Home ownership is often used as a factor in determining the risk when setting auto insurance premiums. Although the two are not directly connected to each other, there is the assumption that the property is a higher level of responsible action (assuming you pay your mortgage on time) so you pose less risk other efforts - including your driving habits.

Insurance.com investigated to see if the apartment owners actually correlated with safer driving, as measured by the total number of applications. From 2012 to mid-2014, online questionnaires were collected and analyzed 700,000 respondents by age group, country of origin and the status of the property.

The results show, do some correlation between ownership and fewer claims are filed, although the reasons are controversial. The survey did not attempt to address the underlying cause of these results, it is noteworthy that the driver's age seems to play a unique role. Maybe the investigation straightens generally remains risky behavior among youth.

With smooth effect of age

If age is taken into account, is the gap between renters, owners, and those who are more at home with their parents in the 18 to 24-year driver. Those who lived with their parents filed claims car insurance at a rate of 24.4 percent, against 19.7 percent of those employed and 17.6 percent of these houses belong. This seems logical, since there should be far fewer owners about this young age, and those with homes that were probably early in life to be able to show very good behavior, they can afford to do.

The effect is similar over time, but the order remains until retirement. For example, in the group of 45 to 54 years of age, the number of claims filers were 15.2 percent live with their parents, 14.1 percent for renters and 13.4 percent for homes rich. For children from 65 to 99 identical figures for tenants and owners to 14 per cent. Only 11 percent of respondents aged 65-99 and living with their parents has applied for car insurance - but how many of 700,000 respondents could fall into that category?

In general, tenants have filed several claims that the owners and the five highest differences were in various states (Nebraska, Oregon, Maryland, South Carolina, and Utah). Four states (Indiana, Oklahoma, Michigan and Louisiana) found that the owners have filed claims more car as a tenant.

Under Correlation

Insurance.com the editor, Des Toups suggests that income and the owner's stability may play a role, but he adds. "We can not look at this data and claim to be true," It would be interesting to see the correlation with the property and receiving rental income managers - in other words, the eradication of respondents with more missed payments, foreclosures or Other red flags in the history of housing - but that was not the focus of this particular study.

Given some evidence of correlation elements, insurance companies are not likely to change their belief in homeownership and risk assessment conducted in the foreseeable future - even if they make minor adjustments the basis of localized data.

This could also be a false correlation than enough good intuitive sense that no one questioned it did, but it could be like the infamous correlation between the number of people who drown each year in swimming pools and falling numbers Nicolas Cage movie that appears in the same year.

Buyers do not always behave responsibly in other areas of life ... and Nicolas Cage is not that bad of an actor.