Now, we all complain about the high cost of living. It seems as if anyone who owns and operates a car is hit by a large number of bills that require a struggle with fuel costs, maintenance, and repair costs, the cost of buying a car - and super BIG ONE - car insurance premiums.
Even though you haven't spoken it verbally, there is no doubt that a fascinating question arises in your mind: Why do cars (read cars, trucks, motorbikes, RVs, etc.) have to be very, very expensive insurance ?!
The answer to everything related to insurance comes from the industry itself, and this is indeed the case.
"Insurance rates differ from person to person and are based on many factors," said a well-known specialist who works in the Tri-State area and is employed by an independent agent. "Everything boils down to how much you risk as a driver."
I here explain seven factors that can affect our car insurance bill.
see Some things that might determine how much you pay for car insurance are listed below.
1. Your address
If you live in a place that has a higher crime rate, your premium will reflect the risk of theft, robbery. If your location has more car accidents and proportional claims submitted, it will have an impact on your premium too. so your place of residence dramatically affects how much the fee is paid for the premium
2. Marital status
Many studies show that husbands and wives are not involved in many collisions like those who are not married.
3. How old are you
Young drivers, especially boys in adolescence, are grouped as risky drivers because statistics say they show poor driving habits and are involved in and cause many more serious accidents than older drivers. At a lower level, those aged 65 and above can increase their insurance rates due to age problems that contribute to worse reflexes, vision problems and more.
4. What Type of Vehicle You Drive
There is an apparent difference between the brand and model of the car in terms of safety. Also, high-end cars attached to larger price tags are more attractive to car thieves and more expensive to replace; they are even more costly to repair after an accident.
5. How You Use Your Car
If you use your car to travel to and from work or use it for high-intensity business purposes, you will find that you will have a higher premium than driving only to the grocery store or for a holiday trip.
6. Your Claims Record
If you have previously filed insurance claims, primarily if they have resulted in big payouts, your insurance premium will reflect that. But you may also find a rate increase if you have only filed claims regarding accidents where you are not at fault.
7. If You Are a Good Driver
If you never have gotten a driving ticket or never been an accident, you will have a lower insurance rate than those who have a less pristine driving record.
Once you know many things, you can determine how much money is spent on your car insurance. And you should consult with a knowledgeable specialist employed by an independent insurance agent who will help you navigate through the web insurance policy so that you are presented with the most adjusted prices. Competitive.
Article Source: http://EzineArticles.com/9962507