Share:

Costs for auto insurance fluctuate quite a bit from person to person. As a result, it’s possible to reduce costs by making the right decisions, whether they involve purchasing a vehicle or taking steps to be a safe and conscientious driver. The following are a few tips on how you can keep insurance costs low.

3 Reasons Why Auto Insurance Premiums Vary

1. The Car You Drive

Insurance premiums are calculated based on risk. Accordingly, driving a car that carries a higher risk will incur higher costs. As an example, a sports car will be costlier to insure than a family vehicle replete with the latest safety features. You can reduce costs by choosing a vehicle that’s considered safer to drive by your insurance company.

2. Your Previous Driving Record

Auto InsuranceYour driving history can also provide insight into risk. A person with a spotty history, including fender benders and wrecks, is bound to receive a higher premium. The best way to prevent these cost increases is to make safe driving a priority. Even if you’ve experienced a crash in the past, driving accident-free for an extended period can help you lower insurance costs. Your credit history may also play a role, although this practice varies between insurance companies.

3. How Much You Drive

Frequent drivers will receive higher insurance premiums. This is because the more you drive the greater your risk of experiencing a crash. Driving long distances can also have an impact, which can amplify your yearly mileage tally. If possible, consider public transportation to cut back on your miles driven each year. You can also look into creating a carpool with co-workers, which will reduce premiums as well as fuel costs.

 

Russell Insurance Agency offers customers in Lower Alabama a range of options when it comes to auto insurance. These agents will work with you to create a customized protection plan, which will reflect your driving habits and insurance needs. If you require full coverage, they’ll help you find comprehensive policies offering collision coverage and underinsured/uninsured motorist protection. They also offer many other types of insurance, including business insurance and policies to protect your home and belongings. Call (251) 947-3607 to speak with an agent about getting a personalized quote. You can also like them on Facebook to stay up-to-date on the latest news and happenings.

tracking