Reveals How Education Affects Car Insurance Premium

Share Article is an all-in-one stop for car insurance. Through recent studies, the company reveals how the education of an individual affects the cost on car insurance.

In addition to providing a platform to compare quotes, we aim to help consumers maximize their savings by providing as much information as possible., part of the Insurance Quotes USA Finance network, is an all-in-one stop for news, money-saving tips, and quotes on car insurance. Through recent studies and research, the company reveals how the education level of an individual impacts the cost on car insurance premium. Research indicates drivers will receive more savings for higher level of education, despite having the same age, sex, vehicle, and driving experience. "There are many factors affecting the cost on car insurance," said Eric, Senior Advisor of "We hope by conducting such research and releasing the results will help consumers understand how a car insurance premium is calculated and the different factors affecting it so they know what to expect and the preparation they need to take down the road."

The company has obtained more than 200 quotes from more than 50 insurance providers on individuals with the only difference in education.

For a 30 year old man, married with 10 years of driving experience living in New York, quotes for a Honda CR-V 2012 returned the following average results for different education levels:

  • Without a High-School Diploma: $2,683.17
  • With a High-School Diploma: $2,424.72
  • With a College Degree: $2,314.55
  • With a University Degree: $2,253.92
  • With a Master Degree: $2,201.28
  • With a Doctor Degree: $2,173.83

Studies reveal the level of education does have an impact on car insurance premium. "Our results indicated 19% difference between an individual with a doctor degree and an individual without a high-school diploma," said Eric. "Education pays off in many different ways, even in car insurance rates."

"Although the education factor has a significant impact to car insurance premium, there are several things consumers can do to save more on car insurance, such as taking a defensive driving course for additional 10% discount," Eric added. offers a fast, secure, and easy to use platform which allows consumers to compare quotes from multiple companies at the same time. "Consumers can compare and save more than $800 on car insurance with us," Eric continued. "We had one individual who managed to save over $828 on a new policy with similar coverage."

About the Insurance Quotes USA Network

The Insurance Quotes USA (IQUSA) network currently has 4 web properties within the network -,,, and Each website serves a unique purpose for consumers in the United States. With the company's I.Q.U.S.A. service model - Instant insurance quotes, Quotes from multiple companies, Unbeatable coverage types, Smooth user experience, and Affordable policy rates - the company aims to build a strong online presence in the insurance industry through new domain acquisitions and development. In addition to car insurance, the IQUSA network also provides home, health, life, business, and travel insurance quotes.

How does work? When a zip code is entered, the system automatically determines the location of the zip code, connects with insurance providers in the specific area, and then displays quotes from multiple companies on the screen. The entire process completes in a matter of seconds. Compare and save money on affordable insurance plans today.

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Eric Macaluso
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