Factors Affecting Car Insurance Rates

As a customer or buyer we always want to get policy in low cost with the better services as per our need. But as an Insurer, Insurance company will look over many things before determining our policy rates. So, Insurance company has its own rules about determining rate. Even when you order online insurance quote online these factors will be viewed to determine your insurance rate and its premium amount. In this article I had tried to list out the main factors affecting our Car Insurance Rates .

Major factors are:

• Your Car: Firstly Insurer will see how much it would cost for repairing or to replace it, the more repairing cost more cost for insurance. whether you are using it for personal or business purpose also affect your policy rate. Other thing is safety feature on it also differ rate.
• Driving Records: Having a fewer accidents records and other traffic violations will lower your rate.
• Your Address: The parking place and living place also affects the insurance quote rates.