Personal and Social Factors
Location
Where you live can play a big role in how much you pay for car insurance.
Living in a place where car insurance repairs are more expensive or where there is a high likelihood of theft and vandalism also increases the cost of coverage. Additionally, living in a location prone to severe weather—such as flooding or hail—can contribute to higher car insurance rates.
Whether or not you live in a rural or urban area can also impact how much you pay for car insurance. That’s because the chances of
