Something that most people look forward to when they are old enough is being able to drive a car. Unfortunately, with driving come responsibilities like getting auto insurance. Below are three factors that can negatively affect your auto insurance premium:
Age
This is a big factor when it comes to how much you pay for car insurance. A teen driver will have a much higher cost per month than someone who is older and has more driving experience. One thing that might help with younger drivers is having good grades, depending on the insurance company.
Location
Another big factor when it comes to car insurance premiums is where you live. If you live in an area with a lot of crime or you live in a big city, chances are that you are going to pay more for your auto insurance premium.
Driving Record
Finally, a big factor in your auto insurance premium is your driving record. The more accidents and tickets you have, the higher your premium will be. In fact, your insurance company might drop you if you have too many accidents or tickets because they will consider you a high risk.
These are three main factors that can affect your auto insurance premium. Although the first two factors can’t be helped, you can improve your insurance premium by driving carefully and keeping at the speed limit. Not all accidents can be avoided, but following traffic laws and avoiding tickets will go a long way to reducing premiums.
