Different factors affect your car insurance premium this is based on the risk for a certain population. Therefore you will pay higher premium if a person is associated with the higher risk. If you know what factors affect your car insurance, you will get a better chance of getting cheap motor insurance.
Age-teenagers gets into an accident more frequently according to statistics than drivers above the age of 25
Gender-statistically, female drivers are more responsible on the road than its male counterpart
Geography-Your geographical location makes a difference when it comes to motor insurance rate. People living in areas with little or no traffic are likely to get cheap motor insurance than those living in congested cities since location with a lot of traffic are prone to have more accidents. Some areas also have a higher auto insurance rate of car thefts, which can result in a higher auto insurance premium.
Type of Vehicle-You will get expensive car insurance for sport car
Driving Violation-If you have multiple moving violations on your MVR (speeding tickets, DWI, reckless driving, etc.), expect that your car insurance premium will not be cheap
Driving Experience
Mileage
Safety Device features- this can save you on your motor insurance rate
What I recommend though is for you to shop around and compare vehicle insurance quotes from many car insurance companies. A lot of auto insurance websites now place all the top auto insurance providers on one website so it would be easier for consumers to compare car insurance quotes and get the best deal. Automobile insurance companies base their car insurance on their auto insurance claims experiences. One insurance provider may see your geographical location as a higher risk while some carrier may not. Some insurance carrier may charge more due to your work, other company may not. That is why it is best to shop around and review which auto insurance carrier best suits your needs.
Age-teenagers gets into an accident more frequently according to statistics than drivers above the age of 25
Gender-statistically, female drivers are more responsible on the road than its male counterpart
Geography-Your geographical location makes a difference when it comes to motor insurance rate. People living in areas with little or no traffic are likely to get cheap motor insurance than those living in congested cities since location with a lot of traffic are prone to have more accidents. Some areas also have a higher auto insurance rate of car thefts, which can result in a higher auto insurance premium.
Type of Vehicle-You will get expensive car insurance for sport car
Driving Violation-If you have multiple moving violations on your MVR (speeding tickets, DWI, reckless driving, etc.), expect that your car insurance premium will not be cheap
Driving Experience
Mileage
Safety Device features- this can save you on your motor insurance rate
What I recommend though is for you to shop around and compare vehicle insurance quotes from many car insurance companies. A lot of auto insurance websites now place all the top auto insurance providers on one website so it would be easier for consumers to compare car insurance quotes and get the best deal. Automobile insurance companies base their car insurance on their auto insurance claims experiences. One insurance provider may see your geographical location as a higher risk while some carrier may not. Some insurance carrier may charge more due to your work, other company may not. That is why it is best to shop around and review which auto insurance carrier best suits your needs.
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