| Insurance companies typically consider factors such as where you live, the kind of car you drive, your age and gender, the level of coverage you want and your driving record to name a few. The last two factors have the biggest influence on the premium you pay, although all are important. Furthermore, insurance companies typically use statistical history to determine current rates and rates are based on the amount needed to pay all claims and company business expenses. The impact depends on the amount of damage in the accident, if it was your fault, or the type of traffic violation. Most companies offer safe driver programs and do charge higher premiums for drivers who have accidents or receive traffic violations. This information is meant for suggestive purposes only and is not meant to be taken as fact or law. |