“Insurers have long observed that, on average, drivers who own their homes file fewer [auto] insurance claims than renters. And, in fact, many companies take homeownership into account when calculating a customer’s premiums, says Des Toups, managing editor of Insurance.com.
To determine whether homeowners or renters are most likely to file a claim, Insurance.com analyzed data from more than 700,000 drivers who completed an online questionnaire between Jan. 1, 2012, and July 14, 2014. The company then broke out the numbers both by state and by age group. Data weren’t available for Alaska, District of Columbia, Delaware, Hawaii, Louisiana, North Dakota, Rhode Island, South Dakota, Vermont, West Virginia and Wyoming.”
Who knew that simply owning a home would have such an impact on your driving skills and stamina? But don’t take it from me. Here’s Adam Bonislawki’s article, updating you with the latest statistics.