I'm glad you put up the notice about California rates only. I'm in NYC and saw that I was paying nearly double what I should be paying within the same insurer.
My question... Is it possible to vary that much between the different states?
My question... Is it possible to vary that much between the different states?
Because insurance is regulated on a state-by-state level, each insurer will submit different models to different states. For example, in California doesn't include credit score and New York does - this alone could change your rates by 60%.
However, while the final prices may not be the same, the magnitude changes that happen to your prices as you make different selections (ie changing your vehicle or get a speeding ticket) will be largely similar across states.
Anyways congrats! It's really interesting stuff. I have very similar issues to Leaky on my personal finance/banking startup. Really like the way you incorporated the ratings at the end.
However, there's almost always a statistical analysis for the decisions that they make and it may have nothing to do with driving record. It might be that one profession stays with the insurer longer or is a more profitable customer by allowing the insurer to insurer multiple-lines for them (house, life, etc.).