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
policy discounts for drivers
have not had any accidents or tickets for a specific number
- 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
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
- 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.
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.
- 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
as a new
and when they do find coverage, it may be expensive.
- 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.