Depending on the web browser you use, you could be paying more or less for your coverage.
While a web browser may appear to have very little to do with auto insurance rates, a recent study has shown that the choice consumers make regarding the browser that they use can often determine how much they will pay for the same amount of coverage.
A recent analysis comparing rates obtained and browser revealed some striking patterns.
The study was conducted in honor of National Insurance Day, which fell on June 28, and was performed by CoverHound. The study looked into the way that auto insurance rates that were discovered and accepted by drivers using the internet to compare policies differed depending on the browsers that they used.
On average, the auto insurance rate for Firefox users for half a year of coverage was $608.
Users of that browser paid considerably less than Chrome users, whose average auto insurance rate for half a year was $731. Both Safari and Internet Explorer users had the same average rate for their coverage for six months, which was $750.
The difference was explained in the report about the browser impact on auto insurance rates. The analysts reported that it was not the browser itself that made the difference, but that the demographics of the browser users were different from one another. Firefox users have a tendency to be married, are homeowners, are in their mid-thirties, and are better educated. Each of these factors can help to play a role in obtaining better rates, depending on the company and the state in which the driver lives.
The average Firefox user’s age – according to the survey – was 35 years. This places them between the Internet Explorer user average age of 38, and the average age of Chrome and Safari users had an average age of 32 years.
The users of Firefox were also those who were more likely to have Graduate or Doctoral Degrees – as was the case in 12 percent of its users. Internet Explorer was the least likely to have users with that level of education, at only 4 percent. Education level is commonly factored into the calculation of premiums for auto insurance.