How Does the Insurance Company Determine My AUTO Rate

Thursday, 08 April 2021

Auto Rate

Have you ever received your auto renewal papers in the mail from your insurance company and wondered how they determine your rate?

Believe it or not, the insurance company doesn’t just pull your rate randomly out of the sky! There are a few things that they take into consideration when determining your yearly auto rate:

Driving record; accidents, violations, etc., all make a difference
The type of vehicle you drive
Annual miles driven
The purpose of owning the vehicle

If you are wanting to learn more about what impacts your yearly auto rate, give Clevenger Insurance a call today at 574-267-2181!

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