5 Surprising Factors That Are Raising Your Auto Insurance Premiums

If your car winds up wrapped around a pole, sporting a four-legged hood ornament, or is the subject of a statewide police chase, your auto insurance rates are going to go up. Currently, 31 states allow auto insurers to engage in price optimization, a practice that involves using non-risk-related factors to determine auto insurance premiums. It usually refers to insurance companies evaluating how likely you are to switch insurers for a better deal and charging you more if they think you're unlikely to leave.