Age: if you are under the age of 25, expect to pay more just because that age bracket is at a higher risk due to lack of experience. Same goes for if you are pushing towards the elderly years as the risk for an accident increases as well due to slower reflexes, etc.
Gender: gender does play a role, don’t let that fool you. Depending on your location either a man or a woman could end up paying more just by the local statistics of accidents. If men in your area are more likely to get into an accident, a man is going to pay more for an insurance premium in that area. Not always the case, but just keep that in your thoughts.
Location: this is very important to pay attention to, because if you live in a area where there’s a lot of traffic and a lot of accidents on a daily basis – that right there is a indicator of a higher insurance premium. Especially if you use your vehicle for business, they’re going to take all the locations that you visit on your route into consideration. Theft is also location-based, if there’s a lot of vehicles being stolen or broken into in your area then you better believe you’re gonna be paying higher rate of insurance especially if you have full coverage and collision.
History of accidents: if your driver’s license says “safe driver” then you can use that to your advantage in getting an additional discount on your policy. If a person has had a lot of mishaps and accidents over their years of driving, of course they’re gonna pay a higher rate because that person is at higher risk.
Automobile type: there are all types of vehicles to consider when getting insurance. The standard four-door family car is probably the cheapest and the two door sports car or SUV is probably the most expensive. However there are other considerations that can get you a lower deductible like if your car has ABS brakes, and alarm system, etc. Sports cars and four-wheel-drive vehicles are more expensive to insure because they have the ability to perform on a higher level. Another thing to consider is if your model of vehicle has a high theft rate. This also goes by geo location. So make sure you check to see if the model of the vehicle you will be ensuring is considered a high theft in your area, you can do that by just doing a quick search on Google or Bing.
Work or leisure: whether you use your car for work or just for leisure also makes a difference. The reason for this is the number of miles you actually drive the car on a daily basis. The cheapest rates are for under 5 miles per day and it goes up from there. The point here is that the more your car is on the road the more risk there is for an accident by either you or someone else.
Credit rating: this is something new, a lot of insurance companies now are checking your credit rating which in my opinion does not seem fair. Your credit has nothing to do with the way you drive. But, some companies do check your credit rating even though they are not required to as they can have one more tick to use against you as added leverage. So put up a fight if they grumble about your poor credit score.
Military: if a person is active military they can expect to see at least a 10% discount on their overall policy. Some companies even give a discount if you are former military so make sure you mention that if this is the case. Even if someone in your household is currently in the military an insurance company may still provide a discount.
Safe driver: if you are a safe driver, meaning it says so on your drivers license, you can expect another 10% or so discount on your overall car insurance policy. The safe driver shows up once you go to renew your driver’s license and they have found that you have been in no accidents or had any tickets to speak of in the previous years. Each state is different on how they judge that, but make sure you mention you have “safe driver” on your drivers license as that will get you additional discounts.
Gender: gender does play a role, don’t let that fool you. Depending on your location either a man or a woman could end up paying more just by the local statistics of accidents. If men in your area are more likely to get into an accident, a man is going to pay more for an insurance premium in that area. Not always the case, but just keep that in your thoughts.
Location: this is very important to pay attention to, because if you live in a area where there’s a lot of traffic and a lot of accidents on a daily basis – that right there is a indicator of a higher insurance premium. Especially if you use your vehicle for business, they’re going to take all the locations that you visit on your route into consideration. Theft is also location-based, if there’s a lot of vehicles being stolen or broken into in your area then you better believe you’re gonna be paying higher rate of insurance especially if you have full coverage and collision.
History of accidents: if your driver’s license says “safe driver” then you can use that to your advantage in getting an additional discount on your policy. If a person has had a lot of mishaps and accidents over their years of driving, of course they’re gonna pay a higher rate because that person is at higher risk.
Automobile type: there are all types of vehicles to consider when getting insurance. The standard four-door family car is probably the cheapest and the two door sports car or SUV is probably the most expensive. However there are other considerations that can get you a lower deductible like if your car has ABS brakes, and alarm system, etc. Sports cars and four-wheel-drive vehicles are more expensive to insure because they have the ability to perform on a higher level. Another thing to consider is if your model of vehicle has a high theft rate. This also goes by geo location. So make sure you check to see if the model of the vehicle you will be ensuring is considered a high theft in your area, you can do that by just doing a quick search on Google or Bing.
Work or leisure: whether you use your car for work or just for leisure also makes a difference. The reason for this is the number of miles you actually drive the car on a daily basis. The cheapest rates are for under 5 miles per day and it goes up from there. The point here is that the more your car is on the road the more risk there is for an accident by either you or someone else.
Credit rating: this is something new, a lot of insurance companies now are checking your credit rating which in my opinion does not seem fair. Your credit has nothing to do with the way you drive. But, some companies do check your credit rating even though they are not required to as they can have one more tick to use against you as added leverage. So put up a fight if they grumble about your poor credit score.
Military: if a person is active military they can expect to see at least a 10% discount on their overall policy. Some companies even give a discount if you are former military so make sure you mention that if this is the case. Even if someone in your household is currently in the military an insurance company may still provide a discount.
Safe driver: if you are a safe driver, meaning it says so on your drivers license, you can expect another 10% or so discount on your overall car insurance policy. The safe driver shows up once you go to renew your driver’s license and they have found that you have been in no accidents or had any tickets to speak of in the previous years. Each state is different on how they judge that, but make sure you mention you have “safe driver” on your drivers license as that will get you additional discounts.
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