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What affects ones car premium insurance?

Updated: 9/21/2023
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Wiki User

12y ago

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Driving record (i.e. claims history, traffic violations), credit score, location vehicle is kept and driven, (Say you live in a rural area, the rates will be lower than the city because the risk is lower with less traffic-If you live in Wisconsin, I guaranty from personal experience, the rates are much higher in Texas), driving record of any one else using car.

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12y ago
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Q: What affects ones car premium insurance?
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Which of the following affects one's car insurance premium?

Age of the driver.


What is a car insurance premium?

A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.


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Gross Premium is the Total premium indicated to be charged.


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In 2009 the average auto insurance premium for residents in Maryland is $2,295.


How much is mustang insurance?

They say that they're insuring the car, but it is more the owner/driver that affects the premium. I recommend you this site where you can compare quotes from different companies: mycheapinsurance.net


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no


Can you be added to your parent's car insurance?

Yes, it is possible to be added to your parent's car insurance, but there may be an extra premium to be payed.


Can you get car insurance on your car without a drivers license?

Yes, insurance is designed to protect the car as well as a driver. If you are not driving it at all, then the insurance premium should be lower.


Does insurance cost more on new car than old?

Yes, if you take out collision and comprehensive insurance. The more the car is worth the higher the insurance premium.


What companies in Ohio offer car insurance for bad drivers?

You can get a free quote for you car insurance from safeauto.com. Simply select your state and fill out the application. If you have had a car accident before, or you are likely to have an accident, your premium may be higher, so you might want to choose an insurance company with a lower premium.


How can you get car insurance coverage without paying full year premium after cancellation?

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Will car insurance premium increase if you pay a premium renewal one day late?

Usually not. However, insurance companies can charge late or reinstatement fees if you pay late.