LOS ANGELES, CA / ACCESSWIRE / September 28, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org) has launched a new guide that presents the main factors used to calculate car insurance rates.
Car insurance companies will analyze multiple factors in order to determine the insurance rates paid by a customer. Some of these factors can be influenced by the drivers and they can make insurance premiums to be cheaper or more expensive.
Some of the most important factors used to determine car insurance rates are the following:
The safety rating of the vehicle. Policyholders who want to pay lower insurance rates should choose to purchase a vehicle that has a high safety rating. Independent agencies like IIHS and NHTSA determine the safety rating of a vehicle after analyzing several factors. The likelihood of a vehicle being involved in a car crash and how likely are passengers to be injured in an accident