Insurance regulators in every state should analyze insurance prices by zip code and see how they match the racial and ethnic makeup of communities. The final insurance policy premium for any policy is determined by the insurance company upon application. The analysis of 1,648 zip codes shows that there are more than 50 cities where the less white your zip code is, the more you'll pay for car insurance. Policygenius has analyzed the auto insurance rates provided by Quadrant Information Services for each zip code in all 50 states, in addition to Washington, D.
The state of Washington recently amended the rules that prohibit insurance companies from using credit ratings as a factor when setting car insurance rates, meaning that drivers won't pay more for insurance because they have bad credit. The frequency of car thefts and accidents, the available parking, and even the average repair costs in your neighborhood can affect what you'll pay for car insurance. Washington recently amended laws on insurance rates based on credit rating, meaning that drivers with bad credit won't pay more for car insurance. The best way to find affordable car insurance is to compare prices and compare rates before buying a policy.