Remove Crime Remove Insurance Agents Remove Insurance Quotes
article thumbnail

Why and How Your Zip Code Affects What You’ll Pay for Car Insurance

Freeway Insurance

Insurance companies take into account things like traffic, crime, frequency of accidents and even the weather. So if you live in a city with a lot of traffic or in an area with more crime, your insurance may cost more than if you live in a quieter, safer place. But that’s only for starters.

Crime 52
article thumbnail

10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. The more risks your area poses, the more your insurance company will charge to protect you. Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage.

Premium 52
article thumbnail

Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

Well, your insurance premium is no different. If your neighborhood has experienced an increase in crime, a decline in property values, or even changes in local government policies, this could trigger a higher premium. Insurers constantly assess the risk factors associated with your area, and those risk factors don’t remain static.