Getting the cheapest car insurance may seem like a trick that only a small number of people can do. This isn’t true, though. It really isn’t that hard to do if you understand how your insurance rates are decided upon.
Your insurance company will look into your driving history, your personal situation and your insurance history. They will be looking at things like:
- Your age
- Your marital status
- The number of claims you have filed
- Your prior insurance coverage
- Where you live
- Your credit history
- Vehicle type
Now some things the company checks are out of your control, like your age, but others are things you can control and that you should control, like the number of claims you file. Ideally, you want to make sure that your credit is in good shape, that you don’t file claims too often and that you never allow a gap in your insurance coverage. When you control some of the factors that affect your rate, you can actually save quite a bit of money.
Understanding how your insurance rates are determined is one of the best ways to get the cheapest car insurance possible. While you can’t change your history, you do have control over some things that could help you get lower rates.