What Factors Influence My Auto Insurance Premium?

There are an extensive number of influences that factor into calculating your auto insurance premium. However, many motorists fail to realize which habits have negatively impacted their auto insurance premium. If your premium keeps increasing and you are unsure of why, allow these informational points to assist:

• Are you having financial issues? Many motorists fail to realize that their auto insurance carrier will evaluate their credit history. If your credit is plummeting due to accumulated debt, you will likely see an increase in your premium soon after.
• If you have recently received a ticket for a moving violation, you will surely see an increase in your premium amount. Since you have proven yourself to be a risk taker on the roads, your insurance premium will reflect your bad driving habits.
• If you have recently added your teen driver to your policy, you will receive an elevated premium on your next statement. This increase can be slightly diminished if your child receives the good student discount.
• If you have recently moved to a city with higher crime rates than your last neighborhood, your insurance premium will reflect accordingly. Since chances of your car being stolen or vandalized have just increased with the move, so will your premium.
• If you recently got too excited at the dealership and made a car purchase before contacting your auto insurance carrier, you can expect a hefty premium increase. Car upgrades mean increased replacement cost value, which can be seen in your elevated premium.

Contact Little & Sons Insurance Group in Calimesa for all of your California auto insurance needs. If you have recently experienced a fluctuation in your car insurance premiums, allow us to evaluate the problem and determine which of these habits is the culprit for the premium increase.