Why Is My Car Insurance So High? Every Factor Explained

Car insurance rates have been rising across the board, but individual premiums are still determined by a complex set of factors. Understanding these can help you find ways to lower your bill.

The Factors You Know

• Driving Record: Accidents and tickets are the biggest predictors of cost.
• Your Vehicle: Expensive cars cost more to repair, and some are more prone to theft.
• Your Age: Younger drivers statistically have more accidents.

The Factors You Might Not Know

• Credit Score: In many states, your credit score is a major factor in your premium.
• Your Zip Code: Rates are heavily influenced by local accident rates, crime, and weather patterns.
• Coverage History: A lapse in coverage, even if you didn't have a car, can increase your rate.

How to Lower Your Premium

Shopping around every 6-12 months is the most effective way to save. Additionally, consider raising your deductible if you have an emergency fund.

Get an honest estimate without the sales calls using our Car Insurance Estimator.