What are five factors that insurance companies use to determine insurance rates? Select one:

Question

Question: What are five factors that insurance companies use to determine insurance rates? Select one:

Options:

1.  marital status, age, driving record, type of car and claims history
2.  car's primary use, your credit score, color of car, where you live and driving record
3.  type of car, marital status, size of engine, color of car and driving record
4.  all of the above

Answer 1

1. Marital status, age, driving record, type of car and claims history

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Five factors that insurance companies use to determine insurance rates are:

• Marital status
• Age
• Driving record
• Type of car, and
• Claims history