This is post one of two in a series explaining the implications of living in a neighborhood where car insurance rates are unusually high.

Some people may not realize that one of the defining factors that help determine car insurance rates is where you live. While there are a number of factors that dictate how much you will pay for your premium, location is a big one. Car insurance companies usually take into consideration how many accidents occur in your neighborhood, the level of traffic as well as average number of car thefts that take place in the area you live when determining your rates. The bottom line, as you’ll see below, is that you’re more likely to have an accident when driving near home, and if your area reflects a ...