If you own a vehicle, not only is having auto insurance a good idea, but it’s also a legal requirement. If you feel like you’re paying too much for auto insurance, familiarizing yourself with the factors that impact what you pay can help you cut back on costs. The different factors that affect your auto insurance premiums include:
• What you drive—Your premiums may be higher if you drive a vehicle that is more susceptible to passenger injury, theft, or damage.
• How far and how often you drive—If you use your car to commute long distances on a daily basis, you will pay more for car insurance than someone who just uses their vehicle to run quick errands throughout the week.
• Where you drive—If you live in an urban area, you may pay more for auto insurance because accident and vandalism rates are higher in these places. In comparison, you’ll probably pay less if you live in a rural area.
• Your driving record—While this probably goes without saying, your driving record plays a huge role in what you pay for auto insurance.
• Your age, marital status, and gender—While it may not seem fair, you’ll probably pay more for car insurance if you’re a male, unmarried, and/or are under the age of 25.
If you’re on the hunt for a better car insurance rate, let us help. Not only will we make sure you fully understand the terms of your policy, but we’ll also ensure you get the best rate possible based on these impacting factors.