Three of the Biggest Factors Impacting Your Car Insurance Premiums
Three of the Biggest Factors Impacting Your Car Insurance Premiums
You may sometimes feel helpless about the amount of your car insurance bill. The reality is, you have controlย of the three biggest factors impacting your car insurance premiums. Even beyond the three big factors, there is still hope in saving money on your car insurance. Here’s what you should know.
Age
The bad news is that there is not much you can do about your age. The good news is that as youย age, your car insurance rates should get better. From the time you are a teenager until you turn 21, and then 25, if your driving record is solid, your rates should stabilize or even get reduced. Get married in the meantime, and you may even see lower rates. Other than watching the clock tick and the calendar turn, there’s not much you can do about your age and its impact on your automobile insurance rates.
Driving Record
If you want to see savings on your car insurance rates, stop driving like you are Marioย or Luigi. Wear your seatbelt, stay within reason of the speed limit, stop at stop signs, and otherwise practice defensive driving techniques. Sure, it may take you an extra 39 seconds to get home or that one car may get ahead of you, but think about basking in that now perfect driving record. Car insurance companies love safe drivers and even offer discounts for those who have proven they drive safely.
Credit Rating
It may surprise you to learn that your credit record impacts your car insurance rates. This is due, in part, to the fact that insurance companies have discovered that credit-worthy drivers tend to be more responsible. Those with better credit ratings also tend to keep their coverage in place longer and more consistently. This makes them more valuable to insurance companies and can lead to better rates.
Even if you think your rates are still out of control, you have another option when it comes to your auto insurance. That option is to compare. Contact one of our independent insurance agents and let them do the shopping for you. They will explore their network of insurance companies to find the most appealing rates for your particular situation. There is no cost or obligation for a price quote, and you can potentially save significantly. Contact us today to get started and stay in control of your automobile insurance rates.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
Flappers, Flights & Fizzy Fridays: The Roaring Twenties You Never Knew
Dive into the 1920s beyond the speakeasies! Explore the decade’s social shifts, technological marvels, and surprising connections to modern times.
Bundle Up and Save! The Ins and Outs of Business Insurance
Unsure about business insurance? Don’t be! Learn how bundling different coverages protects your company and puts money back in your pocket.
Life Insurance Myths Busted: Unveiling the Simple Truths Behind Financial Security
Considering life insurance but confused by the myths? We clear the air on common misconceptions and show you how to get simple, affordable coverage.
Buckle Up for Savings: How Car Safety Ratings Save You Money
Crash Test Your Cash Flow: How Car Safety Ratings Impact Insurance Rates
Pool Paradise or Premium Pain? The Splashing Truth About Pool Insurance
Dive into Savings: How Pools Affect Homeowners Insurance (and How to Stay Afloat)
Lights, Camera, Action! Exploring the Real-World Locations of Your Favorite Films
Exploring the Real-World Locations of Your Favorite Films
From PJs to Productivity: Mastering the Work-From-Home Hustle
Ditch the Commute, Keep the Cash: Working From Home Hacks for Peak Performance
The Farewell Financial: Planning a Peaceful Goodbye
Beyond Goodbyes: A Guide to Navigating Funeral Costs and Life Insurance
From Death Traps to Death Beaters: How Cars Became Surprisingly Safe
Buckle Up and Breathe Easy: Unveiling the Hidden Heroes of Car Safety
Cracking the Condo Code: Your Guide to Condo Insurance
Condo Confusion Conquered! A Guide to Condo Insurance Coverage