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Do You Know What Determines Your Auto Insurance Rates?

Auto Insurance Rates

When looking for the right auto insurance in Atlanta, GA, it can be easy to get confused with the differences in price. While there is no way to completely avoid paying for your auto insurance coverage, knowing what factors help to determine your cost can help to make sure that you are paying the right price. Some of the most common factors that are used when an auto insurance company determines your car insurance rates include:

  • Your age ? younger drivers tend to make riskier choices while behind the wheel, which means that they have some of the most expensive auto insurance rates. Luckily, when you celebrate your 25thbirthday, you can start to watch your car insurance rates drop.
  • Your gender ? statistics have shown that women tend to be safer drivers than men, leading to lower rates.
  • Driving record ? the spottier your driving record is, the more of a risk you are considered, which will raise your car insurance premiums. The fewer tickets and accidents that are on your record, the more you will be able to benefit from lower payments.
  • Credit score ? auto insurance companies will take a look at your credit score when determining your premium costs. If you have a higher credit score, you are considered more responsible, and will get to benefit from lower rates.
  • Your car ? typically, the less expensive your car is, the less expensive your monthly auto insurance payments will be. Your auto insurance company will also look at your car?s engine size and any safety features when determining your premiums.

Contact?the independent insurance professionals at Velox Insurance in Atlanta, Georgia for all of your car insurance needs. We will work with you to make sure that you have the best car insurance policy rates for your specific situation to keep you safe on the road.

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