
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