Although not all insurance carriers are the same there is one thing that all of them have in common – our driving history will always factor into our given car insurance rates. In other words, when determining a driver’s car insurance rate, all insurance carriers review a driver’s past and present on-road behavior. Behaviors such as speeding, collision history, and parking violation tickets will always be considered.
However, what is lesser known is that some of these insurance carriers also consider the highest level of education achieved into their given rate. In fact, Consumer Reports found that some of the largest insurance carriers in the industry – Progressive, Geico, and Liberty Mutual all assess a driver’s highest level of education achieved, when calculating their car insurance rates. That’s right – when it comes to some insurance carriers, details of a driver’s education factor into their car insurance rate.
In other words, according to Forbes, drivers who have achieved a higher level of education have a lower rate than those who haven’t. With that in mind, some of you may now be wondering, ‘am I paying too much for car insurance?’ and chances are, you might be. If one of these carriers happen to be your current provider, and you’re concerned your level of education may be working against you with your car insurance rate, it may be time to begin exploring your options.
The good news is – SafeAuto does NOT use your educational background when determining your rate! We believe in making insurance equitable for everyone.
Choosing the right insurance carrier that has the right insurance price for you can be a daunting process. However, given that some insurance carriers use personal factors about you when determining your rate, it’s important to do your homework before selecting a carrier.
SafeAuto focuses on providing affordable car insurance to everyone. That’s why when you pick SafeAuto, you have the flexibility to make car insurance work for you. We believe in providing full coverage at an affordable rate to protect you and your loved ones, without breaking the bank. We hope you and your loved ones are playing it safe while enjoying the road ahead!