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Writer's pictureCrosswinds Insurance

🤔What determines your auto insurance rates?


Auto insurance is a necessary expense for any car owner, but the cost of insurance can vary significantly based on a number of factors. If you're in the market for car insurance, it's important to understand what goes into the quoting process so you can find the best coverage for your needs and budget. In this blog post, we'll take a look at some of the key factors that go into quoting auto insurance.

  1. Driving Record. Your driving record is one of the most important factors that insurance companies consider when quoting your auto insurance. If you have a history of accidents or traffic violations, you can expect to pay more for your insurance. On the other hand, if you have a clean driving record, you'll likely pay less for coverage.

  2. Vehicle Type. The type of vehicle you drive can also impact the cost of your insurance. Generally speaking, newer-more expensive vehicles will be more expensive to insure. The reason for this is that if your car is damaged or totaled, the insurance company will have to pay out a larger sum of money to cover the cost of repairs or replacement.

  3. Age, Gender, and Marital Status. Believe it or not, your age, gender, and marital status can all impact your insurance rates. Statistically speaking, younger drivers and male drivers are more likely to be involved in accidents, which means they will typically pay more for coverage. Similarly, married drivers tend to have fewer accidents than unmarried drivers, so they may qualify for lower rates.

  4. Coverage Options. The type of coverage you choose will also impact the cost of your insurance. If you opt for a higher level of coverage such as comprehensive or collision coverage, you can expect to pay more for your insurance. However, these types of coverage can provide added peace of mind in the event of an accident.

  5. Credit Score. In some states, your credit score can also impact your insurance rates. Insurance companies believe that drivers with good credit are less likely to file claims, so they may offer lower rates to those with higher credit scores.

  6. Location. Where you live can also impact your insurance rates. If you live in an area with a high rate of car thefts or accidents, you can expect to pay more for your insurance. Similarly, if you live in an area with a high population density, you may pay more for coverage.

In conclusion, there are a number of factors that go into quoting auto insurance. By understanding these factors and working to improve those that you can control such as your driving record and credit score, you can find the best coverage for your needs and budget.


When you work with an independent insurance agency like Crosswinds Insurance Agency, you have the benefit of working with an agency with access to multiple carriers competing for your business. Contact us today to learn more!

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