Why is my sister paying less for her car insurance than me?

"My sister and I have the same car insurance company and we both need full coverage on our vehicle.

She's a few years younger than me and has a clean driving record. I was in a not-at-fault accident two years ago. We also have the same lender for our car loans. Why is she paying less than me?"

Answer
“While you and your sister have similar situations and are with the same carrier, rates vary among drivers. A variety of factors go into determining insurance rates, including your driving record, age, type of vehicle, and credit history (in some states).
Although your sister is younger than you, her clean driving record is most likely helping to reduce her rate. Any type of accident or claim can influence your rates. even a not-at-fault accident.
Another factor is coverage limits. If your sister has lower liability car insurance limits than you, she will also have a lower rate. You can look at your sister’s policy to see how yours may differ from hers.
You always have the option to shop around. While your current carrier may not be offering a lower rate, it may be possible to find cheap car insurance and a rate similar to your sister’s. “
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Emily Maracle
Answered on May 17, 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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