What influences the price I pay for auto insurance?

The type of car you drive: The cost of repairing your auto and the amount of damage to your vehicle is likely to sustain or cause in an accident influences your cost to insure that vehicle. Safety features and recovery devices save us money in a claim and save you money on your insurance.

Where you live: If you live in a small rural area, your prices will usually be lower than someone living or driving in a large metropolitan area since the chances of accidents and thefts are typically lower in a more rural area.

The people who may drive your car: Age, gender, and marital status all affect your price. In general, young females have fewer accidents than young males, and married couples have fewer losses than single people. If a driver has a history of at-fault accidents and traffic violations, they are more likely to be involved in an accident than someone with a clean record.

Financial responsibility: In some states, we review insurance risk scores based on credit bureau information. Insurance premiums charged may vary depending on how your credit history is interpreted.

Other factors: Many other items can either increase or decrease the price of your insurance. Your independent agent or broker can help you make sure you are paying the lowest possible price for the most appropriate level of coverage with the company that’s right for you.

Did you know? The color of your car has no affect on the price of your insurance!