Helpful agents are standing by: (888) 973-0178
Press play below to listen to our audio commercial:

Factors That Affects Premiums Of Car Insurance Quotes

Nowadays, it is no more difficult to get your vehicle endowed with an effective and affordable car insurance policy which can provide ample coverage. But, that does not mean that you can simply buy just any policy from the options available in the market. It definitely requires a great deal of patience and well refined research to figure out the most effective yet an affordable car insurance policy. Though there plenty of ways to reduce the cost of policies, but the most trusted and effective way is by reducing your premiums.

Almost everyone knows something about insurance policy premiums; but, not many people understand the fact that the premium rate can greatly affect the overall cost of a policy. Therefore, before asking for car insurance quotes, it is very crucial to know about the factors that affect premiums of your car insurance policy. Below are some of them:


1. Age: According to the facts and figures, it has been seen that younger people are more vulnerable to road accidents in comparison to older people. So, a young driver will certainly have to pay more premiums than those at their 50’s.

2. Gender: Again, as per the statistical figures, women are believed to be safe drivers. For this reason, men usually make more claims than women.

3. Driving Record: Without any doubt, a driver with clean or good driving history or record is offered discounts in car insurance quotes with lesser premiums. Therefore, if you want to make some savings in the future by bringing down your premium rate, then it is highly important to drive carefully and abide by the traffic rules.

4. Driver/Owner Geography: The region or state where you live certainly determines the premium rates for your car insurance policy. People living in high traffic areas usually pay more premiums than those who live in remote areas with less traffic. Along with, premium rates can become higher in high-risk locations where vehicle thefts are quite common. Car insurance companies use your ZIP code to figure out the premium rates.

5. Car Type: It is quite simple to understand why insurance companies charge higher premiums on expensive and luxury vehicles. So, if you too own an expensive vehicle, be ready to confront high premium rates. In simple words, your car type also determines the premium rate.

6. Credit Rating: Drivers with good credit rating are offered some discount on car insurance premiums. The explanation behind this system is that people with good credit history always pay their premiums and bills on time. For this reason, you must always try to maintain a good credit score.

7. Car Parking: The place where you usually park you vehicle also affects the premium rates. If you have equipped you car with ant-theft devices, it will certainly make you eligible for some discounts.

So, these were some of the factors that affect car insurance quotes. To find out more in this regard, you can enter your ZIP code in the box. It’s completely Free!