Stay Informed About How These Factors Can Influence Your Auto Insurance Rates

How These Factors Can Influence Your Auto Insurance RatesFind out what you need to know about auto insurance rates and how they change.

As your life changes, so do your insurance policies. When it comes to your auto insurance, be aware of how your rates may change. Check out these factors that can influence your auto insurance premiums. Here’s what you need to know.

Getting a New Car.

Whether you’re leasing a new car or buying a used car, when you change the type of vehicle that you drive, you can usually expect a change in your auto insurance rates. Various factors such as the age of the car and the safety features of the car can influence the rates. The newer the car, typically the more expensive it is to ensure, but the safer the car, the more affordable it is to insure. Keep in mind that when you get a new car, your rates will likely change.

Adding New Drivers.

Whether you’re getting married or your teen has finally got their driver’s license, when you make changes to the number of drivers on your policy, expect to see some changes in your auto insurance rates. The more drivers on your policy, the more expensive your rates will be. Be ready for these increases so that you’re not blind sighted by the costs.

Moving to a New Home.

Moving is exciting. But along with all the excitement, you need to change your address on all your important affairs, including your auto insurance. When you move, even if it’s down the block, you could see a change in your auto insurance rates. The safer the neighborhood, the lower your rates, whereas rates are a little higher in rougher neighborhoods.

Find out what you need to know about how life changes affect your auto insurance. Ensure that you’re getting the best auto insurance so that you’re well protected. Contact the professionals at Desert Empire Insurance Services, Inc. for assistance with your policies. Located in Palm Desert, California, we serve all your personal and commercial insurance needs.