Looking for auto insurance? It’s not a task any of us enjoy. It takes too much time – wasting time in an agent’s office while he does who knows what (but we’re convinced he’s taking his sweet time since he’s there all day anyhow), we don’t understand it – liability? Comprehensive? Collision? (Does anyone other than the agent get this stuff?), and it ends up costing us more than we anticipated, usually. There’s not much we can do about the pains of getting a car insurance price quote, especially low price. We can do our shopping online, where most car insurance sites offer free price quotes. But then we may not know what we’re getting as well as in an agent’s office, where he or she would explain what we’re buying. And as for what it costs, can we do anything about that? What goes into figuring the rates, anyhow? We all know that a driver’s driving record has a part – a huge part – but what else affects your price quote for car insurance? Let’s take a look.
Gender Has A Big Role
Whether you’re male or female as a big part in determining a car insurance price quote. Statistics show that men tend to take more risky behavior, especially if they’re younger than 25 years of age. Sorry, guys, but the statistics influence rates as much as anything, and there’s not a lot you can do about that – except get older.
Marital Status Helps
If you’re under 25 years old, your rate will usually be lower, whether you’re male or female. Statistics show that those who are married tend to drive more carefully than those who are single. Thus, getting married does have benefits when it comes to getting a car insurance price quote!
Pulling Your Credit
For most companies, your credit will influence your car insurance price quote. Studies show that there is a correlation between your financial responsibility and your driving responsibly. The better your credit, the more likely you are to be more careful in your driving habits. This is an area where you can do what you can to improve your credit, and it can help your rate in the long run. Another option is to find a car insurance company that doesn’t pull credit to use in determining rates. There aren’t a lot of them out there, but there still are some. If the company seeing your credit could pose a problem for you, look around for one where your credit won’t be a factor.
New Driver? Or Experienced?
Car insurance companies, in an effort to minimize their exposure to risk, will give a better rate to someone who is a more experienced driver. New drivers are much more likely to take risks and drive more erratically. So, as time goes on and you have more years of successful driving behind you, your rate will improve.
The foregoing article was written by the author based on experiences she has had. This article is not stated as a legal opinion or as fact but instead is stated as opinion of the author.