Shopping for car insurance can be frustrating, especially when prices vary so much from one carrier to the next. While insurance rates may seem arbitrary, they’re actually based on complex calculations companies use to determine the amount of risk. Knowing the following factors that influence your rates can help you save money without sacrificing coverage.

Your Driving History

Of all the elements that go into calculating premiums, your personal driving history is one of the most important. Insurance companies assume that drivers with several tickets or at-fault accidents are more likely to file a claim in the future. To cover the risks, they’ll likely charge drivers with a checkered record of higher premiums than someone else with no history of accidents or citations.

The Vehicle You Drive

Insurance companies keep track of the average repair costs and claim value of each make and model. While the overall price of your vehicle does play a role, the cost of parts and built-in safety features might be even more important. This is one reason it’s a smart idea to collect insurance quotes before buying a new car.

Where You Keep Your Vehicle

Comprehensive insurance covers a variety of risks, from theft to hail damage and even animal activity. Insurance companies typically offer discounts to drivers who keep their vehicles in a garage or under a carport.

Anti-Theft Devices

Your local crime rates also have a major impact on insurance rates. While you may not be able to control the prevalence of vehicle thefts, you can install an alarm system, vehicle tracker, or kill switch to deter crime. Most car insurance companies will reduce your rates if you’ve taken steps to reduce the risk of theft.

For over 30 years, Goggans Insurance has helped drivers throughout Scottsboro, AL, protect themselves from the risks of the road. Their independent agents will take the time to evaluate your needs before comparing policies from a selection of some of the industry’s leading carriers. Follow their Facebook for news and updates, call (256) 574-3440 to request a free quote, and visit their website to learn more about their car insurance products.