It takes a lot of information to determine your Virginia auto insurance rate. Insurance actuaries have a difficult job—they have to predict the likelihood you’ll be involved in an accident. Here are a few of the factors insurance companies use to determine your auto insurance rate in Virginia and all around the U.S.

Credit score— Many insurance companies use your credit score to determine your auto insurance premium. Research indicates that your credit score is a good indicator about the kind of driver you are. Generally, drivers with good credit scores (who pay their bills on time) have fewer accidents and auto insurance claims than drivers with low credit scores.

Driving record— Your driving record gives a good indication about the risk involved in insuring you—if you have several tickets and auto insurance claims, it’s a red flag to most insurance companies that you’re a risk to insure and should be charged more for Virginia auto insurance. Good Virginia drivers get rewarded with the highest possible amount of savings on their auto insurance.

Where you live— Your Zip Code influences your auto insurance rate. Your Zip Code’s claim history and the number of drivers in your area significantly affect how much you pay. That’s why drivers in New York City— where accidents occur frequently— are charged higher auto insurance rates than drivers in rural parts of Virginia.

Miles logged— Some auto insurance companies look at the number of miles you drive annually to help determine your auto insurance rate. Drivers who rack up a significant number of miles have more opportunities for auto insurance claims, so they could be charged more for auto insurance.

Find out what your Virginia auto insurance premium will be with Esurance when you get a quote from us today!