American drivers are bewildered as to why affordable car insurance is so hard to find. All you want is the minimum legal coverage and you end up paying an arm and a leg! There are several reasons why you might be faced with astronomical premiums. Knowing how your rate is calculated can help you understand your situation and how to deal with it. More information is always a good thing!
Reasons for High Car Insurance Premiums
High risk drivers face the highest premiums. Insurance companies do not want to pay out. If you pose the risk they might actually have to pay a claim, you are high risk! Many factors put you in the high risk category. Age