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Granted, no one wants to pay for insurance. However, whether it’s for your ride or your home, insurance is very much so one of those “It’s better to have it and not need it than need it and not have it” things. Of course, how much you pay can fall with good habits, age, and claim history. Still, you could end up paying higher car insurance rates without realizing it. 

Your car insurance rates depend on more than age, gender, claim history, and vehicle type

Beyond your history of filing a claim after a crash, your insurance provider may raise how much you pay for coverage due to the following. 

  • Insuring a teenage driver
  • Your credit history
  • Staying single
  • Moving
  • Your job

Ok, so insuring a teenager is risky. Duh. However, you’ll likely insure your teenager on your policy. And, in doing so, you’ll raise your rates. In some cases, it may cost as much as $3,000 or $4,000 to insure your teenager for the year. 

People might not know just how much their credit score impacts their car insurance rates. However, rather than setting your rates by your credit score, your insurer may use a credit profile to create “insurance scores.” Consequently, providers may use the score as predictive data to assess the likelihood that you’ll file a claim.  

Okay, less than driving up your car insurance rates, your marital status could lower your rates. According to Insurify, insurance providers are more likely to allow you to reduce your rates after marriage. It’s true; providers tend to identify married drivers as “less risky” than single ones.

Moving is exciting. It’s a huge event that impacts nearly every facet of your life. However, swapping your surroundings for something new and refreshing could hit you right in the wallet. For instance, your insurance rates in Shelbyville, Kentucky are likely to be demonstrably lower than those in a major urban center like Los Angeles, New York, or Chicago.

 Finally, your occupation could have an impact on your insurance rates. Believe it or not, certain working professionals are considered “high-risk.” A realtor or attorney, for example, may pay more for coverage than other occupations. The reason? Real estate agents spend quite a bit of time on the road and attorneys can work long, tiresome hours that raise the likelihood of a claim.

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Staff Writer

Erik Sherman

Erik Sherman joined the MotorBiscuit team as an Autos Writer in 2022. An admitted petrolhead and an avid motorcyclist, Erik has owned everything from classic cars to motorcycles to modern driver’s cars. Erik also has extensive experience with military and emergency vehicles, ranging from ambulances and fire engines to MRAPs and M-ATVs. Erik is an eager car and motorcycle reviewer with experience covering everything from sports cars to pontoon boats and jet skis.

Erik holds a Bachelor’s Degree in International Relations (IRG) from the University of Texas at Austin and has studied Chinese, Energy, and European Politics at the University of Glasgow in Scotland. Erik’s background is unorthodox; he is a United States Marine Corps (USMC) combat veteran, water survival practitioner, and a former firefighter/EMT. Additionally, Erik is a regular volunteer and former instructor with the American Red Cross (ARC).