Nearly half (43%) of all Americans incorrectly believe their income impacts how much they pay for car insurance, a new insuranceQuotes.com report reveals.
According to two surveys conducted for insuranceQuotes.com by Princeton Survey Research Assocs. International, many Americans are confused about which factors insurers take into account when setting premiums for a driver. Factors such as gender, residence ZIP code and income are some of the factors that consumers question when it comes to auto insurance rates.
To address the concerns of consumer, insuranceQuotes.com released a detailed report that indicates which factors come into play when car insurance companies determine level of risk.
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