The Cost of Auto Insurance: How Consumer Choices and Characteristics Affect the Premiums People Pay

Monday, December 1, 1980
Research for this study was based on an examination of 3.8 million auto insurance policies insuring nearly 5.8 million vehicles. The study shows how average premiums vary according to such factors as the number of cars insured, the age and value of the car, urban vs. rural locations, age and sex of principal drivers and prior accident records.

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