Auto insurance rates can vary dramatically.

Some factors that influence your auto insurance rates includes:

  • Your driving record will impact your Auto Insurance Policy premium rate.
  • If you've been in an accident in which you were at-fault, you may be paying more for your insurance.
  • Also depending on your state of insurance, traffic violations will affect the auto insurance rates you receive.
  • Many companies offer auto insurance policy discounts for drivers who have not had any accidents or tickets for a specific number of years.

  • Your family members will ultimately determine your auto insurance policy rate.
  • Other licensed drivers in your household and on your policy also affects your auto insurance rates.
  • A teenage driver or a spouse with a poor driving record is likely to increase your auto insurance rates.

  • The car you drive will also impact the auto insurance policy rate you will receive.
  • Certain car or truck models may be considered more risky because they cost a lot to repair, are frequently involved in accidents or are popular with car thieves.
  • Owning one of these cars may double your collision and comprehensive auto insurance policy premiums.
  • High-performance cars and sports cars also usually cost more to insure.
  • Before buying a new or used car, check with your auto insurance company for estimated coverage costs.
  • Depending on the safety features on the car, you could get cheaper auto insurance rates.
  • Air bags, anti-lock brakes, car alarms, and daytime running lights could qualify for auto insurance policy discounts.
  • Also, cars with high theft rates and repair cost will cost more to insure.

  • Marital status.
  • Statistically, married drivers have fewer accidents than young single drivers, so they generally pay lower premiums.
  • Where you live will often impact the auto insurance rates you will receive.
  • Rates are regulated on a state-by-state basis and also vary between locations within a state.
  • As an example, when you compare auto insurance rates in a rural location with the auto insurance rates in a city with high theft and accident occurances, the cost will be less for the auto insurance rates in rural location.

  • Age.
  • Statistically, drivers under age 25 have more accidents than older drivers.
  • Drivers between 50 and 65 years of age have low accident rates and are sometimes offered discounts in their auto insurance policy.
  • Past the age of 65, accidents seem to increase and rates generally begin to rise again.
  • People over 70 may have trouble finding an insurer to accept them as a new customer, and when they do find coverage, it may be expensive.

  • Gender.
  • A young man under age 25 generally pays more than a woman of the same age.
  • This is because young men are involved in more accidents than young women and have more than three times as many fatal accidents.