What car insurance rates? affects KNOW THE FACTORS AFFECTING CAR INSURANCE PREMIUMS AND LEARN WAYS TO HELP LOWER INSURANCE COSTS. YOUR DRIVING RECORD You pay one amount for car insurance, your best friend pays another and your neighbor pays still another amount. What gives? Most insurance companies look at a number of key factors to calculate how much you'll end up paying for your car insurance. *Some insurers increase premiums for cars more susceptible to damage, occupant injury or theft, and they lower rates for those that fare better than the norm on those measures. Drivers who cause accidents generally pay more than those who have gone accident-free for several years. If you've been accident-free for a long period of time, don't get complacent. Remain cautious and maintain your good driving habits. If you are insured and accident-free for 3 years, you may qualify for a State Farm accident-free savings. What are ways to help lower car insurance premiums? Dropping unnecessary coverage, increasing your deductible or reducing coverage limits may help lower insurance costs. Your insurance agent can share the pros and cons of these options. Take a closer look at these factors that affect your car insurance premium to clear things up some of them also come with bonus suggestions for keeping costs down. Factors that affect car insurance rates YOUR POLICY AND DEDUCTIBLES When you are choosing your car insurance deductible and coverages, the specifics play a role in your monthly payment. Generally, choosing a higher deductible means a lower monthly payment. Choosing a lower deductible means a higher monthly payment. Any additional coverage you add typically gives you added insurance protection, depending on the claim, but will also add to your monthly cost. One way to lower insurance costs is to review your policy with your insurance agent and eliminate any coverage you may not need, such as comprehensive coverage on an older vehicle, rental reimbursement or emergency roadside service. WHAT YOU DRIVE Car insurance providers often develop vehicle safety ratings by collecting a large amount of data from customer claims and analyzing industry safety reports. They may offer discounts to auto customers who drive safer vehicles. The opposite can apply for less safe rides. Driving vehicles that rate highly in terms of driver and passenger protection may mean savings on insurance. So, before you head down to the dealership, do some research on the car you want to purchase. Does the vehicle that has caught your eye have strong safety ratings? Is this specific model often stolen? Knowing the answers to a few simple questions can go a long way toward keeping your rates low. HOW OFTEN, AND HOW FAR, YOU DRIVE People who use their car for business and drive more miles in a year pay more than those who drive less. The more miles you drive in a year, the higher the chances of a collision-regardless of how safe a driver you are. To help offset how much you drive, consider joining a car or van pool, riding your bike or taking public transportation to work. Insurance rates may be lower you drive fewer miles. Check with your insurance company about a discount for driving less. Usage-based car insurance like Drive Safe & Save by State Farm® provides a personalized discount based on how the vehicle is driven and the miles driven by using telematics information from your car or smartphone. WHERE YOU LIVE Generally, due to higher rates of vandalism, theft and collisions, urban drivers pay more for car insurance than those in small towns or rural areas. And even though you can't rewrite your driving history, having an accident on your record can be an important reminder to always drive with caution and care. As time goes on, the effect of past accidents on your premiums will decrease. YOUR CREDIT HISTORY Certain credit information can be predictive of future insurance claims. Where applicable, many insurance companies use credit history to help determine the cost of car insurance. Maintaining good credit may have a positive impact on your car insurance costs. YOUR AGE, SEX AND MARITAL STATUS Accident rates are often higher for drivers under age 25, especially single males. Car insurance prices in most states reflect these differences. If you're a student, you might be in line for a discount. Most car insurers provide discounts to student drivers who maintain good grades. 1 y se NY pat 30% In some states, younger drivers are also able to take driver safety courses like Steer Clear® by State Farm that could lower your premium. Overall, it doesn't hurt and might very well help. State Farm TM Providing Insurance and Financial Services You can also check with your insurance company to see if they have a telematics program, like Drive Safe & Save from State Farm.1 These usage-based car insurance programs record how you drive and the miles you drive. The safer a driver you are, the more you may lower your car insurance. Other typical discounts include those for good students, children no longer driving while away at college, insuring multiple vehicles, installing anti- theft devices, taking defensive driving courses and accident-free driving. See your local agent for a full list of discounts. *Using one insurance company for multiple insurance policies can lower your total costs. Combining the purchase of an auto policy with the purchase of a home policy, sometimes called bundling, can save you money. Finally, as always, it's a good idea to talk to your State Farm agent about what policies are best for you and your situation. d Jennifer Johnsen Nazareth, Agent 1810 Mt. Nebo Rd Sewickley, PA 15143 Bus: 412-741-1600 www.seejennifer.com State Farm Home Office, Bloomington, Illinois 61710 Because insurance protection is a contract any coverage descriptions in this article are general only and are not statements of contract. All coverage are subject to all policy provisions, including applicable endorsements State Farm (including State Farm Mutual Automobile Insurance Company and its subsidiaries and is not responsible for and does not endorse or approve, either implictly or exploty, the content of any third party sites hyperlinked from this page State Farm has no discretion to after update or control the content on the hyperlinked third party site Access to third party sites is at the user's own risk, is being provided for informational purposes only and is not a solicitation to buy or sell any of the products which may be referenced on such third party What car insurance rates ? affects KNOW THE FACTORS AFFECTING CAR INSURANCE PREMIUMS AND LEARN WAYS TO HELP LOWER INSURANCE COSTS . YOUR DRIVING RECORD You pay one amount for car insurance , your best friend pays another and your neighbor pays still another amount . What gives ? Most insurance companies look at a number of key factors to calculate how much you'll end up paying for your car insurance . * Some insurers increase premiums for cars more susceptible to damage , occupant injury or theft , and they lower rates for those that fare better than the norm on those measures . Drivers who cause accidents generally pay more than those who have gone accident - free for several years . If you've been accident - free for a long period of time , don't get complacent . Remain cautious and maintain your good driving habits . If you are insured and accident - free for 3 years , you may qualify for a State Farm accident - free savings . What are ways to help lower car insurance premiums ? Dropping unnecessary coverage , increasing your deductible or reducing coverage limits may help lower insurance costs . Your insurance agent can share the pros and cons of these options . Take a closer look at these factors that affect your car insurance premium to clear things up some of them also come with bonus suggestions for keeping costs down . Factors that affect car insurance rates YOUR POLICY AND DEDUCTIBLES When you are choosing your car insurance deductible and coverages , the specifics play a role in your monthly payment . Generally , choosing a higher deductible means a lower monthly payment . Choosing a lower deductible means a higher monthly payment . Any additional coverage you add typically gives you added insurance protection , depending on the claim , but will also add to your monthly cost . One way to lower insurance costs is to review your policy with your insurance agent and eliminate any coverage you may not need , such as comprehensive coverage on an older vehicle , rental reimbursement or emergency roadside service . WHAT YOU DRIVE Car insurance providers often develop vehicle safety ratings by collecting a large amount of data from customer claims and analyzing industry safety reports . They may offer discounts to auto customers who drive safer vehicles . The opposite can apply for less safe rides . Driving vehicles that rate highly in terms of driver and passenger protection may mean savings on insurance . So , before you head down to the dealership , do some research on the car you want to purchase . Does the vehicle that has caught your eye have strong safety ratings ? Is this specific model often stolen ? Knowing the answers to a few simple questions can go a long way toward keeping your rates low . HOW OFTEN , AND HOW FAR , YOU DRIVE People who use their car for business and drive more miles in a year pay more than those who drive less . The more miles you drive in a year , the higher the chances of a collision - regardless of how safe a driver you are . To help offset how much you drive , consider joining a car or van pool , riding your bike or taking public transportation to work . Insurance rates may be lower you drive fewer miles . Check with your insurance company about a discount for driving less . Usage - based car insurance like Drive Safe & Save by State Farm® provides a personalized discount based on how the vehicle is driven and the miles driven by using telematics information from your car or smartphone . WHERE YOU LIVE Generally , due to higher rates of vandalism , theft and collisions , urban drivers pay more for car insurance than those in small towns or rural areas . And even though you can't rewrite your driving history , having an accident on your record can be an important reminder to always drive with caution and care . As time goes on , the effect of past accidents on your premiums will decrease . YOUR CREDIT HISTORY Certain credit information can be predictive of future insurance claims . Where applicable , many insurance companies use credit history to help determine the cost of car insurance . Maintaining good credit may have a positive impact on your car insurance costs . YOUR AGE , SEX AND MARITAL STATUS Accident rates are often higher for drivers under age 25 , especially single males . Car insurance prices in most states reflect these differences . If you're a student , you might be in line for a discount . Most car insurers provide discounts to student drivers who maintain good grades . 1 y se NY pat 30 % In some states , younger drivers are also able to take driver safety courses like Steer Clear® by State Farm that could lower your premium . Overall , it doesn't hurt and might very well help . State Farm TM Providing Insurance and Financial Services You can also check with your insurance company to see if they have a telematics program , like Drive Safe & Save from State Farm.1 These usage - based car insurance programs record how you drive and the miles you drive . The safer a driver you are , the more you may lower your car insurance . Other typical discounts include those for good students , children no longer driving while away at college , insuring multiple vehicles , installing anti theft devices , taking defensive driving courses and accident - free driving . See your local agent for a full list of discounts . * Using one insurance company for multiple insurance policies can lower your total costs . Combining the purchase of an auto policy with the purchase of a home policy , sometimes called bundling , can save you money . Finally , as always , it's a good idea to talk to your State Farm agent about what policies are best for you and your situation . d Jennifer Johnsen Nazareth , Agent 1810 Mt. Nebo Rd Sewickley , PA 15143 Bus : 412-741-1600 www.seejennifer.com State Farm Home Office , Bloomington , Illinois 61710 Because insurance protection is a contract any coverage descriptions in this article are general only and are not statements of contract . All coverage are subject to all policy provisions , including applicable endorsements State Farm ( including State Farm Mutual Automobile Insurance Company and its subsidiaries and is not responsible for and does not endorse or approve , either implictly or exploty , the content of any third party sites hyperlinked from this page State Farm has no discretion to after update or control the content on the hyperlinked third party site Access to third party sites is at the user's own risk , is being provided for informational purposes only and is not a solicitation to buy or sell any of the products which may be referenced on such third party