If you’re about to start shopping for car insurance, there are a few factors to be aware of that influence premiums. Some are beyond your control, but others can help save money on monthly rates. Here are some common factors to help you make an informed coverage decision.

What Impacts Car Insurance Premiums?

1. Location

The driver’s location can raise or lower their auto insurance rate. For example, living in a busy city known for high car accident statistics causes premium increases because the insurance company considers the area high-risk. Conversely, living in a relatively small town typically reduces auto insurance rates because traffic is minimal.

2. Age

Young drivers who recently obtained their licenses, such as teenagers and those in their early 20s, deal with higher car insurance rates than older drivers due to lack of experience. Drivers in their 30s and above who have been behind the wheel for years generally get in fewer accidents. As a result, insurance carriers view these motorists as lower risk and charge less for coverage.

3. Career

How often you’re on the road for work influences premium rates due to the accident risk factor. If an individual commutes daily for work, their chance of getting in an accident increases over a person who works from home or uses their vehicle for job-related reasons once or twice a week.

4. Driving Record

Car insurance companies reward drivers with clean records free of license points, traffic tickets, accident reports, and insurance claims. Monthly premiums will be higher if the motorist has been in more accidents and traffic violations. Some insurance carriers refuse to insure drivers with numerous violations.

5. Safety Courses & Ratings

Drivers who take classes demonstrate a commitment to safety that insurance carriers appreciate. Providers also reward those who own vehicles with high safety ratings and numerous safety features, such as traction control, parking assistance, and automatic seat belts. 

If you’re interested in obtaining car insurance, contact the agents at Kleppinger Insurance, LLC, in Bethlehem, PA. They’ve offered a wide range of coverage to clients through the Tri-state area since 2014. This independent agency is known for accessibility and many insurance choices. Call (484) 357-1485 today to schedule a phone consultation, or learn more about their car insurance services online.