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What causes high insurance rates?

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What causes high insurance rates?

Enquiry is from farmers insurance el paso topic

The question was posed to me during an interview for a job.

Other related questions to my question are:

What causes insurance rates to be high?

What are 5 factors which influence insurance rates?

What factors can affect insurance pricing?

What are 4 factors that affect your insurance premium?

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Correct answer for this question is: Common causes of overly expensive insurance rates include your age, driving record, credit history, coverage options, what car you drive and where you live. Anything that insurers can link to an increased likelihood that you will be in an accident and file a claim will result in higher car insurance premiums.Jan 25, 2022

The title of my answer can be Why Is My Car Insurance So Expensive?

 You can read more about by answer on ValuePenguin

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