123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Car Insurance Rates

Profile Picture
By Author: Brenda Williams
Total Articles: 32
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The car insurance rates are dynamic in nature. As such there is a need to keep track of the fluctuations in the car insurance rates. Here, we discuss a few criterions which directly or indirectly decide the car insurance rates. Also by this you will have an idea on how to find the best car insurance rates. So, read on.

The age of the driver influences the amount of insurance premium that is to be paid; it is because a mature person is less prone to accidents than a younger person. The insurance payment is also effected by the gender of the person (since it is a commonly observed situation that younger men are more susceptible to accidents). A person with a good driving record over some time is subjected to less insurance payments and he is also entitled to some discounts and special deals; while if it the other way round then, more insurance payments will be required. The reliability or expertise of a driver is judged by his driving experience. The insurance company charges less from an experienced driver.

The credit score is an important aspect to be considered in case of fixing the car insurance rates. Your ...
... credit score determines your responsibility in paying the premiums. Your account history, repayments, debts, bill payment etc. are considered to decide the credit score. Usually, those owning an expensive car are charged more, since the chances of an expensive car being stolen is higher and also it is more costly to be replaced or repaired. When there are more than one driver driving the car and they are covered under insurance, then there is a greater chance of damage and hence more premium is charged. Again, when you want to insure more than one car, there are lucrative discounts being offered, but if each is insured separately, and then it is more expensive.

There are a number of online forums which keep you updated on car insurance rates.

Total Views: 229Word Count: 327See All articles From Author

Add Comment

Insurance Articles

1. How Brokers Can Help You In Choosing The Best Health Insurance Plan
Author: Financeadvisors

2. Checklist While Buying Life Insurance Through An Intermediary
Author: Joffry Daniel

3. Overcoming Insurance & Reimbursement Barriers In Mental Health Practices
Author: 247 medical billing

4. How To Choose The Right Health Insurance Plan: A Step-by-step Guide
Author: Financeadvisors

5. Physical Therapy Cpt Codes: Complete Guide For Correct Billing & Reimbursement
Author: 247 medical billing

6. Wood Vs. Metal Piccolo Instrument: Which Is Right For You?
Author: musicinstrumentsins

7. Navigating Pdpm Updates: How Snfs Can Optimize Reimbursement
Author: 247 medical billing

8. Understanding The Coverage Options In Viola Insurance
Author: micheljordan4

9. Switching Health Insurance Plans: Your Complete Guide
Author: FinanceadvisorsUK

10. The Benefits Of Having Oboe Insurance For Students And Professionals
Author: musicinstrumentsins

11. How Recording Studios In New York City Mix Vintage Gear With Modern Tech
Author: victor12johnson

12. A Quick Guide To Saxophone Insurance For Musicians
Author: micheljordan4

13. Cpt Code 97530: Maximizing Reimbursement For Functional Activity Training In Rehab
Author: 247 medical billing

14. Is Private Health Insurance Worth It In The Uk?
Author: Financeadvisors

15. Icd-10 Codes For Skin Tag Removal: Complete Billing Guide For 2025
Author: 247 medical billing

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: