Learning the Factors Affecting Your Rates: 3

Naturally, your driving record has a huge impact on your car insurance rates. Any driving violations are bound to make you pay more. This may refer to a moving violation — i.e., a DUI, DWI, a speeding ticket, a reckless driving charge, and so on — or an accident. Anything like this will put you into a high risk category, and that results in higher premiums. You can be penalized for up to five years with certain companies.

The type of vehicle you drive also affects your premiums. Naturally a cheaper car will cost less to insure than an expensive sports car.

As well, your credit rating plays a big part. If your credit rating is poor or if it is nonexistent, it can put you into a high risk group.

Even your occupation and education can play a part in what you pay.