For many, auto insurance is a bit of a mystery. We know that we are required to carry it. We know we don't like paying for it. We may even have been glad to have had it when we needed it for an auto body and collision repair. But how are our car insurance rates rates determined? Let's take a look at the big factors involved in determine those auto insurance rates.
Where You Live
What state you live in will make a dramatic difference in what you pay for auto insurance. For example, the national average for annual car insurance is just over $900. Here in Minnesota it is just over $1,300 annually. If you think that is discouraging, you should know that auto insurance in West Virginia and Michigan is over $2,500 annually. Idaho, Oregon, Utah and Wisconsin have the cheapest rates at a $500-$600 annual average. Of course, other factors will affect the rates you pay.
Your Age
If you have a teenage driver in your family you know the impact age can make on auto insurance rates. This is due to the fact that young, inexperienced drivers are more likely to need an insurance repair on a vehicle. Rates are generally the least expensive between the ages of 50-55. In fact, rates can be 4 times or more less expensive at this age than when a teen.
Driving Record
If you are a bad driver you will pay for it. You will pay at your auto body and collision shop, pay at the courts in fines and court costs, and pay in increased insurance rates. If you live in the Minneapolis, St. Paul, Twin Cities area, you can best control your insurance costs by driving safely.
Your Gender
While not dramatic, especially as we get older, gender can have an impact on auto insurance rates. Females tend to pay less when younger, males just slightly less as they get older.
Minneapolis Auto Body and Collision Repair
If you've been involved in an auto accident in the twin city area, count on Suburban Auto Body for your auto body and glass repair. We'll work with your insurance carrier to assist with claims. We offer free estimates, a lifetime warranty and even courtesy cars. You may not appreciate paying for auto insurance, but when it's needed, you be glad you had it. You'll also be glad you chose Suburban Auto for your car crash repair.