There are many factors that influence your automobile insurance rate.
The average driver spends about $700 a year on their automobile insurance. Automobile insurance rates are generally based on the following factors:
Your driving record
Safer drivers will generally have lower automobile insurance rates than risky drivers -- all other factors being equal. If you've had accidents or serious traffic violations, you will pay more than if you've had a clean driving record. You may also pay more if you haven't been had auto insurance coverage at or above state minimums for some time.
The number of miles you drive each year
The more miles you drive, the more chance for accidents, the more likely you'll have an insurance claim, and the more it costs for the auto insurance company to insure you. Conversely, if you drive a lower than average number of miles per year (less than 10,000) you will pay less.
Where you live
Automobile Insurance companies look at local trends (based on the zip code of where your vehicle is garaged) such as the number of accidents, car thefts and lawsuits, as well as the cost of medical care and car repair.
Your age.
In general, mature drivers are less costly to insure than less experienced drivers, particularly teenagers. So auto insurance companies generally charge more if teenagers or young people below age 25 drive your car.
Your Car
Some cars cost more to insure than others. Variables include the likelihood of theft, the cost of the car, the cost of repairs, and the overall safety record of the car.
To Begin your free no-obligation auto insurance quote today simply select your state from the the drop down box located at the upper right hand part of this page.
Continue to Saving money on your auto insurance part 2