What Determines Your Insurance CostsEvery one is looking for the best insurance rate. In fact, just think of the many commercials out there asking you to take 15 minutes to get a new car insurance quote, but we haven’t seen one that says what goes into deciding that quote. We did, however, find this nifty infographic (courtesy of www.car-insurance.com) that goes into more detail about which factors determine how much you pay. Though no one knows the exact formula that determines your insurance costs, they have made some educational guesses here. Did you know that insurance companies have their own guarded “insurance score” similar to your credit score? They also take into account many things unrelated to driving, like your marital status and your job title.

After your peruse this interesting graphic, you’ll have a better idea about what exactly is affecting your insurance costs.

Click the infographic to view the full-sized version: