10 Factors That Affect Car Insurance Rates (2023)

Plenty of factors go into determining car insurance costs. Some, like location, vehicle type and driving history, are fairly straightforward. Others, like credit history and marital status, may be a bit more surprising.

#1 Your Vehicle’s Make, Model and Age

The age and type of vehicle you drive impact the cost of car insurance. Insurance companies consider the average cost of claims for different types of vehicles when setting rates. More expensive vehicles with…

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