Most drivers only think of their personal circumstances when it comes to their car insurance rates. Things such as accident history, driving record, and other personal factors all lend to the final rates for the individual. There are other factors at work that affect car insurance rates on a much larger scale. Many people would be surprised to learn that their driving record is not necessarily the biggest contributor to their rates.
A recent survey ranked states by their insurance rates. The average came in at $1500.00 with the scope running from $1000.00 to $2500.00. It was found that there are many important factors that go into the calculation of an annual premium. Major contributing factors include the population of uninsured drivers, the state's laws and legislation, and local threats of weather are all important.
