Auto Insurance Estimate Online - 14 Factors That Determine Price

Auto insurance estimate online read this and learn how easy you can save money by getting an estimate from many different insurance companies online. Many factors are taken into consideration by insurance companies when determining your price. Some of these factors you can change to save money on your estimate.

Now days, there is no reason for not getting the absolute lowest price possible on your auto insurance. If you will take one hour out of your time and spend it shopping for auto insurance online it will be an hour well spent.

Find several auto brokers online and submit applications. These insurance brokers will then search through the companies that they deal with and find the best rate that you are qualified for. Usually within 24 hours but sometimes within minutes you will have quotes from several different companies to choose from.

There are many factors however, that must be taken into consideration by the insurance companies before determining your quote.

1. Bad driving record is a factor.
If you have had several accidents and or speeding tickets and are deemed high risk there are brokers out there on the Internet who specialize in high-risk auto insurance. Look for them as they can generally get you better rates as they will assess your particular situation and present your application to the right company.

2. Safe driving record is a factor.
If you have a good driving record and no speeding tickets you will be eligible for discounts. Be sure to note this on your applications.

3. The type of car you drive is a factor.
If your car is a supped-up Mustang with a 500 hp engine you can be sure that your auto insurance rate is going to be high, extremely high.

4. Driving a family car is a factor.
If you drive a medium-size four-door sedan with a six-cylinder engine that means lower insurance rates.

5. The amount of your deductible is a huge factor.
If you raise deductible to $1000 per accident you can save yourself 40% on the cost of your insurance.

6. Credit score is a factor.
Auto insurance companies will check your credit score before issuing a policy so it would be a good idea for you to check your score before they do.

7. The type of automobile insurance you need is a factor.
If your car is not financed you may want to go with a straight liability policy which will save you 20%. If your car is financed the finance companies will insist that you carry comprehensive insurance to protect their investment.

8. Even your occupation is a factor and taken into consideration.
People in executive jobs pay less for car insurance.

9. Marital status is a factor.
Married people pay less.

10. Age is a factor.
Not much you can do about this one.

11. The number of miles you drive per year is also a factor.
If you drive less than 12,000 miles per year you are eligible for a low mileage discount.

12. The area you live in is a factor.
You are going to pay less for your insurance policy if you are living in a rural area rather than an urban area.

13. Your sex is a factor.
Women pay less for car insurance.

14. Education is a factor.
The more educated you are the less you pay for car insurance.

Take these factors into consideration before you apply for insurance. Auto insurance estimate online is easy to get, but and you will be amazed by the fact that you will get different prices for your auto insurance from every company and that is why it pays to shop and the Internet is a good place to shop for auto insurance.

Pastor Jim Kibler has a extensive background in sales, financial increase and business and was an top producing insurance agent while in college. He has a Christian financial increase blog which specializes in teaching people how to save money and how to earn money. He travels around the country doing Financial Increase Conferences. Jim believes most people are paying much more money than necessary for insurance. To learn more about how to take advantage of even more discounts and save 40% to 50% or more on automobile insurance visit him at Cheapest car insurance.