When the summer heat really starts to sizzle, the best thing to do is spend as much time as possible in the nearest body of water. But did you know your favorite neighborhood pool can also serve an apt metaphor for why you pay what you do for car insurance?
When it comes to car insurance, how much you pay and why can seem confusing. There are a number of rating factors that insurance companies use to determine how great a risk you will pose. Some of those are in your control, like what you drive and how you drive.
But other times you might wonder: why do I pay so much more than my cousin in Tucson even though he’s a terrible driver?
The answer may be found here in our Risk Assessment Pool. For you see, where you live — the state, the city and even down to the specific neighborhood — plays a big part in your rates. Why? Because how likely you are to make an insurance claim also depends on the world around you from the weather to the roads and all the possible miscreants on them.
So let’s dive right into the Risk Assessment Pool, check out who’s there and how they might affect you.