Learn the Essentials about Auto Insurance

Best Auto Insurance strives to be the leading resource for all types of information related to auto insurance. While we focus on those resources and tips to help you save, we also have relevant information unique to your own situation. You can learn about how the price of your auto insurance quotes can be affected by the make and model of your car as well as by personal factors through the articles below. Sometimes the vocabulary and vernacular of the car insurance world can be confusing and can lead to you signing up for a policy you don’t really want. Use our glossary to help you in this regard, you’ll find an easily searchable list of terms that should help you clear up some of the language confusion when shopping around. We also provide you with insight and statistics that many of the top auto insurance companies consider when pricing your policy. You can see these statistics in the average cost of a car insurance premium page, as well as the pages dedicated to the least expensive cars to insure and the most commonly stolen cars. If you’re curious about whether or not your policy is more or less comprehensive than average, explore the basic auto insurance laws article. Continuing in our goal to keep you educated about auto insurance we have provided books written by experts in the field to give you more detailed information. The answers to your most specific questions can often be found in one of the chapters of the books. We invite you to read all of these valuable resources as being well versed in auto insurance policies will help you save the most money over the course of the year.

Auto Insurance Articles:

The age of the driver trying to get insured is a major factor when deciding how much an auto insurance policy costs. According to the National Highway Traffic and Safety Administration, this results from statistics that show drivers 20 years of age or younger, as well as drivers over the age of 65 tend to be in more accidents than those in any other age group. Drivers in these ages groups are considered a higher risk to insure and therefore have a higher premium. Statistically those between ages 50 and 65 are the best drivers and receive the lowest premiums for their auto insurance.

Driving Habits

Driving habits refer to where and how far you drive on a consistent basis. For example if you drive 100 miles to work everyday through high traffic areas, versus a person who has a 10 mile commute through residential areas, you’re more likely to pay more for your auto insurance premium.

Marital Status

It is typical for insurance companies to give discounts to married couples because they statistically are safer drivers than those who are single.

Gender

Again statistics show that women are better drivers than men, especially in the under 20 age group. Therefore car insurance companies usually give better premiums to women than men.

Driving Record

Your driving record is another aspect considered when determining the price of a policy. Many companies offer good driver discounts for those with clean driving records. In contrast, those with bad records full of had multiple accidents, moving violations and other infractions sometimes will not even be offered an auto insurance policy. Therefore, when shopping around for auto insurance quotes, you should be as thorough and honest regarding your information as possible, so you can get an accurate quote.

Credit Score

An important consideration for auto insurance companies is also whether or not you will be a good customer and can afford to pay the premium they offer you. In light of this, your credit score affects your auto insurance policy. Not every state allows insurance companies to use this information to determine your premium’s cost, however the majority do, so it is beneficial for you to be aware of this.
All of these factors are considered by car insurance companies when compiling your auto insurance estimate. This is where the variance in your auto insurance quotes comes from. Remember that when you’re shopping around for car insurance quotes, companies will use all of these human factors to determine your premium. One of the best things you can do to ensure a low premium is to maintain a clean driving record, as this is the most easily controlled factor. If you can keep your driving record clean, you’ll ensure lower premiums for you and your family.