What Affects Car Insurance?

If you have a record of traffic violations or accidents, it will be harder for you to qualify for car insurance, or you might have to pay a higher rate as the insurance company will see you as more of a risk.

Type of Vehicle

Some cars are more likely to be stolen, and the drivers of some types of cars, such as sports cars, file more insurance claims than others. These factors can affect your rate or eligibility.

How Much You Drive

If you drive your car a lot, especially in the city, your rate could be higher as a result. Based on insurance industry statistics, the more you drive, the more likely you will eventually have an accident.

Where You Live

If you live in a city where there is a high ratio of accidents, or a city where car theft is high, your insurance rate could be higher as a result.

Gender

Based on insurance industry statistics, men file more claims against their car insurance policies than women. For this reason, the average man pays a higher insurance rate than the average woman.

Marital Status

Insurance industry statistics show that married drivers file fewer claims than single drivers. Based on these statistics, insurance companies generally charge single drivers higher rates than married drivers.