Your auto insurance premium is based on a few factors which you more or less control, but what are these factors?
Your auto insurance premium is determined by using statistics. Various factors are plugged in to solve your chances for filing a claim. If your chances are high, you are a high-risk driver and your premium is high, as well. Directly, if your chances are low, your monthly premium is low. What are these factors that impact your auto insurance?
Car Make & Model
If your car has good safety features, your insurance company will certainly take notice. A driver with a car that has safety features is less likely to submit an injury claim. This less-likelihood gives you a lower premium.
Residential Zip Code
Drivers who live in a zip code with a low crime rate, get lower premiums because their car is less likely to get stolen.
If your driving history shows that you are a bad driver with no regard for the law, why should auto insurance companies give you any discounts? A bad driving record = high premium. A stellar driving record = low premium.
Whether you’re a high- or low-risk driver, you need to purchase the right auto insurance. To financially protect you, your car needs to be covered with the right auto insurance policy. Contact Udell Family Insurance in Westlake Village, California for all of your car insurance coverage needs.