Type of Vehicle and Insurance

Type of Vehicle

The amount of your premium will vary according to the make, model, and year of the vehicle you drive. Premiums are higher for cars that are known to break down or get stolen often. How a vehicle is used also affects the cost.


The area where you live has an effect on your insurance premium.  If you live in an area with a high crime rate, your premium will be higher than in areas with a lower crime rate.  City drivers usually pay more than drivers in rural areas because there is a greater likelihood of accidents in the city.

Driver Classification

Drivers under the age of 25 or over the age of 70 have accidents more often so they pay more in insurance premiums. Middle-aged drivers with families are generally considered less of a risk.

Driving Record

Drivers with a record of accidents or traffic violations pay the most in premiums, because they pose the greatest risk.  Younger drivers have a problem because they usually haven’t been driving long enough to establish a good driving record. You can qualify for a lower premium if you complete a driver education course or have good grades.

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