On top of all that, speed limits are also being raised. This is simply because more cars, therefore more crowded roadways, increase the number of car crashes in those cities. For example, drivers living in large metropolitan areas are likely to pay more. The number of crashes, and the cost of these crashes, are a component of auto insurance pricing in every state. Alternatively, your costs will decrease if you drop either a car or a driver from your policy.īut there are also other factors outside of your control that could cause rates to increase, such as the crashes other people are involved in. For instance, if you add another car, or a teenaged driver to your policy, your costs will increase. Your actions, as a policyholder, can affect what you pay, too. In most states, costs are currently rising. Sometimes these cost factors go up, and sometimes they go down. Auto insurers price their policies based on a number of factors.
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