Postcodes And Insurance

Why does my postcode matter when it comes to car insurance quotes? Insurers use postcodes to work out the risk to your car. The first part of the postcode shows which city you live in, and which suburb you live in. The second part indicates where exactly within that area your house is. Premiums are affected by this as there may be certain postcodes that are reported as having higher crime rates, and as such pose a higher risk to your vehicle.
31/03/2011 16:00:20 Jo