Auto Insurance
Key Feature
Mandatory Coverages​
- Driving Record: Accidents, convictions (like speeding or DUI), and claims history significantly impact your premiums.
- Age and Gender: Younger drivers, particularly males, generally pay higher premiums.
- Vehicle Type: High-performance cars, luxury vehicles, and newer models often have higher insurance costs.
- Driving Habits: Commuting distance, annual mileage, and the purpose of the vehicle (e.g., business use) can influence rates.
- Location: Where you live can affect your rates due to factors like accident frequency and crime rates.
- Coverage Options: Choosing higher coverage limits (e.g., liability) will increase your premiums.
Factors Affecting Rates
- Driving Record: Accidents, convictions (like speeding or DUI), and claims history significantly impact your premiums.
- Age and Gender: Younger drivers, particularly males, generally pay higher premiums.
- Vehicle Type: High-performance cars, luxury vehicles, and newer models often have higher insurance costs.
- Driving Habits: Commuting distance, annual mileage, and the purpose of the vehicle (e.g., business use) can influence rates.
- Location: Where you live can affect your rates due to factors like accident frequency and crime rates.
- Coverage Options: Choosing higher coverage limits (e.g., liability) will increase your premiums.
Tips for Saving on Auto Insurance
- Driving Record: Accidents, convictions (like speeding or DUI), and claims history significantly impact your premiums.
- Age and Gender: Younger drivers, particularly males, generally pay higher premiums.
- Vehicle Type: High-performance cars, luxury vehicles, and newer models often have higher insurance costs.
- Driving Habits: Commuting distance, annual mileage, and the purpose of the vehicle (e.g., business use) can influence rates.
- Location: Where you live can affect your rates due to factors like accident frequency and crime rates.
- Coverage Options: Choosing higher coverage limits (e.g., liability) will increase your premiums.
