Factors Affecting Car Insurance Rates Flashcard

Front

Which factor can cause car insurance rates to vary by up to 318%? Options: Gender, Marital status, Yearly mileage, State requirements

Back

State requirements

Front

At what age do car insurance rates typically start to decrease?

Back

25

Front

Which type of vehicle is generally cheaper to insure? SUV, Convertible, Truck, Sedan

Back

Truck

Front

What is the potential increase in car insurance rates due to high-risk violations?

Back

20% to 200%

Front

Which factor is NOT considered by car insurance companies in California? Credit history, Car make and model, Yearly mileage, Driving record

Back

Credit history

Front

How much more do drivers with poor credit scores pay on average compared to those with good credit?

Back

71% more

Front

Which factor can cause car insurance rates to fluctuate by up to 91% in California? Options: Age, Zip code, Marital status, Gender

Back

Zip code

Front

What is the average percentage decrease in car insurance rates when drivers turn 25?

Back

14%

Front

Which factor is statistically associated with 50% fewer accidents? Options: Zip code, Gender, Age, Marital status

Back

Marital status

Front

Which group of drivers tends to pay the most for car insurance?

Back

Teenage male drivers