The following are the typical factors auto insurance companies consider during the evaluation of your premium:
- Driver information – personal information like your age, gender, and marital status may affect your premium. Less experienced or younger drivers are more likely to pay a higher premium than experienced drivers.
- Coverage limits – higher coverage means a higher premium.
- Credit history – another deciding factor for insurance carriers is your credit history like total credit and credit card transaction history.
- Driving record – expect that your past driving tickets and accident history will be factored in calculating your premium.
- Household driving information – since most vehicle insurance covers your entire household, your family’s driving information and record will also help determine your coverage premium.
- Location – your area may also affect your premium; larger cities have more instances of theft, vandalism, and traffic which adds to your risks.
- Type of vehicle – some vehicles are riskier to have than others and will cost more to repair or replace.
- Vehicle usage – the distance you travel to and from work and the mileage on your vehicle may also affect the premium.
We see you as a person, not just a client – and that makes us better at what we do. We listen. We learn your story. And, as we help you get the money you deserve, we go above and beyond in a way most law firms never could and never would. Because we’re not just lawyers. And you’re not just a client. We’re friends, neighbors, family. We’re all people and here at Mike Agruss Law, we put people first.