Why Is My Car Insurance So Much? 
Auto insurance is a shared risk . That means that thousands of other people are working together to provide protection for everyone in the group . The annual cost for each member of the group is the premium . The premium reflects the anticipated expenses of the group for a year . It really is as simple as that . Insurance companies have learned how to adjust the costs when the risk for one member is greater than another . However , this is still a matter of statistics and is not a personal evaluation of the car or driver . 