Your home’s ZIP Code determines a lot for you— your home’s resale value, your auto insurance rate, and the public schools your children attend (if you have any).

Read more to find out how your garaging address impacts your auto insurance premium and what you can do to save on auto insurance.

Location! Location! Location!
Where you live helps insurance actuaries assess your risk for accidents. Your ZIP Code and its loss history (which includes factors such as your area’s claims history, crime rate, and number of drivers) help determine your auto insurance rate. This explains why drivers in large cities like Los Angeles and New York have to pay higher auto insurance premiums than drivers in rural areas.

Annual Mileage
In some states, auto insurance companies use drivers’ annual mileage to determine auto insurance rates. Because of an increased risk for accidents, drivers with high annual mileage pay higher auto insurance rates.

Besides moving to a new ZIP Code, what can you do to lower your auto insurance rates?

• Drive safely
• Avoid auto insurance claims
• Look for auto insurance discounts
• Shop around every 6 months for the best rates

Visit the Esurance Auto Insurance Learning Center for tips on driving safety and ways to save on your auto insurance.

Find out if you can save on reliable auto insurance with Esurance. Get a quote today!