What impacts your car insurance rate?

I'm a new driver and insurance prices are outrageous. I don't understand how anyone affords a car with these rates. Why is my rate so high?

Answer
Car insurance rates are dependent on a variety of factors, including:
  • Age
  • Credit history
  • Driving record
  • Geographic location
  • Type of vehicle you drive
Since you are a new driver, car insurance carriers also consider you a higher risk. Your insurance rates will always be higher than someone who has more driving experience
If you haven’t already, see what discounts you may qualify for with carriers. Some carriers offer discounts for driver training programs which can help reduce your rate as a new driver, as well as good student discounts.
You may also need to shop around just a bit longer. While your rates may be high until you gain more experience, the Jerry app can help you find the best price on car insurance.”
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Emily Maracle
Answered on Aug 19, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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