Five Factors That Impact Your Auto Insurance Rates

Motorists in Longwood, FL are always looking for ways on how to save on their auto insurance premiums. But, before you cut down on coverage or increase your deductibles to save a few pennies every month, there are safer ways to control your rates without sacrificing coverage. Insurers look at numerous criteria when determining a driver’s premium, and the consumer can control a good number of these.

A handful of common factors that impact auto insurance rates include:

Age

If you’re under 25, you can expect to pay more as you’re inexperienced on the roads. Once you start driving in your golden years, you can expect to pay more, too. However, there is a sweet spot for those aged 25 to 65.

Occupation

While you may be thinking that your job has little to do with your auto insurance, the insurance industry found that drivers with certain occupations are safer on the roads, and therefore, less likely to file a claim. Doctors, nurses, and firefighters are among those who could enjoy lower premiums.

Mileage

Quite simply, if you’re on the roads more, there’s a higher chance that you’ll be involved in an accident. If you’re driving many miles to and from work during rush hour, you may face higher premiums than those who work from home.

Location

If you leave your car outside overnight in an area with high theft and vandalism rates, expect a pricier premium.

Vehicle Safety

Safe cars on the road mean fewer accidents. Vehicle safety features can include those that prevent collision and theft.

Talk to the Blanchard Insurance professionals who can help you find the right auto insurance to suit your needs and budget. Visit Blanchard Insurance, serving motorists in Longwood, FL and beyond today.