Secrets Insurance Companies Hate About Your Premiums

Factors Affecting Your Premiums

Several factors influence your insurance premiums, and understanding these can help you make more informed decisions. For example, your credit score can play a significant role in determining your rates. A higher credit score often equates to lower premiums, as insurers view individuals with good credit as less risky¹. Additionally, your driving record, age, and location are crucial elements that insurers consider.