Why Does My Car Insurance Cost So Much? 
There are various factors that are included when an insurance company files pricing with a state 's Insurance Department . The obvious factors have to do with a driver 's record of accidents and infractions . Many companies have also determined that one 's credit standing can be a measurable factor when calculating the rate one would pay for car insurance . The car itself has a great deal to do with a policy 's pricing with regard to both Comprehensive and Collision , but Liability as well . Think of the kind of damage that can be caused by a large sized SUV vs a sub compact car . Finally , the coverage chosen directly affects the amount you pay . If two people live next to each other , own the very same make and model car , have a clean record and are insured by the same company , neighbor A is paying less because he is only carrying the state minimum requirement for liability coverage , while neighbor B is paying more because he has chosen the more complete protection offered by higher liabillity coverage limits . These are just a few examples of factors that affect the price you pay . 