Reader’s Question:

What are some important factors that may affect my car insurance rates in Des Moines, Iowa?

Gerald

Des Moines, IA

According to the Iowa Insurance Division (IID) that factors such as the type of automobile you operate, who the primary driver of the car is and where the automobile is kept can influence your car insurance rates. The main factor though is your driving history.

Additionally, according to the IA insurance commissioner, insurance providers may look at your credit history when you apply for new car or homeowners insurance, or if your current policy is up for renewal. Insurance providers enter information from your credit history and your car insurance application into a credit-scoring computer model to calculate a specific insurance credit score.

Plus, to using credit information, insurance carriers will use other, more traditional rating factors to determine the premium you pay for your car insurance policy. For car insurance some of these traditional rating include: driving record, where you live, type of car you own, as I mentioned earlier.