1. Driving Record
The greatest influence in your coverage rate is your driving record, since insurers view motorists’ past actions as an indication of future driving habits. If you’ve been involved in multiple accidents or collected many traffic citations, your rate will be higher than someone with a clean record.
Those who live in urban areas typically pay more for auto insurance than drivers in rural communities since higher population densities raise the risk of theft, vandalism, and accidents. Insurers will also consider your specific neighborhood and its crime rate when giving your rate.
3. Type of Vehicle
auto insuranceVehicles that score high on safety and come with features such as airbags, shatter-resistant glass, and anti-lock brakes usually cost less to insure. In contrast, cars that can reach high speeds, are at a greater risk of theft, or are expensive to repair, such as imports and sports cars, increase your premium significantly.
4. Credit Score
Many insurance companies use credit scores to predict how likely a driver is to file a claim. Providers also tend to believe that those with better credit will be more responsible behind the wheel, which will decrease their coverage costs.
If you’re looking for more cost-effective auto insurance coverage, contact ABC Insurance Services, An independent agency for 15 years, who represent over 12 reputable insurance carriers and can help you take care of all your insurance needs, from home, auto, and business insurance. Learn more about ABC Insurance Services at www.abc-insurance.org or call 706-277-1707.