1st Cars Online

How Your Auto Insurance Rates Are Determined




AUTO ACCIDENT INSURANCE CAIM Getting Reimbursed For Your "Pain And Suffering"
You?ve had a motor vehicle accident some time ago when a local character by the name of Fred Fuddle smashed into your rear end .....
Your auto insurance rates are determined by a number of factors:

  • driving record
  • usage, how you are using the vehicle, work, pleasure, business
  • how many drivers you have and their ages
  • how many vehicles you have
  • what kind of coverage limits you want
    Carlisle Auto Show
    The auto warranty is something everyone thinks about when they are purchasing a car, but few of these people realize that .....
  • what area you live in
  • your payment history
  • what color car you drive
  • your insurance credit score
  • your claims history
  • your occupation and how many years you have lived at your current residence
    Auto Car Shipping Transport
    Auto insurance is a form of insurance available to consumers who own cars, trucks and other vehicles. It covers the insured party against the risks .....
  • how fast you can solve a Rubix cube
  • your daily, weekly, annual mileage


There is a lot of information about you that is used to determine your rates. You are grouped or pooled together with similar drives of the same background that way you are not paying for drivers that are much worse than you.

Similar risks will pay similar rates.

Your usage affects your rates because if you are driving to and from work or school 5 days a week, 15 miles one way you have a higher chance of getting in a accident than someone who only drives 1 mile 1 way 3 days a week or someone who works from home and only drives to get groceries. So business, work, and school usage is higher than pleasure usage.
Volvo 140 Owning Up To Its Personal Space In Automobile History
In its own history, Volvo is a Swedish world leading manufacturer of commercial vehicles, buses, and construction equipment, drive systems for marine .....

The area you live in affects your rates due to the fact that one area or town may have a higher incidence of claims than another area. One area may have higher lawsuit payouts or higher theft rates than another area. Even if you live in a affulent area your rates may be higher due to the higher value vehicles in your area cost more to fix than in an area with lower value vehicles.

Although you may have heard that if you drive a red car you will pay higher rates but this is not true. It is a myth. GEICO, USAA (For Military Only), and Allstate, to name a few, don't even ask what color car you drive when you apply for a quote. And your VIN number doesn't give this info either.

If you have one car and three drivers you will pay more because that car will get used alot more than if you had only 1 driver and 1 car.

Auto Security System
Deciding on an Auto Security System

Protecting a home is extremely important because .....
If you have had a poor payment history or your policy has cancelled due to non payment you will have higher rates when you try to reapply for insurance.

The higher your insurance credit score the better. The insurance credit score is similar to your FICO credit score such that the higher your FICO score the lower your interest rate and the higher your insurance credit score the lower your insurance premium.

Auto Zone Car Part
Accident comes in the most unexpected manner. All of a sudden, you will just feel the collision of another vehicle into yours. You hear .....
Your claims history will affect you for a minimum of 3 years. If you have filed a claimed or if you even mentioned a claim to your insurance company it can and most likely will affect your rates.

The articles and content provided on this website have been contributed by guest authors, and may not reflect the views, opinions, thoughts or beliefs of http://www.1stcarsonline.com/ or its staff. We are not responsible for copyright infringements by columnists, writers and authors. We do not necessarily endorse or promote the services, advice or products by, from and mentioned by any authors, writers or columnists. http://www.1stcarsonline.com/ will not be liable for any loss or damage suffered by a user through the user's reliance on information and advice gained through the articles, interviews, stories, columns, and any and all writings viewed on this website.