Skip to main content
  1. Life
  2. Family & Parenting
  3. Family

What determines auto insurance rates?

See also

Determining how much is car insurance can be a hard question to answer. The truth is that the actual amount that a person pays for his or her auto insurance can vary a lot. In some cases, a person will pay as little as $75 a month for their insurance, while other people can pay hundreds of dollars a month for a similar policy. How much is car insurance is determined by a multitude of factors that can vary from company to company.
There can literally be thousands of different factors that can determine a person’s auto insurance premiums. The main factor that seems to determine car insurance rates, however, is a person’s driving history. Generally speaking, someone who has never been at fault in an auto accident will pay a lot less for his or her car insurance than someone who has been at fault in an accident. It surprises many people to learn exactly how much one accident can increase their car insurance rates.

There are, of course, many other factors that will affect how much a person is charged for his or her auto insurance. After a person’s driving history for at least the past three years has been considered, the next factors that are considered are the age and gender of the person shopping for insurance. Using the formulas that most insurance companies use, men will generally pay more for their car insurance than women will. The reason for this is that statistics show that they tend to cause accidents with greater amounts of damage than women typically are.
Age can also play an important role in determining your car insurance premium. In general, younger drivers are at fault in more auto accidents than older drivers. It has also been shown that the elderly are the next most likely group after young people to be at fault in an accident. Because of these statistics, people on the opposite sides of the age spectrum will tend to pay more than those in the middle.

Other factors can also help to determine a person’s car insurance premiums. People who live in a high crime area and those who usually park their car outside at night will usually pay more for comprehensive car insurance policies than those who live in safer areas of park their cars in garages.

Rates are also dependent on the value of the car and how much insurance a person wants. People with small deductibles and expensive vehicle will pay more than people with cheap cars and large deductibles.



  • Transgender cop
    A transgender police officer is stepping down from her position to run for office
    Political Office
  • Easter eggs
    Craft delicate, hand-painted eggs with flowers and other designs celebrating spring
    Easter Eggs
  • Subway message
    Subway customer finds 'Big Mama' written on her order
    Subway Message
  • Working from home
    Working from home can be an exciting venture. Get tips to ensure productivity
    Get Tips
  • Limes
    Rising cost of limes could be putting the squeeze on your favorite restaurant
    Expensive Limes
  • Pope Francis
    Religion: Pope Francis instructs how to fight against Satan
    Morning Mass

Related Videos:

  • Tamra Barney of RHOOC
    <div class="video-info" data-id="517542793" data-param-name="playList" data-provider="5min" data-url=""></div>
  • Saira Munoz
    <div class="video-info" data-id="518191362" data-param-name="playList" data-provider="5min" data-url=""></div>
  • Brooke Mueller custody
    <div class="video-info" data-id="518002132" data-param-name="playList" data-provider="5min" data-url=""></div>

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about and apply today!