What Causes Auto Insurance Rates to Increase?

On SafeAuto’s blog, the leader in affordable auto insurance rates is always trying to inform its readers about insurance and driving tips. In one of our most recent blogs, we tapped into the interesting topic of how an insurance company determines their average auto insurance rates.

To go more in-depth from the previous post, we will notify our reader on what exactly causes auto insurance rates to increase.

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Average auto insurance rates can be based on a variety of factors (see list below). While some of the determining factors for auto insurance rates might not seem fair (such as age), there is heavy statistical analytics that go into each and every factor.

  • Traffic Tickets
  • Driving Record Points
  • Auto Claims
  • Occupation
  • Marital Status
  • Gender
  • New Cars Versus Used Cars
  • Driving History
  • Age
  • Auto Accidents

For example, if a teen driver recently received a speeding ticket, there is a high probability their auto insurance rates will increase. This isn’t always the case though, which is why we encourage drivers to verify their insurance rates by getting a free auto insurance quote from SafeAuto.

If you are unfamiliar with SafeAuto’s quoting process, this will provide drivers with valuable information. You will receive a free quote, which will give you a better sense of your average monthly car insurance rates & payment. Drivers will be able to grasp whether or not they were affected by the variety of factors that can impact auto insurance rates.

Of course, if you have any additional questions on what causes your auto insurance rates to increase, you can call 1-800-SAFEAUTO and speak with a qualified customer service representative, who will be available 24/7 to answer all of your questions!

Until next time, Drive Safe. Spend Less.