Auto Insurance Pricing Is it about How You Drive or Who You Are?

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Presentation transcript:

Auto Insurance Pricing Is it about How You Drive or Who You Are?

Meet Our Driver: Woman in her 30s Licensed since she was 16 2003 Ford Focus, which is owned 16 mile daily round trip commute Buys a basic limits, liability only policy Perfect driving record – no tickets or accidents REMEMBER: THESE FACTORS ARE THE SAME FOR EVERY QUOTE NOTE: Not Single… Here we will look at quotes from Progressive.

$586 Married Executive with MBA who lives in Homeland Neighborhood, is Currently Insured and Pays In Full

$665 Married Executive with MBA HS Degree who lives in Homeland Neighborhood, is Currently Insured and Pays In Full

$724 Married Executive Janitor with MBA HS Degree who lives in Homeland Neighborhood, is Currently Insured and Pays In Full

$939 Widowed Married Executive Janitor with MBA HS Degree who lives in Homeland Neighborhood, is Currently Insured and Pays In Full

$999 Widowed Married Executive Janitor with MBA HS Degree who lives in Homeland Neighborhood, is Currently Insured and Pays In Full Installments

$1649 Widowed Married Executive Janitor with MBA HS Degree who moves 3 miles to Lower Park Heights Homeland Neighborhood, is Currently Insured and Pays In Full Installments

$2513 Widowed Married Executive Janitor with MBA HS Degree who moves 3 miles to Lower Park Heights Homeland Neighborhood, Stopped Driving & Discontinued Coverage for 6 Months is Currently Insured and Pays In Full Installments

$586 Widowed Married Executive Janitor with MBA HS Degree who lives in Lower Park Heights Homeland Neighborhood, Stopped Driving & Discontinued Coverage for 6 Months is Currently Insured and Pays In Full Installments

329% More Despite Same Good Driving Record

58% Less Despite Bad Driving Record