Factors Your Should Know That Affect Your Car Insurance Premium


Many factors affect the premium you will pay for auto insurance. Each is a
statistically based risk for a specific population. The higher the risk
associated with a person, the more he or she is likely to pay for coverage.
We have elaborated on some of the risk factors below, but there are numerous
others, including driver's gender, miles driven per year, purpose for using
the vehicle (commuting to work, using for work, leisure only), etc.

Factors you CANNOT easily change that affect your car insurance rates:

Age
Statistically, drivers under the age of 25 are at greater risk of being in
an accident than those over age 25. Drivers between the ages of 50 and 65
generally have the safest records.

Gender
Women are statistically safer drivers.

Marital Status
A married person will pay less than a single person with an identical
driving record.

Factors you CAN change that affect your car insurance rates

Geography
Where you live makes a difference. Folks living in areas with little or no
traffic are likely to spend less on insurance than those living in congested
cities or suburbs because areas with a lot of traffic tend to see more
accidents. Some neighborhoods also have a higher rate of vehicle thefts,
which can result in a higher premium.

Driving Violations
Having an accident or moving violations on your record (speeding tickets,
DWI, reckless driving, etc.) put you at a higher risk for accidents and will
likely mean a higher premium. Some insurance companies will penalize you for
your record for as many as five years from when the incident occurred.
However, keep in mind, as your record improves, your premium will get lower.

Vehicle Type
El cheapo car will cost less to insure than that status symbol SUV sitting
on 24" rims baby.

Accident Claims
A driving record that is clean and free of accidents will hold fare better
for you than lots of tickets and/or accidents.

Credit Rating
Many insurance companies view having a poor, or even no credit history as
suggestive of higher risk and thus, charge you a higher premium.

Occupation
Insurers have statistically found a correlation between your occupation and
risk. For instance, a newspaper delivery person is most likely a higher risk
than the personal banker sitting at their desk all day.

Other factors that help determine premiums:
.. Driving distance to work
.. Miles driven each year
.. Years of driving experience
.. Business use of the vehicle
.. Whether or not you currently have auto insurance
.. Theft protection devices (often results in discounts)
.. Multiple cars and drivers (another opportunity for discounts)

What can I do right now to make sure I have the lowest premium?
Shop around and compare quotes from different insurers. They base their
premiums on their claims experiences, which naturally differ. One company
may see your area as a higher risk than others may. Another may charge more
because of your occupation. Shopping at http://www.insurance-quote-free.com
makes it easier because you can quickly see multiple companies and their
rates for your particular situation.

Where do I go for quotes?

One stop can take care of it all. Go to www.insurance-quote-free.com where
you can receive multiple quotes, pick the best price, and then purchase. Get
covered immediately on-line or over the phone. It REALLY is the easiest way
to purchase car insurance.

Visit http://www.insurance-quote-free.com for your low premium quote.

Consumers can receive quotes from many insurance companies, in some states
you are able to purchase your insurance instantly, online. You don't have to
drive your car to buy car insurance. Buy online anytime!