The price you pay for your car insurance premium is a reflection of how insurance companies assess your driving behavior. They consider a number of elements when determining how likely you are to file a claim, which is why insurance quotes can vary greatly from one person to the next. The professionals at Kirk Insurance Agency make the process of shopping for coverage a much smoother experience. They are committed to helping the residents of Spearman, TX, find the best policies for the most affordable rates possible.

Below, they go over some of the top contributing factors providers use to calculate your car insurance:

• Personal Characteristics: There are several traits insurance companies will look at when deciding your premium. These include age, gender, marital status, location, and occupation. They review statistics relating to each of these aspects to identify patterns of claim activity among groups that fit into certain categories.
• Credit Score: Many providers view credit scores as a good predictor of future claim submissions. Typically, those with higher scores and a history of paying bills on time will receive better rates than drivers with unpaid debt and a history of late payments.

• Driving Record: Your driving record will have the most influence over how much you’re charged for car insurance. The more traffic violations and at-fault accidents you have on your record, the more you will pay.
• Make & Model of Vehicle: Insurers don’t view all vehicles equally. There are some makes and models that are safer to drive and less expensive to repair, which impacts coverage costs. These tend to be cheaper to insure, as are cars that have a lower risk of being stolen.
• Type of Coverage & Deductible: The coverage you select and the deductible you set will have a major effect on your rate. The more coverage you add to your policy, the more you can expect to pay. In addition, higher deductibles cut down on premiums and vice versa.

Understanding how car insurance companies establish your premium will allow you to improve your level of risk wherever possible. It’s also important to shop around because different providers may evaluate other aspects that could make your rates higher or lower. If you live in Hansford County, TX, contact Kirk Insurance Agency for professional help picking the right policy. Call (806) 659-2794 or visit them on Yelp for additional information.