Car Insurance Rates Can Spike Based on Your Age, Gender, and Credit Score — in Addition to How You Drive - MONEY
Car Insurance Rates Can Spike Based on Your Age, Gender, and Credit Score — in Addition to How You Drive - MONEY Car Insurance Rates Can Spike Based on Your Age, Gender, and Credit Score — in Addition to How You Drive - MONEY Posted: 08 Jun 2020 12:00 AM PDT We love our cars, but no one likes paying their car insurance. It can be a hefty expense each month, and how much it costs is very much dependent on your demographic profile and your driving record—factors that insurers use to determine your rate. There are certain things you won't be able to change. Among the things impacting the car insurance price per individual, according to insurance comparison site The Zebra's director of communications Nicole Beck, are your age, gender (in many states), and even your exact ZIP code. These are the kind of overarching facts outside of behavior that an insurer takes into account when sizing up a customer. (Hint: Being a male teenage drive...