Appletree Insurance Blog
Car insurance is an important part of a car owner's responsibilities as they cover a lot of unwanted payments for accidents that the owner might commit. It is not the same for all car insurance companies, and this article aims to clarify why some car insurance policies are more expensive than others.
The Average Car Insurance Cost
There are a lot of factors that come into play when trying to determine the average auto insurance cost for a driver. The following are average characteristics of drivers:
With these parameters, the average insurance cost for this profile is around $144 per month, or around $1,732 a year. This can vary depending on the driver’s location, insurance company, and driving record. These rates can go from $1,000 to $2,430 per year.
What Affects Car Insurance Rates?
You have to determine a lot about what affects these rates. That’s why insurance companies usually personalize their rates for different people, depending on many personal and unique factors.
Here are some examples:
Your Driving Record. If you have been into multiple car crashes or accidents, expect yours to be higher than a driver with a clean record. Some insurance rates hike up to 80% of the original price.
Your Mileage. If you take your car out for long commutes to work or school daily, the chances are that your insurance premiums cost more than that of someone who only takes their car for a short leisure drive on the weekends.
Your place of living. Insurance companies look at where you park your car every night to check how prone the place is to risk. The higher the risk, the costlier the insurance.
Several factors affect the price of what you pay for your car insurance. This is very important in determining what insurance company you are buying from.
At Appletree Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (603) 881-9900. Get your free quote today by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!
Licensed in New Hampshire, Connecticut, Florida, Maine, Massachusetts, Rhode Island, and Vermont.
Connect With Us
Share This Page
60 Rockingham Rd Suite 17
Windham, NH 03087
Click Here to Email Us
60 K Street
Boston, MA 02127
Click Here to Email Us
Website by InsuranceSplash