Nearly every state requires motorists to purchase car insurance, so it’s important to understand what factors affect your rates. That’s why the professionals at Comaltex Insurance Agency, the most trusted and experienced auto, home, business, and life insurance company in New Braunfels, Texas, are discussing some of the key aspects they consider when determining your auto insurance rates.

5 Factors That Determine Your Car Insurance Premium

1. Your Driving Record

Your history behind the wheel is the single most important factor in determining your car insurance rate. If you’ve had accidents or excessive tickets in the past, you'll pay more than those who have a clean driving record. According to Comaltex, the more points you have on your license means the more of a risk you are deemed, and thus, you'll pay more each year for auto insurance.

2. Your Personal Information

The insurance agency also says your age, sex, and marital status all contribute to the cost of your premiums. Insurers have found that married people, women, and drivers over age 25 are less of a risk to insure.

3. Your Location

Drivers may be more at risk for car theft, vandalism, and auto accidents depending on their location. For instance, if you move from a rural neighborhood to an inner city, then you'll likely notice higher auto insurance rates.

4. Your Mileage

The more you drive, the more at risk you are. Thus, if you can shorten your daily commute, then your car insurance premium will go down.

5. Your Credit Score

Insurers have found that people with poor credit histories tend to file more claims and are more expensive to insure. Clean up your credit report by paying any delinquent accounts and paying your bills on time to lower your insurance costs.

Comaltex Insurance Agency in New Braunfels, Texas, can help you find any discounts you may qualify for. Visit them online, or call (830) 625-7511 to discuss your options with a friendly, knowledgeable agent.