Quote Originally Posted by darkhorizon View Post
(I work in auto insurance developing rating algorithms)

First off, coverage varies GREATLY state to state... The same insurance in NJ is about 5 times what it is in Michigan... Its crazy.

Secondly, many MANY MANNNNNNY factors go into insurance. My company will give you a 46% discount if you have a stellar credits score. Also one of the base location rates if you lived across the street from my company are 3-5times less than what you would pay if you lived 3 miles down the road.

The new auto algorithm I am building takes in account 38 input factors to generate an auto rate... and in the world of auto insurance my company is quite simple when it comes to inputs.
THANK YOU!

I didn't even mention discounts. I get discounts for being with State Farm for so many years. I got multi-car discount. Save driver discount. Multi-policy discount.