Most Recent Auto Insurance Guide in Factors That Affect Insurance Rates

• Virginia – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Car insurance can take a bite out of the budget today, so it pays to know the factors involved in determining current premiums. While many factors may be unchangeable, others might be more flexible. By knowing the various factors that go into determining rates for an individual, drivers are better equipped to shop around for the best premiums on the specific coverage they need. We’ve got five factors to consider when pricing your next auto insurance policy.

  Age and Gender

  Who you are makes a big difference in the kind of auto insurance rates you will pay. Men tend to pay more than women, since statistics show they are more likely to be involved in an accident or receive a moving violation. Age also plays a part in rates, with drivers under the age of 25 and over the age of 65 paying more than the rest of the population … Click here to read more

• Utah – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  When it comes to determining your car insurance rates, you may be surprised to learn what factors the insurance companies use to rate your premiums. Many are just common sense, but others are things you may never have even thought of. Check with your insurance carrier in Utah regarding the following factors to see what factors your company uses in pricing your premiums.

  Your driving record is probably the most significant factor in determining your insurance rates. The first question that your insurance agent is going to ask you is have you had any accidents or tickets in the past three years. Usually accidents and traffic violations will stay on your driving record for up to three years.

  An insurance company will look at your driving history to see how many  accidents you have been involved in, the number of claims you have submitted, no matter how big or small, … Click here to read more

• South Carolina – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  You may not be aware of the many factors that car insurance companies take into account when figuring out the rates they charge their customers. There are some things that you really have little to no control over, but there are some things that are factored in when determining your car insurance rates that just might surprise you.

  The first thing that is taken into account is your driving record. Have you been the cause or a victim of one or more accidents? Do you have a number of moving violations against you? Have you submitted too many claims to your current insurance company? If you can answer yes to any of these questions then you are going to pay more for your insurance because of your actions on the road.

  Your age and where you live play another big part in your insurance rates. A married woman could pay … Click here to read more

• Pennsylvania – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Car insurance is a fairly major expense for most drivers today, so it pays to shop around for the best rates possible in Pennsylvania. One way to ensure you are getting a good price is to understand the factors involved in determining the cost of car insurance for each individual situation. No two insurance policies are created equal, and there are a number of factors that can affect how hard your insurance will hit your wallet. By learning what these factors are, you can negotiate the best bottom line with the insurance company of your choice.

  Age – Your age may not be a factor you can control, but it is certainly one the insurance companies consider. If you are under 25, you will probably end up paying more. This might also be true if you fall into the “senior” category, since older adults also tend to be a higher … Click here to read more

• New Jersey – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  New Jersey has relatively high insurance premiums compared to other states around the country. It pays to shop around and use every possible discount to get the best rate possible. One tool that can help you save on insurance is understanding the factors that affect car insurance rates in New Jersey. This article will provide you with a list of those factors, and what you might be able to do to improve your odds with some of them.

  Actuaries are the professionals who calculate risk for various drivers and vehicles and produce formulas according to those risks. These formulas determine insurance rates for an individual based on how much calculated risk he has. It is important to know what goes into these calculations when you are shopping for car insurance. In some cases, you can change your risk factor by changing the type of vehicle you drive and maintaining a … Click here to read more

• Nevada – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  When insurance companies determine their rates of coverage there are many factors that are taken into consideration. You probably are already aware of some of them, they are just common sense. But there are some areas that just may surprise you.

  First up is your driving record. This is probably the biggest factor as to how much or how little you will be paying for your car insurance. When an insurance company looks at your driving history they check for the number of accidents you have been involved in, the number of claims you have submitted, no matter how big or small, and if you have any traffic violations. You could be paying for one accident for the next three years through increased premiums. But you may want to ask if your insurance carrier has a forgiveness policy. Some insurers will cut you some slack if it is your first … Click here to read more

• North Dakota – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  You may be surprised at the many factors that car insurance companies take into account when figuring out the rates they charge their customers. Some things you really have little to no control over, but there are some things that are factored in when determining your car insurance rates that just might surprise you.

  The first thing any insurance agent is going to ask you about is your driving record. Have you been the cause or a victim of one or more accidents? Do you have a number of moving violations against you? Have you submitted too many claims to your current insurance company? If you can answer yes to any of these questions then you are going to pay more for your insurance because of your actions on the road.

  Demographics play another big part in your insurance rates. A married woman could pay less for her insurance than … Click here to read more

• North Carolina – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  There are many factors that are taken into consideration by car insurance companies when determining your rates. Some of them are just common sense, but others may take you by surprise. You may want to check with your carrier regarding the following factors to see where their company stands.

  You probably already know this one because the first question that your insurance agent is going to ask you is have you had any accidents or tickets in the past three years. Your driving record. is probably the biggest factor as to how much or how little you will be paying for your car insurance.

  When an insurance company looks at your driving history they check for the number of accidents you have been involved in, the number of claims you have submitted, no matter how big or small, and if you have any traffic violations. You could be paying for … Click here to read more

• Minnesota – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  It is a fact of life that the more of a risk that you present to an insurance company the more you are going to pay for your coverage. But this is just one factor that car insurance companies take into consideration when determining your rates. Some things, like your driving record, are easy to figure out, but some things you may not have even considered are used to calculate your insurance rates. Check out these factors and see if any of them pertain to you and your family.

  Your driving record is probably the biggest reason that you will pay more to insure your vehicle. Keeping your claims down can help bring down your costs. If you report every little thing, like a cracked windshield or a small ding in your fender, you may be covered now but you will be paying more in the long run.

  If you … Click here to read more

• Arkansas – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  You may be surprised at the factors that your insurance company takes into consideration when they calculate your insurance rates. Many things are common sense and then there are other things that may not have even thought of as a reason to base your car coverage on. Here are some factors that the insurance industry takes into consideration when coming up with your premiums.

  The safer you drive the lower your rates will be. The first thing your insurance agent will ask you is if you have had any accidents or traffic tickets within the last three years. The number of accidents you have had, how many claims you have put in and the number of traffic violations you have been charged with during a three year period all play a big part in how much you will be paying for your car insurance.

  Your age and your location are … Click here to read more

• Alabama – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Your insurance company takes several factors into play when it comes to determining your car insurance rates. Many things are common sense and then there are other things that may not have even thought of as a reason to base your car coverage on. The following factors are some of the things that the insurance industry takes into consideration when coming up with your premiums.

  How is your driving record? That will be the first thing to be brought up by your insurance agent. The number of accidents you have had, the number of claims you have put in and the number of traffic violations you have been charged with during a three year period all play a big part in how much you will be paying for your car insurance.

  Next up is demographics. How old you are and where you live play a big part in how much … Click here to read more

• Missouri – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Insurance companies take into consideration a number of factors when determining your car insurance rates. There are some things that you really don’t have much control over, but there are some things that the insurance companies use as a gauge for your insurance rates that you can change. Here are some of the major factors that are used to increase or decrease your rates.

  The first thing your insurance agent will ask you is if you have had any tickets or accidents in the last three years. This is the number one cause of higher rates. The amount your insurance will increase after an accident depends on your previous driving history, how severe the accident was, who was at fault, the number of claims you have submitted in the past, and the policy of your insurance company.

  Next up is your age. Records show that young drivers between the ages … Click here to read more

• Massachusetts – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Many people assume that car insurance rates are set by states and companies and there is no point in shopping around or negotiating prices. However, that is never the case when it comes to finding the best deals on auto insurance. Most folks in Massachusetts would be surprised to find that the premiums they pay on their vehicles are significantly different from their neighbor down the street. This article will explain some of the factors that affect car insurance rates in Massachusetts so you can be a savvier shopper for your own insurance policy.

  The Driver

  The holder of the car insurance policy has a lot to do with the amount of premiums he pays. For example, younger men tend to pay much higher rates than younger women, because they are seen as a greater risk in terms of moving violations and accidents. By the same token, older women generally … Click here to read more

• Kentucky – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  No matter what company you purchased your insurance from, there are factors that car insurance companies take into account when figuring out the rates they will charge you for your coverage. There are some things that you really have little to no control over, but there are some things that are factored in when determining your car insurance rates that just might surprise you.

  How you have been driving over the past three years will play a big part in your rates. Have you been the cause or a victim of one or more accidents? Do you have a number of moving violations against you? Have you submitted too many claims to your current insurance company? If you can answer yes to any of these questions then you are going to pay more for your insurance because of your actions on the road.

  Where you live and what age group … Click here to read more

• Illinois – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Some people think that insurance rates are set in stone by insurance companies and individual states. However, that is not the case. In fact, most drivers probably pay a much different rate than the drivers next to them, based on the discounts they qualify for and a host of other factors. If you want to make sure your insurance rates are affordable, it helps to know the factors insurance companies look at to determine rates of individual drivers. This article will give you some of the most common variables to consider when shopping for car insurance.

  The Driver

  The first factor insurance companies consider is personal information about the driver. People who are neither too young nor too old tend to qualify for better rates. In fact, men between the ages of 16 and 25 will probably pay some of the highest rates around. Older women also fare worse than … Click here to read more

• Delaware – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  There are many factors that car insurance companies take into account when figuring out the rates they charge their customers. Some things you really have little to no control over, but there are some things that are factored in when determining your car insurance rates that just might surprise you.

  The major factor in how much you are going to pay for your insurance is your driving record. Have you been the cause or a victim of one or more accidents? Do you have a number of moving violations against you? Have you submitted too many claims to your current insurance company? If you can answer yes to any of these questions then you are going to pay more for your insurance because of your actions on the road.

  Demographics play another big part in your insurance rates. A married woman could pay less for her insurance than an unmarried … Click here to read more

• Connecticut – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  There are many factors that car insurance companies take into account when figuring out the rates they charge their customers. Some things you really have little to no control over, but there are some things that are factored in when determining your car insurance rates that just might surprise you.

  One of the major factors in how much you are going to pay for your insurance is your driving record. If you have put through a lot of claims in the past, have been at fault in more than one accident and or have a number of traffic violations, you are going to pay more for your insurance coverage.

  A married woman could pay less for her insurance than an unmarried man because they take into consideration the risk factors of each class of driver. The drivers who are known to pay the most for their insurance coverage are teenage … Click here to read more

• Colorado – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  When insurance companies calculate the rates they are going to charge their customers there are a number of factors that come into play. Many of them you are probably already aware of but some may surprise you. You may want to check with your carrier regarding the following factors to see where their company stands.

  One of the first things an insurance agent asks is if you have had any citations or accidents in the past three years. That is because your driving record is probably the biggest factor as to how much or how little you will be paying for your car insurance.

  Your driving history will show the number of accidents you have been involved in, the number of claims you have submitted, no matter how big or small, and if you have any traffic violations. When you have an accident you could be paying for it for … Click here to read more

• Arizona – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Car insurance is a necessity for all drivers, but premiums can cost a pretty penny if you don’t shop carefully for the best rates. There are many factors that can affect the cost of your insurance in Arizona, and tuning into these factors can help you name a better price. In some cases, you have control over how much these factors affect your premiums and other times you don’t. This article will cover the major factors that affect car insurance rates in Arizona so you can be a savvy insurance shopper.

  Factors You can’t Change

  There are two factors that will affect the price of your insurance that you have no control over whatsoever. These are your age and your gender. Females in the middle years of life are typically considered the safest drivers, so they receive the best premiums as a rule. Unfortunately, if you don’t fall into this … Click here to read more

• Texas – Factors that Affect Auto Insurance Rates

  by Hayden Krueger

  Although there are so many factors that affect car insurance rates all across the country, many are common practice and some are specific just for automobile drivers in Texas. Knowing what you are looking for will help you make better decisions when purchasing your car insurance or when shopping around for a better rate.

  You should check out exactly how your insurance company determines the value of your car if it is beyond repair and it is considered to be totaled? The value is confirmed through computerized quotes from automobile vendors, general market research and the trusty Blue Book. Your insurance company will usually come to a fair and reasonable price for your vehicle. But there may be a problem if they cannot find a comparable replacement from a nearby dealer. The further away they must travel to replace the vehicle, the more it may cost you.

  Although 29 states … Click here to read more