There are many factors that influence the insurance that car lovers need to obtain to buy new cars on credit. Some people will have as many as four or five cars that need to be insured, these people will be concerned with getting the cheapest insurance quotes possible so that each car can have the insurance it needs. Here are some things that influence the need for auto insurance.

Where do you live

The area you live in is a big factor in determining what insurance car lovers will want. The higher the auto theft crime rate, the higher the risk of having your car stolen. This increases your risk profile and causes your insurance premiums to skyrocket.

Chosen excess amount

If you agree to pay a higher excess amount, the insurance company that writes your policy will be required to contribute less for each claim. This means they can charge you less for your insurance premiums since they won’t pay as much.

Car

If you opt for a cheaper, more reliable and tougher car, your premiums will reflect that and will be lower than if you opt for a big, fast and expensive sports car. This is the biggest problem car insurance lovers have. Car lovers love big, expensive cars.

Consolidating your policies

Insure all your cars and take out all your policies under a single insurance company. You may find yourself online for a loyalty discount or that having all your insurance under one policy is cheaper than doing one at a time.

Storage

Where you store your car when it’s not in use is an important factor. If you have a garage that can be locked securely and is behind a wall or fence, then your car is safer and you will pay less in your premiums than if you leave it on the street every night.

Ride

The less you drive, the less you pay! Some insurance policies allow you to pay per mile or pay less if you travel less than a certain number of miles each year.

Anti theft

If you have alarms, gear locks and trackers fitted to your car then your car is more secure and less likely to be stolen, this also lowers your insurance premiums by lowering your risk profile.

Gender

Women are considered to be a lower risk driver than men, although most men will vehemently deny this is true. This means that a woman will get a lower premium than a man with a similar profile.

how old are you?

Older people (within a certain age range) get lower premiums as they are more stable and do not engage in as risky driving as new and younger drivers. They also usually have more driving experience which will lower their risk profile and also their premiums at the same time.

If you are looking for car insurance lovers, follow this advice and take your insurance premiums down to the floor and save a lot of money.