Auto Insurance Glossary

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Number of insured vehicles
Vehicle make
Vehicle model
Vehicle year

Number of insured vehicles
If you insure more than one vehicle with us, you could get a discount on the premium for these vehicles.

Vehicle make
We use information like the make of your vehicle to figure out your premium. We look at details of other claims submitted for that make: like repair costs, rate of injury, and the chances that your car will be stolen. We also consider the Manufacturer's Suggested Retail Price when putting together your premium.

Vehicle model
We use information like the model of your vehicle to figure out your premium. We look at details of other claims submitted for that model: like repair costs, rate of injury, and the chances that your car will be stolen. We consider the Manufacturer's Suggested Retail Price when we put together your premium.

Vehicle year
We need to know the year of your vehicle, so we can consider things like repair costs, rate of injury, and the chances that your car will be stolen. Generally, newer vehicles are more attractive to thieves. So you'll end up paying a higher premium than if you insured an older model of the same vehicle.


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