Getting an auto insurance quote is not a very easy task, as there are hundreds of companies providing different schemes. One should always do their home work first and then choose an insurance cover best suited to them. This plan has to start even before you buy your car.
Here are some points that determine the auto insurance quotes:
1. The Condition Of Your Car
It is a very important factor, better the condition of your car, lesser will be your insurance premium. A well maintained car is less likely to be involved in damages and accidents.
2. Your Driving Records
Insurance companies are more comfortable with safe drivers. If you have a neat driving record, you are more likely to sign on a lesser premium amount. On the other hand, if you are prone to accidents, you will probably get involved in accidents often and keep making claims. This results in a higher premium.
3. Your Age, Sex And Health
Your age and health condition is also a very important factor in determining the insurance amount. It is believed that young drivers are usually very fast and so get hit more often. Hence, they are at a bigger risk of accidents. Also, if you suffer from chronic health problem, then you are not good enough to be insured. In both of these cases, the premium amount increases many fold. However, there are specialized sites and companies providing low quotes to young, aged or ill drivers.
Also, the insurance industry is of the view that women drivers are safer than men, hence they get into fewer accidents and make lesser claims. So, if you have a woman in your insurance list, cheaper will be your quote.
4. Registration Area Of Your Vehicle
The safety of the area of your car registration is also significant as it determines the threat of theft or vandalism. Registration in a suburban city is recommended for cheaper insurance quotes. It helps if the building where your car will be parked most of the time is well protected.
5. Your Car Model
If you are planning to buy a big flashy car with a huge engine, you’ll end up with a massive auto insurance quote. Such a car is more prone to accidents, damages and vandalism, so more claims may be placed for them.
It is also advised to avoid buying an imported vehicle, as the repair costs associated with it will be high. This too will seek high premiums.