Why are my insurance rates so high when I have a perfect driving record?
"Why would I have high rates with such a good driving record? My driving record is spotless! I am 27 years old and have had my license for 9 years now. I live and work in Pennsylvania and I am tired of paying so much for my insurance."
“Driving record is one of the most substantial rating factors insurance companies use when pricing your policy, but it isn’t the only factor. Other things are taken into consideration, such as:
- Annual mileage
Take a look at your current policy and make sure the coverage is where you need it. If you have a low [collision coverage] deductible, that can make your rate on the higher end. If possible, opt for a deductible of $500 or $1000 to bring the premium down.
If you have a good credit score, low annual mileage, and your policy limits are accurate, it may be time to shop for a cheaper insurance policy. Downloading the free insurance comparison app Jerry is an excellent place to start. Not only does Jerry shop prices with over 45+ carriers, but they also re-shop your policy every renewal to make sure you always have the lowest rate!”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Read advice from car experts at Jerry
Browse by topics
What others are asking
Does Geico cover me if I lose my keys and need a new set?
"I lost my keys to my car and now I can't get into my vehicle. I have Geico's roadside assistance package. Does this cover lost keys?"
Jul 27, 2021
Is there a way to lower the APR on a car loan?
"How can I lower the APR on my car loan? I've been shopping around for car loans, but the lowest I can find is 7.99%. My friends all have lower rates."
Jul 28, 2021
What type of car insurance should I choose for a Ford Fiesta?
"How do I select a policy and broker for my new Ford? I'm looking into buying a new car, but I'm a first-time buyer and I don't know anything about insurance."
Jul 28, 2021