What factors affect auto insurance rates?
Does it seem like everybody you know pays less for auto insurance than you do? There could be several reasons for this variation in auto insurance rates. While your insurance history is one of the main factors insurance companies use to help determine your auto insurance rates, there are other contributing factors you should also be aware of. Read on to learn more. Your driving record Your driving record is weighed heavily when it comes to determining your auto insurance premium. In many states, if you have a good driving record, you can receive a good driver discount. However, if have a speeding ticket or an auto insurance claim on your record, you should expect to pay higher auto insurance rates. Your family’s driving record If you share an auto insurance policy with your family, spouse, or domestic partner, you may be eligible for a multi-car/multi-driver auto insurance discount. However, be warned that combining policies will also mean that you share in your family’s speeding ticke
