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Rating Factors

CS Fundamentals

QuestionAnswer
Insurance companies have conducted studies that showed people between the ages of 16 to 25 have a higher rate of insurance claims than people who are older Date of Birth
What you use your vehicle for on the daily basis, will affect the price of your premium Vehicle Usage
According to statistics, married drivers tend to have a lower risk of getting into an accident, on the whole, than their single counterparts Marital Status
Vehicle Rating Factor depending of the brand of your vehicle Make
The distance a person estimates they will drive in the next year Annual Mileage
Before providing our customers with a coverage quote, most insurance companies will take the last five years of your driving record into account Driving Record
Location where an insured’s car is parked most of the time Garaging Address
Vehicle Rating Factor based on when your vehicle was manufactured Year
Statistically, young men are involved in more accidents than young women Gender
Vehicle Rating Factor depending on the type of vehicle you drive Model
The number of years someone has been driving Driving Experience
Vehicle Rating Factor based on how much your vehicle is worth Value
Created by: OscarC
Popular Insurance sets

 

 



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