Cheap Car Insurance Quote

Car insurance premiums are not the same for everyone. How much a car insurance company will charge you for insurance depends on a number of factors. Some of these you have control over, such as what type of car you buy. Other factors you have no control over, or very little control over, such as where you live. All of these factors together determine how much your premium is. So, if you want to lower your premiums, you need to understand what these factors are. Let’s look at the most important ones in a little more detail.

• Age: Statistically drivers under 25 are at greater risk for an accident, while those between 50 and 65 are the safest.
• Gender: Women are statistically safer drivers than men.
• Marital status: Married people are safer drivers than unmarried.
• Where you live: Do you live in a congested urban area with lots of crime or a rural area with virtually no crime?
• Driving record.
• Type and cost of the vehicle you’re insuring. Expensive cars are more expensive to insure.
• Your credit score. Insurers believe that people with no credit score or lower credit scores are more likely to have accidents.
• Your occupation. Certain occupations get higher rates.
• Your level of educational attainment. The more school you complete, the lower your rates will be.
• Distance you commute to work.
• Total miles you drive each year.
• Years of driving experience.
• Business use of your vehicle.
• Whether or not you currently have auto insurance and how high your limits are.
• Theft protection devices in the car.
• Anti-lock brakes.
• If you have multiple cars insured, of if your house is insured by the same company.

You can complete control over some of these things, like what type of car you drive, if you have a burglar alarm, etc. You have some control over some of these things, like proximity to work and your driving record. And, you have absolutely no control over things like your age.

So, it might be that if you’re a 24-year old living in Manhattan who owns a Porsche and you’ve had two speeding tickets over the course of the last year, your insurance is going to be substantially more than a 57-year old retired farmer living in the middle of rural Kansas.

You can, however, use this information to lower your insurance costs by doing things like buying a cheaper car, or by buying a car that’s less expensive to repair. You can save yourself a fair amount of money just by knowing these factors and paying attention to them.

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