Final answer:
Harrison's higher insurance quote is likely due to him driving a high-risk vehicle. Insurance companies gauge risk through factors like vehicle type and performance, which can lead to increased premiums, particularly for high-risk or sports cars.
Step-by-step explanation:
Regarding the question about why Harrison received a higher automobile insurance quote than he anticipated, it's important to consider various factors that insurance companies use to determine rates. A clean driving record, living in a low-crime area, and a high credit score are typically advantageous and lead to lower premiums. However, if Harrison drives a high-risk vehicle, this can significantly increase his insurance costs.
Insurance providers assess the risk levels of vehicles based on factors such as the car's performance, theft rate, repair costs, and safety features. High-risk vehicles might include sports cars or models that are frequently stolen. Moreover, insurance companies have difficulty collecting information on how people actually drive, so they rely on indicators like the type of vehicle to judge risk.
It's also worth noting that younger drivers generally pay higher premiums due to their lack of experience compared to older drivers. Harrison should consider the vehicle's safety rating, his driving history, and choices around payment frequency of premiums to manage insurance expenses effectively.