Car Insurance Quotations Reviews & Guide
Several factors are taken into account when it comes to car insurance quotations. Though it may looked random, but the truth is a few factors are taken into consideration.
Below are some factors that count into car insurance quotes calculation:
How Old You Are
Statistically, young and inexperienced drivers have higher accidents rates. So that a teenager who just got his license will usually pay more insurance than those who are older and considered more experienced in driving a car.
Vehicle Used
One thing that becomes an important factor is your annual mileage, whether your car is used for daily commute or business purposes.
If you seldom use your car, then you will pay less for your car insurance. Obviously, if you seldom use your car in a week, for example, you will be less likely to have an accident than those who are more often use their cars.
Type of Car you Drive
Your car model figure, cost of repairs as well as its safety statistics are absolutely taken into account when it comes to car and insurance . An expensive crossover or minivan will cost a lot less to insure compare with an expensive sports car.
Your Driving Record
People with accidents records will pay more for car insurance than those with better driving records. In other words, you will pay more for your car insurance quotations if your driving violations is high.
Where You Live
Most of insurance companies will ask where you live, they want to know how busy the streets are nearby your house. People who live in the city will usually pay higher for their car insurance than those who live in a village.
Your Credit History
It may seem strange, but your credit history is factored into your Car Insurance Quotations. Somewhere along the way an actuary (whose job it is to calculate these quotes) found that people with better credit scores have fewer car insurance claims.
It is very important to know that each providers can give different quotations for your car insurance, so you better get at least five quotes before choosing any of them. - 21396
Below are some factors that count into car insurance quotes calculation:
How Old You Are
Statistically, young and inexperienced drivers have higher accidents rates. So that a teenager who just got his license will usually pay more insurance than those who are older and considered more experienced in driving a car.
Vehicle Used
One thing that becomes an important factor is your annual mileage, whether your car is used for daily commute or business purposes.
If you seldom use your car, then you will pay less for your car insurance. Obviously, if you seldom use your car in a week, for example, you will be less likely to have an accident than those who are more often use their cars.
Type of Car you Drive
Your car model figure, cost of repairs as well as its safety statistics are absolutely taken into account when it comes to car and insurance . An expensive crossover or minivan will cost a lot less to insure compare with an expensive sports car.
Your Driving Record
People with accidents records will pay more for car insurance than those with better driving records. In other words, you will pay more for your car insurance quotations if your driving violations is high.
Where You Live
Most of insurance companies will ask where you live, they want to know how busy the streets are nearby your house. People who live in the city will usually pay higher for their car insurance than those who live in a village.
Your Credit History
It may seem strange, but your credit history is factored into your Car Insurance Quotations. Somewhere along the way an actuary (whose job it is to calculate these quotes) found that people with better credit scores have fewer car insurance claims.
It is very important to know that each providers can give different quotations for your car insurance, so you better get at least five quotes before choosing any of them. - 21396
About the Author:
Anne Durrell comes from Stockton, CA. She writes a lot of articles on insurance. Here are some other of her articles you may be interested in reading: auto insurance comparison guide and insurance for car tips!
posted by X - Men @ 3:42 AM
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