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When Does Car Insurance Go Down For Females?

When Does Car Insurance Go Down For Females?

Nearly everyone is already aware of the fact that your gender influences the rate you pay for car insurance. That’s because auto insurance policies calculate your rate based on the statistical chance you’ll make a claim, and how large it will be. Men make far more claims, and larger ones, than women, likely because of …

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Why Did My Car Insurance Premium Increase? Top 5 Reasons Why!

Top 5 Reasons for Premium Increase

Auto insurance companies increase premiums annually. Increases are caused due to high losses for the insurance companies, and insurers have penalties for drivers who are considered high risk. Average increases in premiums between 2018 and 2019 for auto insurance premiums were 7%. Depending on how the 10 largest auto insurance companies perform, the average rate …

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