Why do I get more expensive auto insurance quotes than my neighbor here in Texas? We both have the same car and the same auto insurer. Am I being duped?

Candace

Tyler, TX

Good question. When it comes to auto insurance rates, your insurer uses many different factors in order to assess or underwrite the risk you represent as accurately as possible. The type of vehicle you drive is just one of those said factors. Listed below are some of the most common things that will influence your auto insurance quotes and rates:

• Your Age, Gender, & Marital Status – Teens and seniors are seen to have the highest auto accident risks, females are also statistically less-inclined to get into an accident than males. Married people are also seen as more responsible drivers.
• Your Driving Record - this is probably the biggest factor that is considered. Some insurers will even go as far back as the last five years into your driving history to assess how risky or safe of a driver you are.
• Claims History – Those who have filed more claims in the past may be seen as a riskier driver by auto insurers.
• Credit History – Credit is now used as an indicator of how safe and responsible you are while on the road. Those with good credit tend to be safer drivers in general.
• Where You Live – The crime rate and traffic density in your area (as well as the number of miles you drive everyday) will have an impact on your ability tog et affordable auto insurance quotes.

Shopping around for auto insurance quotes online is a great way to take advantage of the difference in rates between companies. Using online auto insurance comparison websites you can obtain free quotes, get the latest rates, and compare more carriers easily.