Many factors can affect the premium you will pay for your car insurance. Typically, the higher risk associated with a person, the greater the cost your auto insurance will be. Some of the risk factors that insurance companies consider when determining your car insurance rates are listed below.

• Age: statistically, people under the age of 25 pay higher rates than those over 25. The safest drivers are those aged 50-65.
• Gender: men are generally considered a higher risk for accidents than women.
• Marital status: a married person will generally pay less than a single person with an identical driving record.
• Geography: high traffic and urban areas tend to be more of a risk than rural and less populated towns. Additionally, if your neighborhood is considered a high crime area, it is likely that the insurance company will see this as a higher risk.
• Driving record: violations, or points, on your driving record will cause you to be more of a risk for the car insurance company to insure. Previous accidents will also mean that you are a higher liability. Keep in mind that as your record improves, the opportunity for your premium to decrease improves as well.
• Type of vehicle: a cheaper car generally costs less to insure than an expensive car. A car driven off the dealer’s lot is more expensive to insure than the same vehicle one year old. Some models of cars are more likely to be stolen than others; these lists are routinely published on the Internet and you may want to consult such a list when deciding on your purchase.
• Miles driven per year
• Years of driving experience
• Education: opportunity for discount exists here
• How the vehicle will be used: business or pleasure only.
• Theft protection devices: your car insurance company may offer a discount for such devices on your vehicle.
• Multiple drivers: if you are insuring multiple drivers in one household, it is likely that the car insurance company will offer you a discount.