In the modern over-saturated auto insurance market choosing the right auto insurance package could be very challenging. auto insurance offers excellent info on this. Some insurance carriers proudly offer the cheapest insurance packages, others try to overwhelm you with impressive array of services and features they offer. But it’s not always the cheapest price nor the richest set of services that you should be concerned of – it’s the ever moving right combination of best price AND the best coverage which you have to try to achieve.

Below are the main factors that will define your individual auto insurance premiums.
Driver’s Age.
Insurance rates for too young and too senior drivers are usually noticeably higher than for the average-age drivers. These two categories of drivers are considered to incur a higher risk of traffic accidents and therefore are more expensive for insurance providers.

Driver’s Gender
This factor would make the feminist movement very happy – male drivers usually pay higher insurance premiums than females! The reason – statistics shows that men are more likely to drive aggressively than females and hence they are more risky for insurers.

The Age and Condition of Your Vehicle.
Brand new cars are more expensive to repair; this can drive the insurance package price up. Also, speedy sport cars are more accident-prone and therefore have higher insurance rates.
Do You Legally Own the Car You Drive
If you drive your car regularly but don’t legally own it – for example, the car you drive is from lease or the car was purchased by you but is not paid off yet – you might be requested to buy more than just liability coverage insurance. The more expensive package of Collision Coverage plus Comprehensive Coverage is often required in these cases.

Average Miles You Drive Daily.
Cars used sparingly, say – only 5-10 miles a day – understandably introduce a lesser risk of traffic accidents and therefore are cheaper than the cars which make 150 miles every day.

Deductible You are Willing to Pay.
A deductible is your co-pay in the case of an auto accident. The higher your deductible is – the more losses you are willing to share with the insurance company and the lower your insurance package price will be.

Your Driving Record.
Drivers with no tickets or accidents always pay less.