Many people are afraid of taking insurance. They keep asking how much is car insurance a mouth. They worry when they cannot afford it. Can you afford?
Actually, you don’t have to come to the car insurance company to find out how much you have to pay for car insurance. You can take the advantages of internet. Almost all insurance companies provide online consultation. Even, everybody can estimate how much the car insurance that they need to pay.
Car insurance rate is determined by the following factors.
– The Car
The first factor that determines how much money you have to pay for the insurance company is a car you buy. The most expensive car you buy, the most expensive rate for the insurance.
– The Place
Where do you live? Particular place decides different rate. The company has estimated the rate based on the factors like the risk of having car accident in certain place, the crime level, and many others.
– The Use
Do you use your car almost every day? Be ready to get high rate. When you use your car so often, for instance you always commute by driving your own car every day, the risk of having accident is high. The car insurance rate is high as well. It is different when you seldom use the car. You might drive your car in every weekend. Meanwhile, for work, you commute by public transportation.
– Driving Record
Have you ever done traffic violation or bad car accident in the past? When the answer is yes, the company will give you high rate. It is driving record. Someone doesn’t need to pay so high rate when he has clean driving record. He never does violation, get the speeding tickets, and have car accident.
– The Policy
Every car insurance company gives policy. Possibly, between one and another company has different policy. Make sure that you read it carefully. It is related with what area will be covered when something bad happen on the road.
In this case, there is one thing named with deductible. It is the thing that the company doesn’t need to cover but you pay from your own pocket. For instance, when you get a car accident, you pay by yourself for the medical cost. Meanwhile, the damage is covered by the company. This deductible makes your car insurance rate low.
In short, how much is car insurance a month is determined by a lot of factors. So, don’t be in hurry to choose the insurance.