Car Insurance – Factors which affect rates
If you operate a vehicle, then you are either required to have car insurance or should certainly make sure you are adequately covered. The risk of driving a vehicle without some type of coverage is simply too great to leave it to chance. In choosing car insurance, you will need to evaluate rates from may be offered from different carriers. These rates can vary quite a bit so it’s important to understand how they are affected.
There is usually a good deal of variation on rates for the same amount of coverage. This is because the rates are affected by a variety of factors. Let’s look at some of the key factors:
Type of vehicle insured. The cost of coverage can be greatly affected by the vehicle it protects. Not only is the value of the vehicle an important criteria but the reliability and safety history of the car can play a key rol...Read More