Car insurance costs are calculated with complex formulas. Here’s what really affects your premium and what you can do to influence the final number Written By Written by Insurance Senior Editor, Buy ...

Your vehicle type, motor vehicle record and previous claims history are a few factors that determine car insurance rates. The type of vehicle you drive, how frequently you drive and the coverage you ...

Your car insurance quote will generally show the insurer's suggested limits—usually more than the mandated minimums—for each ...

It’s among the bigger bills we pay, and yet just what drives – so to speak – the cost of car insurance is probably unclear to many of us. Knowing the multitude of factors insurance companies consider ...

Car insurance premiums have risen more than 20% in the 12 months ending February 2024, according to the Consumer Price Index released on March 12, 2024. The reasons for the spike range from lingering ...

Several factors will affect your car insurance rate, including your driving record, the vehicle you drive and your age. First-time drivers typically pay higher rates for car insurance because they ...

Car insurance helps pay for vehicle damages, injuries and other costs. While the U.S. federal government sets broad rules, each state creates its own laws and requirements for car insurance. So, it’s ...

To help consumers find the best car insurance for their needs, we evaluated 389 companies across the United States. Each rating considered two or more of the following key car insurance factors. As ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...