The Top 10 Expensive States in the United States
Car insurance is one of the most bought policies in UK nowadays. A lot of people do not even consider changing their car insurance cover because they are convinced that it is too expensive. This is wrong, if you want to save some money you should shop around for the best deal on your car insurance. If you have been with the same insurance company for many years you will definitely have seen the increase in the cost of the premiums. The main factors which influence the cost of the car insurance are:
Your age, gender and experience are the key factors which determine the car insurance cost. The older you are, the more expensive it will be. The gender is also important because women have to pay less as compared to men. They have less experience and the insurance companies give them a better coverage. Lastly your occupation and driving record will have a direct impact on the cost of the premiums.
If you have experienced accidents or tickets, your premium will definitely be high. The reason behind is that the insurance company considers you a higher risk than drivers who have never had any accidents. If you want to lower your premium, you need to stay accident free for a longer period. You can drive safe in future so this will lower your insurance rate.
It is true that the drivers with the best driving records pay more premiums. The insurance companies base this on statistics and they know that the safer a driver is, the lesser will be the rate of premiums. This is the reason why they usually offer good discounts if the driver has taken advanced driving lessons. This way the average cost of the premium will come down.
Insurance companies consider the location of the driver. If you live in an area where accidents are common, your premiums will be high. If you reside in an area where incidents of DUI are less common, you will benefit from the discount on premiums. The reason is that these drivers are more likely to drive safely and avoid accidents. They will not let their driving record affect their premiums too much.
There are many factors that the insurance companies consider before they set the premium. One of them is the model, make and year of the vehicle that you will be insuring. The model of the car will have a direct impact on the premium that you will be paying. There are a lot of models available and most of the time, insurers choose to insure a certain range of models. If you are a good driver, you can expect to pay less for the same car as another driver who has a bad track record.
There are several factors that will affect the premiums that you will be paying for your insurance. The type of vehicle will have an effect on your average cost too. The more expensive the car, the more you will have to pay for the insurance. The age of the driver will have an impact on the cost too. Younger drivers are charged higher rates than older ones because of their inexperience.
The factors that will determine your premium amount are many and it is difficult to identify the exact factors that they use to determine your premium. The main factors that they use include the age, sex, occupation and driving history. Each of these items will have an impact on your average monthly premium. However, you do not need to know what all of these factors are in order to know how to insure for cheap. The top 10 most expensive states in America are: New Mexico, Mississippi, Kentucky, Connecticut, California, Illinois, Colorado, Washington, Florida, Arizona and Illinois.