If you’re in the market for auto insurance, there are a few things you should think about before finding a quote or meeting with an agent. Here are a few suggestions to ponder.
1. Your Driving Record
Good drivers are less of a liability to the insurance company than those with a checkered past, so they’ll enjoy lower rates and better perks. If your record isn’t that great, either hold off on switching brands or look for one with accident forgiveness.
2. Your Location
The quotes offered by insurance websites aren’t always applicable to your own region. For example, if you’re hoping to find a reputable car insurance company in New Jersey, you should search for local New Jersey insurance providers.
3. Your Age and Gender
Teens will have to pay more than their parents. Seniors might be able to pay less if affiliated with the right groups. Gender plays a role in insurance premiums as well; male adults tend to be charged more than female.
4. Your Vehicle
Luxury cars face a high risk of theft and vandalism, so insurance companies will charge you extra for protecting their value. On the other hand, if you have a “green” or eco-friendly hybrid, insurance companies are often willing to give you a discount.
5. Your Credit Score
Each company has its own standards, but generally speaking, any score lower than 650 will cost you. You might also face higher prices or even denied applications if you have non-payments on record for your previous insurance company.
6. Your Mileage
It may sound strange, but the more you keep your car in the garage, the less you’ll have to pay for insurance. This is because your vehicle can’t get into accidents when you’re not on the road. If you’re looking for an easy way to shave some money off your insurance bills, carpooling to work is a good idea.
Asking the right questions now may save you hundreds in the future. Use these tips to find a car insurance policy that will keep you protected without breaking the bank.