Factors that Determine Your Auto Insurance

Most people want to keep their insurance premiums as low as possible. Although you can’t control things like your age or sex, you can control some of the factors that go into determining the cost of your auto insurance in Champaign County. When you understand what insurance companies look at to define the premium costs, you can do what you can to lower your costs.

Your driving record is one of the biggest factors in your insurance costs. Once you’ve had an accident or two on your record, it’s difficult to control the costs until they drop off. Drive safely and defensively when you are on the road. Take a defensive driving class to help you find better ways to avoid accidents. Check with your insurance company before you sign up to see if there is one that gives you a discount on your premium.

Another big factor in insurance premiums are your demographics. Where you live and your credit score go into determining your risk when underwriting a policy. If you are getting ready to move, check with your insurance agent about the areas to see if there is a difference in cost. Generally, higher premiums mean that you are moving into an area with a higher crime rate. Take care of your financial history by making payments on time. Clean up your credit report and keep it accurate. You’ll get better insurance premiums.