Learn how these factors affect your auto insurance rates.
As a motorist, it’s imperative that you have the right auto insurance. Without the right auto insurance, you’re at risk for serious accidents on the road. However, once you invest in the right insurance, it’s important that you keep track of your coverage. As your life changes, so must your coverage, including your premiums. Check out what to know about what factors may change your auto insurance rates.
Changing People on Your Policy.
Perhaps you’ve gotten married, or your child is leaving the nest. Whether you’re adding or removing drivers from your auto insurance policy, expect to see a change in your rates. Keep in mind that rates can get exceptionally high when adding a teenager onto your policy.
Switching Cars.
As much as you may love or hate your car, you’re not going to have your car forever. It’s important to bear in mind that as you switch your car, your rates will likely change too. The age of your car plays a factor in your auto insurance rates. The older the car, the less you typically pay in insurance. Additionally, the more safety features the car has, the better able you are to get an affordable policy.
Receiving Tickets.
Driving infractions are a serious issue that can result in an increase in your insurance rates. The more ticks and accidents you’re involved in, the higher your insurance rates tend to be. Practice safe driving habits so that you can reduce your risk for a ticket or accident.
When it comes to your auto insurance, it’s important that you’re aware of how life changes affect your insurance rates. Ensure that you’re getting the best coverage so that you can rest easy knowing that you’re protected on the road. The professionals at Phocus Insurance can find you the best policies for your needs. Located in Phoenix, Arizona, we serve all your personal and commercial insurance needs. Contact us for more information.
