When you are looking for auto insurance in Chicago, it can be hard to know what the factors are that affect your rates. Different insurers can put more weight on certain factors than others, but in general, there are a few factors that play a big role in the premiums that you pay for an auto policy.
Your Driving Record
One of the most important factors in what you pay for car insurance is your driving record. When it comes to assessing risk, there is no better predictor than past behavior. If you have tickets and accidents that are your fault on your record, then your insurance premiums are likely to be higher than they otherwise would be.
Your Age
Another major factor in car insurance is the age of the driver. Young, inexperienced drivers tend to have more accidents, meaning they are a higher risk, so insurers charge these drivers a lot more for insurance.
Where You Live
Where you live can play a role in your insurance rates in a number of ways. If you live in a city where car thefts are common, it can cause your insurance premiums to be higher. You also will pay higher premiums if you live in an area where weather damage such as hail is common. And, if you have a long commute to work, it also can affect your rates.
Your Sex
Men tend to pay higher car insurance rates than women. While that may seem unfair, there is data showing that men tend to be more aggressive drivers and exhibit riskier behaviors, which makes them a bigger risk to insure.
When you are looking for auto insurance Chicago residents can trust, it is important to get the best rates, and Accurate Auto Insurance can help.
