Google+  

4 Things that can Affect Your Quote for Commercial Auto Insurance in Wichita KS

Buying insurance can be a time consuming and confusing process. There are many car insurance companies out there that all offer different policies for different rates. Sifting through all the options is a complicated process. To make it a little easier, you should do your research so that you know you are getting the best deal for your money.

There are a few things that affect your car insurance quote. One of the main factors is your driving record. Insurance companies are much more likely to give a lower quote to someone who is a safe driver rather than a risky one. If you have a great driving record, then it is pretty unlikely that you will get in a car accident. Because means that you are less likely to need money from the insurance company, your premium is cheaper. The more of a risk you are to the insurance company, the more they are going to ask you to pay monthly.

Insurance companies predict the risk that they will have to pay out for an accident that you make. One surprising factor that plays into your premium is your occupation. People who are doctors, lawyers, or real estate agents are considered to be in “higher risk” occupations. Other occupations like teachers, scientists, and accountants are considered to be “low risk” occupations. If you have a lower risk occupation, then you are likely to have a lower car insurance payment.

Along the same lines, education pays a role in how much you pay for commercial auto insurance in Wichita KS. People who have a bachelors or masters degree are less likely to have an accident than people who have a two year or high school degree.

Gender also plays a role in how much you pay for commercial auto insurance in Wichita KS. Women are usually more careful drivers than men. Therefore, they usually have cheaper premiums. They also tend to drive fewer miles than men, which makes their premiums even cheaper.

For some of those factors, there is little you can do to lower your insurance rate. However, modify whichever things are in your control, like the safety of your driving, to get a cheaper auto insurance rate with Andy Woodward Insurance Agency.

Be the first to like.

Be Sociable, Share!
    Shares
    Share This