The price an insurance company charges for coverage, based on the frequency and cost of potential accidents, theft, and other losses. Prices vary from company to company, as with any product or service. Premiums also vary, depending on the amount and type of coverage purchased; the make and model of the car; and the insured’s driving record, years of driving, and the number of miles the car is driven per year. Other factors taken into account include the driver’s age and gender, where the car is most likely to be driven, and the times of day it will be driven (for example, rush hour in an urban neighborhood, leisure time driving in rural areas, etc.). Some insurance companies may also use information related to an individual’s credit history.