We found this great infographic (thanks to www.car-insurance.com) that shows the breakdown of how insurance companies determine the rates for car insurance. There’s a lot of info here, but it’s really insightful to see all of the factors that the insurance companies use…
An interesting fact:
The average American spends $1,560 a year on car insurance.
This one will blow you away:
The average American adult spends about $80,000
for car insurance in their lifetime!
Click on the graphic below to pull up the full-sized version: