How Are Car Insurance Premiums Calculated? : Auto Insurance

this is Melissa Morley with all seasons

insurance and today we're going to

discuss how car insurance premiums are

calculated this is really good

information for you to have the more

information you have the better informed

consumer that you are the more

likelihood you're going to save money

and have all the coverages that you're

looking for now nowadays insurance

premiums are calculated on a whole lot

more than they used to be used to be are

you a man are you a woman how old are

you what kind of car do you drive

and how many accidents and tickets do

you have those are still figured in but

along with that where you live your

location how many other people like you

and your location have had automobile

accidents what is the loss history for

that particular zip code that you're in

included and very very important to

insurance nowadays is credit somehow

insurance companies have created an

algorithm that can show and it's been

held up through court that people that

have lower credit scores are more likely

to have accidents this is a situation

that many people ask me why do they do

that how can they do that my answer to

you is it's been upheld in the courts

the insurance companies have proven that

their algorithm does rate and the

insurance commissioners have allowed

this so be aware that when you go

shopping for car insurance that you need

to know how the calculations are made

that determine your premium which

include H whether you're a man or a

woman your zip code the car that you're

driving how many cars are on your policy

if you also have other policies with

that company if you can bundle them

your credit score among other things so

always go shopping this has been melissa

Morley with all seasons insurance today

we've been discussing how car insurance

premiums are calculated