A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
The higher the risk you are to insure, the higher your premium.1 If you fall into the category of a driver who might make any claim—based on your age, driving record, type of car, claims history, car theft in your city, or other factors—the insurance company could charge you a higher premium or decline to cover you.
Drivers paying the highest premiums are single males under age 25 because statistics about millions of drivers demonstrate they have the highest accident rates.2 In contrast, a middle-aged person without a history of claims, accidents, or tickets will likely pay a lower premium. Statistics indicate that this person is less likely to make a claim.
But premiums are also calculated based on a broader increase in claims payment costs. These include rising, inflation-based costs of covering auto repair, theft, fraud, lawsuits, administrative expenses, and finally, medical treatment for those in auto accidents
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
The higher the risk you are to insure, the higher your premium.1 If you fall into the category of a driver who might make any claim—based on your age, driving record, type of car, claims history, car theft in your city, or other factors—the insurance company could charge you a higher premium or decline to cover you.
Drivers paying the highest premiums are single males under age 25 because statistics about millions of drivers demonstrate they have the highest accident rates.2 In contrast, a middle-aged person without a history of claims, accidents, or tickets will likely pay a lower premium. Statistics indicate that this person is less likely to make a claim.
But premiums are also calculated based on a broader increase in claims payment costs. These include rising, inflation-based costs of covering auto repair, theft, fraud, lawsuits, administrative expenses, and finally, medical treatment for those in auto accidents
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
The higher the risk you are to insure, the higher your premium.1 If you fall into the category of a driver who might make any claim—based on your age, driving record, type of car, claims history, car theft in your city, or other factors—the insurance company could charge you a higher premium or decline to cover you.
Drivers paying the highest premiums are single males under age 25 because statistics about millions of drivers demonstrate they have the highest accident rates.2 In contrast, a middle-aged person without a history of claims, accidents, or tickets will likely pay a lower premium. Statistics indicate that this person is less likely to make a claim.
But premiums are also calculated based on a broader increase in claims payment costs. These include rising, inflation-based costs of covering auto repair, theft, fraud, lawsuits, administrative expenses, and finally, medical treatment for those in auto accidents
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.
The higher the risk you are to insure, the higher your premium.1 If you fall into the category of a driver who might make any claim—based on your age, driving record, type of car, claims history, car theft in your city, or other factors—the insurance company could charge you a higher premium or decline to cover you.
Drivers paying the highest premiums are single males under age 25 because statistics about millions of drivers demonstrate they have the highest accident rates.2 In contrast, a middle-aged person without a history of claims, accidents, or tickets will likely pay a lower premium. Statistics indicate that this person is less likely to make a claim.
But premiums are also calculated based on a broader increase in claims payment costs. These include rising, inflation-based costs of covering auto repair, theft, fraud, lawsuits, administrative expenses, and finally, medical treatment for those in auto accidents
A car insurance premium is the amount you pay your auto insurer to protect you and your car. An insurance company determines this amount based on its best guess about your potential to make a claim for reimbursement or to have someone else make a claim due to you causing an accident.
The premium depends on numerous factors, including your selected coverages, driving record, location, and age. You might pay your car insurance premium monthly, every six months, or once a year, depending on your chosen payment plan and how much time your policy covers.