Key Factors Influencing Your Auto Insurance Premium

Which of the following is NOT a factor that insurance companies use to calculate auto insurance premiums?

• Favorite color

• Mileage

• Vehicle make and model

• Deductible

What is a common auto insurance deductible amount?

• $100

• $500

• $5,000

• $1,000

Choosing a higher deductible can save you on average:

• 9%

• 20%

• 5%

• 15%

Tags

CCSS.7.RP.A.3

Which of the following vehicles would likely have a higher insurance premium?

• 1995 Ford

• Brand new Audi

• 2000 Honda Accord

• 2010 Toyota

Why might a 2000 Honda Accord have a higher insurance rate?

• It is a luxury car

• It has high mileage

• It is popular with thieves

• It is an old model

What is the benefit of driving 9,000 miles a year or less?

• Lower fuel costs

• Low mileage discount

• Less wear and tear on the car

• Better resale value

How much can one speeding ticket increase your auto insurance rate?

• 40%

• 30%

• 20%

• 10%

Tags

CCSS.6.RP.A.3C

Which of the following offenses can double your insurance rate?

• Running a red light

• Speeding ticket

• Parking violation

• DUI

Which group generally pays more for auto insurance?

• Women

• Married individuals

• Younger drivers

• Older drivers

How much less does a married 20-year-old pay for car insurance compared to a single 20-year-old?

• 10% less

• 15% less

• 25% less

• 21% less

Tags

CCSS.6.RP.A.3C