CAR INSURANCE QUOTES UTAH

AUSTIN, Texas, Aug. 2, 2016 /PRNewswire/ -- The Zebra, the nation's most comprehensive car insurance comparison marketplace, today distributed the findings of its first annual State of Auto Insurance Study, which provides an unbiased look at the key rating factors and drivers of change throughout the auto insurance industry, notably the who, what, where and how of driving.

Using pricing data from the past five year

• itoring driving with telematics doesn't benefit the drivers. Telematics devices, which drivers plug into their vehicles to record how (and how much) they drive and presumably help insurers better predict risk, only yield users an average of $9 (less than 1%) in annual savings.

What Actually Is Impacting Car Insurance Rates?

• Who you are:
  • Men, unmarried people, renters, and those with low education and low credit scores pay more for car insurance, respectively, than women, married people, homeowners, and those with higher education and higher credit scores.
  • Teens pay more than double for car insurance than any other age group, with 16-year-olds paying nearly $6,500 annually.
• Men, unmarried people, renters, and those with low education and low credit scores pay more for car insurance, respectively, than women, married people, homeowners, and those with higher education and higher credit scores.
• Teens pay more than double for car insu

s, The Zebra explored millions of car insurance premiums as impacted by common variables such as state, age, gender, financial behaviors, and vehicles. Car insurance premiums are up nearly 11 percent over five years ago, and up 3.3 percent over 2015, though with significant volatility nationwide.

"For many of the 250 million American drivers, car insurance rates are going up, and unsurprisingly, people want to know why," said Joshua Dziabiak, COO, The Zebra. "The modern car is loaded with new technology, from 360-degree cameras to self-driving features. Many people might assume these innovations should be improving safety and therefore decreasing the cost of insurance. However, there are thousands of complex rating factors, personal attributes, and driver behaviors used to determine the price that you pay for insurance. Our research breaks down all those factors to help consumers make informed decisions regarding both their driving behaviors and their car insurance."

Tech Not a Risk Factor, According to Car Insurance Companies

• A DUI raises car insurance rates 3,200% higher than texting while driving does.Cell phone use and texting while driving have the least impact on auto insurance premiums nationwide, raising rates only 2 percent. In contrast, driving under the influence raises rates over $1,000.
• New vehicle safety technology won't save drivers—money, that is. Despite plentiful new in-car safety technology, only electronic stability control (ESC) shows any reduction on average national rat