There are so many things that might affect a premium calculation. Not all of them are fair for everybody, but that is just the way it is. As we all know, insurance is a business, and every business has to make revenue, that is why there are certain rules they made in order to keep them from having revenue while in the other hand they still have to give sufficient service and coverage for their clients.
So it is normal if an insurance company sets high premium for high risk costumers, only sometimes we are not quite sure what kind of costumer considered to be a high risk costumer to insured.
Auto insurance is one of the most popular kinds of insurance, and almost every vehicle owner has it. Even in some countries, driving a vehicle without insurance is against the law. Every year, insurance companies have to pay millions of dollars for auto insurance claims, as the risk level of the insurance object which is vehicles are quite high.
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