What are some factors that influence my insurance premiums?
• Any claims made against your policy, including medical care, auto body repair, construction, legal defense, jury awards, claims adjustment, and insurance fraud. • The insurance provider’s overhead including rent, utilities, employee salaries and benefits, office supplies, equipment, and furniture. • The insurance provider’s investment income. Auto Insurance Howmeowners Insurance Renters Insurance Business Insurance AUTOMOBILE INSURANCE How does where I live affect my premium? If you live in a rural area, your auto insurance will usually be lower than if you live in a larger more heavily populated city. Your neighborhood helps determine your probability of having an accident or having your car stolen or vandalized. Local police response times, road and traffic conditions, and the quality of local medical services can also affect regional insurance rates. In some cases, the number of lawsuits filed, tried, settled, and settlements amounts are also factors. Do all states require some ki
