What are the Factors that Influence my Auto Insurance Rate?

In addition to being required by law, many people look ti purchase an auto insurance policy to protect a valuable investment. Auto insurance will help to alleviate some of the financial strain that could accompany having to buy a brand new car. Anyone who has had to insure multiple cars or had to purchase auto insurance in more than one location knows that auto insurance rates will vary. What are the factors that go into determining the insurance rate that someone has to pay? This important information is detailed below.

First, an auto insurance policy will always take into account the driving record of the prospective customer. People who have accrued more speeding tickets or more accidents are more likely to be involved in a car crash that could cost the company money. Therefore, companies will hedge this risk by charging a higher insurance rate.

Next, auto insurance companies will also consider the person’s credit score. A credit score is important because it details the fiscal responsibility of the potential customer. Someone with a higher credit score is more likely to pay their bills on time. The company will reward this score with a lower insurance rate.

Finally, the level of coverage will also influence the auto insurance rate. A liability-only policy covers significantly less than a comprehensive policy and therefore comes at a lower rate. Of course, this sacrifices coverage to save the customer money.

These are only a few of the many factors an insurance company will take into account when calculating an auto insurance rate. For people of the Green Valley, AZ area looking for auto insurance, contact an experienced insurance agent for more information. A professional agent was serving the Green Valley, AZ area will ensure that everyone has the proper policy to meet their needs.

Safety Tips for Teen Drivers

One of the biggest accomplishments for teens is getting their driver’s license. This can be a very exciting time for them, but stressful for you. How do you keep your teen driver safe? While there is no 100% guaranteed solution, at the Insurance Center of Green Valley, we believe that good communication with your teen driver on safe driving plays a key role in how they react and respond on the open road.

Talking with Your Teen Driver

First, it is imperative that your teen driver knows how dangerous cell phone usage can be while driving. Texting while driving in Green Valley, AZ is against the law for everyone. While talking on the phone is not illegal, it is important to emphasize to your teen that it is still very dangerous, especially for the inexperienced driver.

Secondly, emphasize to your teen the importance of obeying speed limit signs.  Speeding is a major cause of teen fatalities in Green Valley, AZ and throughout the country. When teens speed, they need more distance to stop and have less time to avoid a collision. Even going 10 miles over the speed limit highly increases their chances of a crash.

Finally, talk to your teens about distracted driving. Because they are inexperienced, they do not always notice potential dangers on the road until it is too late. Even simple things like eating, drinking, or changing the radio station can be big distractions.

Communication is Key

Communicate regularly with your teens about safe driving and have a list of rules and expectations. Also, don’t forget to model the rules you set for them. They will be watching. For more information about auto insurance for your teen driver, contact one of the experienced agents at the Insurance Center of Green Valley.