It’s no secret that the make and model of a vehicle factors into how much its insurance will cost.
Auto insurers consider how often a particular vehicle is associated with insurance claims, its safety features, and how much its repairs cost, according to Progressive: “Certain makes and models are also known to cause more damage than other vehicles. The more claims your make and model has and the more it costs to repair, on average, the higher your rate will be.”
As vehicle and driver data continue to accumulate, insurers have even more information to use to determine policy pricing.
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Elana Ashanti Jefferson
Editor-in-Chief Elana Ashanti Jefferson is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
