If you’ve ever wondered how does a car insurance company come up with your price for car insurance, you’re not alone. Most insurance companies make this a very opaque calculation and impossible, even for experts, to explain.
At Loop we are shedding light on the data that is hidden. We are transparent about what factors we consider and how each might affect your price. We put control back in the hands of drivers, and base much of our rates based on how and where you drive, rather than your credit score, like most other insurers.