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Auto Insurance Premium Drivers: The Quantitative Analysis





Blueprint for Financial Prosperity publishes a study of how individual factors in the auto insurance application will change the premium by using Kanetix, an online comparison shopping engine for car insurance.

The result is shocking. For example, getting married can save you 22% on premium, while a single moving violation will push your bill up by 26% to 80%, depending on the nature of the violation. Good read!

From Blueprint for Financial Prosperity:

Personal Details:

ChangedOriginalAverage
Quote
$ Diff% Diff
Age to 1826$2016.35+$1387.65+220.7%
Age to 2126$881.90+$253.20+40.3%
MarriedSingle$490.90-$137.80-21.9%
FemaleMale$510.63-$118.07-18.8%
B.S., Ph.D, J.D.M.S.$628.7$00%
High SchoolM.S.$672.58+$43.88+6.9%
Revoked License*No$797.33+$168.63+26.8%
SR-22*No$809.50+$180.80+28.8%
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