When Washington auto insurance carriers are setting rates for customers, they consider a number of factors to determine the level of risk that a driver presents. Higher risk drivers are charged higher rates for insurance coverage.
One of the questions that an auto insurance company will ask when a driver applies for coverage is how long he or she has been licensed. New drivers, especially those in their teens and early twenties, are considered high risk because of a lack of experience behind the wheel. Insurance companies know that drivers in this age group are more likely to be involved in car accidents than mature drivers.
Location is another factor Washington auto insurance carriers look at when setting rates for coverage. Insurance providers track the zip codes where drivers are reporting claims. Other drivers who live in the area will be paying more for their coverage as well. Urban dwellers will be paying higher rates than people who live in rural areas, since more cars on the road means a higher likelihood that a driver will be involved in a collision.
Annual mileage is also something that Washington auto insurance carriers consider when setting rates for coverage. Drivers who spend more time on the road are more likely to be involved in accidents. Choosing to leave the car at home and take public transit to get to and from work can mean paying lower auto insurance rates.