Home Page Join Our Newsletter Blog RSS Feed
Alternate Content
Get A Quote

When shopping for the best auto insurance rates, you'll find a recurring theme in the information that prospective insurers collect in order to quote the cost of a premium. Common questions such as your name, social security number, zip code, car make and model, and estimated miles driven each week, are probably expected. However, other inquiries around your lifestyle, education level, occupation and number of children may surprise you, given that they have seemingly little to do with auto insurance. Here's the inside scoop on how insurers decide your auto insurance rate.

Your Lifestyle
Married people are perceived as less risky than single people, as are couples with children versus those with none. If you're under the age of 26 and male, you'll pay more for auto insurance. Your occupation and education play a role, too. Some occupations, such as engineers, teachers and scientists are statistically less risky. People in these careers may pay a lower auto insurance premium.

If you're currently enrolled in high school, college or higher education, and are receiving good grades, then your hard work can lower your auto insurance rates, too. If you belong to an alumni association or certain professional organizations, you may also qualify for a "group" relationship that can actually lower your premiums. If you carry other types of insurance, like a homeowners' insurance policy, and you're willing to switch the coverage to your auto insurance provider, it can lower your rates, too.

Where, When and What You Drive
New cars will almost always cost more to cover than older cars because they cost more to replace if damaged. Individuals who drive long commutes to and from work pay higher premiums, simply because more drive time means greater odds of vehicular damage or collision. The duration of time you've held a license, and your driving record dictates premiums positively if you've got a history of very few traffic tickets or accidents, and negatively, if you've had legal issues as a driver. Lapses in auto insurance coverage of more than 30 days will drive your premiums upwards, too.

The Bottom Line
Shopping around for auto insurance rates is the first step to finding competitive auto insurance rates, but greatest control over rates starts with you: Be a responsible driver and avoid costly accidents and tickets. The fewer claims you make and tickets you receive, the lower your auto insurance rates will skew.

Read More: Source

Posted 2:12 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Home Page About Us Get A Quote Referrals Contact Us Home Page insurance broker website templates