Factors That Impact Your Automobile Insurance Premium By Shay Wes

These days consumers want more effective ways to save hard-earned dollars on their expenses. Your vehicle insurance bills are no exception to this. Knowing the factors that determines your vehicle insurance rates and premiums will give you a bigger chance of managing your insurance bills, and can save you hundreds - if not thousands - of dollars every year.

Your Age, Gender, And Where You Live

Senior drivers are less capable of avoiding automobile accidents, due to the effects of aging. Teenagers have the biggest risk of all. Males are also statistically shown to get caught up in more collisions, and if you live in a metropolitan area, you're more likely to get caught up a collision.

Driving History

A person's driving record is one of the most important factors that automobile insurance companies refer to when determining and assigning risk ratings and premiums. Those who have had a good driving record within the past three to five years can anticipate getting the most affordable vehicle insurance rates possible.

Car Insurance Claims History

The number of times you file an vehicle insurance claim (either with your current or old provider) says much about the amount of risks you're exposing yourself to. Consequently the provider would categorize you as a high-risk if you are frequently filing claims, even for the most minute of accidents. Choose when to file a claim carefully.

The Type of Car You Drive

The make and model, the actual market value, and the popularity of the automobile you own will have a huge impact on your premiums. The latest models are more liable to automobile theft and may be very expensive to repair or replace.

Your Credit Record

Credit history is now used by vehicle insurance carriers as a determining factor as to how "risky" a certain driver is. Those who have low credit scores have also been shown to file more vehicle insurance claims, and are therefore viewed as high-risk customers.

Any Discounts You're Eligible to Get

Discounts also affect your final vehicle insurance premiums, albeit in a good way. Always find out about the sort of discounts you're qualified to get to maximize your savings.

Safer Driving Tips to Lower Car Insurance Premiums By Alex Gregory

The Government has put forward a number of proposals on the back of a road safety consultation focusing on reducing road deaths and reforming the driving test. Driving in a safer manner will not only keep drivers more secure but it can also lower their car insurance premiums.

Being a safe driver and enjoying cheap car insurance go hand in hand. Insurers base premiums on risk and if your driving record shows that you are a competent driver with no previous motoring convictions and years of no-claims then chances are you will be rewarded with a competitive deal.

So how can you drive in a safer manner and earn cheaper rates? Here are some tips:

- Avoid lane hogging: If you're driving on the motorway don't sit in the fast or overtaking lanes. Once you have passed another car, move back into the slow lane if it is safe to do so to prevent other drivers becoming frustrated by your lane hogging.

- Be aware of the conditions: Keep an eye on the weather before you travel. Make sure you adjust your driving style to the conditions you are presented with - this means slowing down on ice and snow.

- Don't tailgate: Keep a two second gap between your car and other vehicles so as not to appear aggressive and to create plenty of stopping time. Double this distance in bad weather.

- Never drive under the influence: If you're having a night out make sure you can get a taxi home or that you have a designated driver who will stay alcohol free.

- Prepare your journey: Plan a trip ahead so you don't get lost and find yourself on unfamiliar roads which could trip you up with hazards.

- Stay calm: If another driver performs an inexcusable act on the road take a deep breath and count to 10. Don't let road rage get the better of you.