The cost of an insurance premium can be influenced by numerous factors. The following are some of the variables that could impact the cost of an insurance coverage.
Factors that may affect your car insurance premium
- Your age
- Your driving record
- Type of car you’re insuring
- Age of your car
- Types of coverage you choose
- Insurance coverage limits you select
- Where you live and drive
- How much you drive
- Your credit score
Source: Insurance Information Institute
