Factors to Influence Car Insurance Rate

You may find that your friend pay less insurance rate for his car in the same coverage. Are you wondering why your friend could be so fortunate to pay that little? Here, you will find several factors that could impacts they rate of car insurance.

The car takes big influence to the insurance rate. More valuable the car, more money you should pay. Car model, date of manufacturing, price, miles, additional features, and more fact about the car will influence the insurance rate. You yourself could influence the rate. Your age, your job, your driving record, and your driving habit will help the insurance company to determine your rate. How much person insured is another factor since one person insured or entire family insured will make big different. Where you live, where you drive the car, and of course, where you buy the insurance are the next important factors to affect the cost.

The insurance company has the power to set the price but you can also control some variables. If you want lower rate, you can choose less valuable car or improve your driving record. The most important thing is do your homework with requesting quotes from several companies and find the cheaper rate in the same coverage.