1) The Insurance Company’s Policies: There are many companies that offer auto insurance policies. Each of the companies has its own advantages and disadvantages. You should always check out your options first before making any decisions.
2) Your Driving Record: Your driving record is extremely important when choosing your car insurance policy. The company will use this information to determine if you are a good risk or not. If you have had no tickets or traffic violations then you should be fine. However, if you have had any violations in the past, then this could raise a flag for the company and it might hike your premium. You might also get a higher rate if you have had an at-fault car accident in the past.
3) Your Age: Now this may seem like an important factor for you and me, but for insurance companies, it is. The younger you are, the higher your rate will be. You can usually expect to pay around 20% more than older drivers. In the end experience matters.
4) Your Car: The type of car that you drive will largely determine how much your car insurance rates. Drivers of high risk vehicles will pay much higher rates than those with low-risk vehicles. This includes older, high-maintenance vehicles as well as those that have had any salacious modifications installed.
5) Your Location: Your location will also affect your insurance rates. Certain states have laws in place that require insurers to provide certain levels of coverage at a cheaper rate. This means that if you live in a state like Alaska and get single-policy car insurance then your rates will be much higher than someone who lives in California where it is required that you have multiple insurance options.
6) Your Credit: Your credit history is also a factor that can affect your rates. A good credit history can get you a cheaper rate. Bad credit will typically get you a higher rate.
7) Your Criminal History: Your criminal history can have a drastic effect on your auto insurance rates. Most companies do look into criminal records and may raise your rate if they find anything.
8) Your Liability: Your Liability is another factor that can effect your rates. The more you are claims the higher your rates will be. If you have any points on your license or any minor moving violations on your record, it will be looked at by the company.
Bonus read :
Rental Car Insurance in addition to your regular auto insurance is good to have car insurance that covers rental cars. Rental car insurance can be expensive. Sometimes fully-insured vehicle rentals can cost half of the price of a rental car, so it’s worth it to get this insurance. You probably already have it in your regular car insurance policy, but it’s good to have a separate policy just for the rentals. It’s also worth mentioning that most credit cards provide this coverage as well. Since these policies can get pretty granular, it’s a good idea to shop around to see what each one offers.