When you’re shopping for auto insurance in Bristol, CT, it’s tempting to reduce your rates by choosing lower amounts of coverage or by raising your deductibles. Although these are the two most obvious factors that influence your car insurance rates, there are others to consider, too.
What Influences My Car Insurance Premium?
Statistically, married people tend to have fewer accidents than single people. Getting married can significantly lower your rate, especially for men.
Many insurance companies take your credit score into account when determining your rate. Although there is no specific point at which your credit score begins to affect your rate, lower scores generally mean higher insurance premiums.
Vehicle Safety Rating
A vehicle with a high safety rating means there is a lower chance of needing to pay for your or your passengers’ medical bills. As a result, your rate will usually be lower. Owning a car with a low safety rating will, unsurprisingly, result in a higher cost.
Of course, your own driving history will be examined by insurers to see if you have previously filed claims, been in accidents, and received traffic tickets. Those with a blemished record can expect higher premiums than those who have a spotless record. If your record is bad enough, some insurance companies will refuse to give you coverage at all.
Some insurers can alter your rate based on what you use the car for, the distance you drive annually, and when you drive. Business commuters are more likely to drive in rush hour traffic and put more miles on the clock, which makes premiums higher than those drivers that use their car irregularly for pleasure.
Securing the right auto insurance doesn’t have to be costly. Work with an insurer who can find the right coverage for your vehicle, lifestyle, and driving history. For all of your car insurance needs, contact C.V. Mason Insurance Agency in Bristol, Connecticut. We will work with you to ensure you have the right amount of auto insurance coverage, all at the right price to fit your budget.