To drive legally in the state of Missouri, you must purchase a minimum amount of liability auto insurance. Additional coverage costs more, and prices vary based on a number of factors. If you feel like your premiums are too high, there are many factors that could be causing it. The factors below all influence the cost of car insurance to a greater or lesser degree.

5 Reasons You Might Pay More for Auto Insurance

1. Your Driving Record

Your driving history is one of the most important determinants of insurance premiums. The more moving violations and accidents you've had, the more you will pay for coverage. You can lower your premium by driving safely, defensively, and within the speed limit.

2. Your Vehicle 

The type of car you drive also has a large impact on the cost of coverage. Four-wheel drive and brand-new luxury vehicles tend to cost more to repair, so they likewise cost more to insure. Similarly, people who buy sports cars tend to do so because they enjoy the speed, which makes them riskier to insure. By choosing a moderately priced "boring" car, you can often save money on auto insurance.

3. Your Deductible

The deductible is the amount you must pay out-of-pocket before your insurer begins contributing toward a claim. The lower your deductible is, the more you must pay for coverage. To reduce your monthly or yearly premiums, simply raise your deductible amount. You may risk paying more in the future, but you are guaranteed to pay less upfront.

4. Your Age

If you are under age 25, unfortunately, you have to pay more for auto insurance than older drivers. Insurers have found that, whether due to inexperience or impatience, younger drivers are more at risk of accidents and moving violations.

5. Your Credit Rating

Your credit score also helps determine the amount of your premium payment. Insurance statisticians have discovered a correlation between bad credit and poor driving habits, so you'll have to pay more for car and motorcycle insurance. To lower your premiums, improve your credit rating by making payments on time.

Farmers Insurance Group, the most trusted auto and motorcycle insurance agency in Mountain Grove, MO, specializes in affordable high-risk auto insurance. If you feel like you're paying too much money, contact them to discuss ways to lower your premiums. Visit the website to request a quote, or call (417) 926-7900 to speak with a friendly, experienced agent.