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Rating Factors
CS Fundamentals
| Question | Answer |
|---|---|
| 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 |