How much does distracted driving affect your rate? Getting caught texting or watching Youtube using your cell phone while driving will raise your insurance rate by an average of 23% ($356) — and in some states much more than 63%. The cost for distracted driving has increased notably in recent years as insurers learn more …
How much does a Distracted Driving Ticket Affect your Auto Insurance? Read More »
Speeding Tickets If you’ve get a speeding ticket in Arizona recently, you’re probably wondering if you’ll see an increase in your car insurance rates. Yes, you’ll likely pay more for car insurance after being convicted of speeding. The faster you’re speeding, the greater the impact a ticket will have on your insurance rates. Insurers also significantly penalize drivers …
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A Speeding Ticket May Increase Your Auto Insurance 30% Your driving record impacts significantly what you pay for auto insurance, and some traffic violations and claims are much more costly than others. No matter which state you live in, there will be at least a 29% increase in auto insurance premiums if you are caught …
How Much do Accidents, Traffic Tickets and Claims Affect your Auto Insurance? Read More »
Your Job Title Affects the Price You Pay Believe it or not, your job can affect what you pay for car insurance. Drivers who are employed full-time save about $23 on car insurance annually, and active duty military personnel get an average discount of about $21 over employed civilians. Several states don’t include employment as a car …
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The Benefit of a Higher Education Nationally, drivers can save on car insurance as they reach higher levels of education. Historically, this difference has been negligible. However, this year a driver with no high school diploma is paying an average of $60 more a year than a driver with a Ph.D., which is up from only $39 …
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Homeowners pay less for Automobile Insurance Nationally in the US , renters pay about $29 more a year for car insurance than homeowners or condo owners (regardless of whether or not they choose to bundle policies). Bundling home and auto insurance may lead to a savings of about $153 a year. Connecticut homeowners see the …
Married Couples get a Cheaper Rate When single people get married, their car insurance rates drop about 7.3%, saving roughly $104/year. And when they get divorced, their rates shoot back up to those of a single person. In all but 13 states, single and divorced people have the same rates — in 10 states divorced people pay more. …
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In Many States Women pay More than Men for Insurance. Nationally, the difference between what women and men pay for car insurance is insignificant (less than 0.1%). Interestingly, in 20 states women pay more than men, and in 25 states men pay more than women.Oregon has the highest difference in average annual premiums, at nearly 6%, and …
Why does your credit score affect what you pay for car insurance? Credit can have a significant impact on car insurance rates. In fact, drivers with very poor credit pay 69% ($1,537) more for car insurance than drivers who have exceptional credit. California, Hawaii, Michigan, Massachusetts and Washington don’t allow credit as a ratings factor, so there is …
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Auto Insurance Rated Based on Who You Are Car insurance companies correlate a driver’s age to their risk. Young, inexperienced drivers and older drivers with bad habits are more likely to get in an accident so they pay higher rates.
