Car insurance Expert – What you need
This calculator works by asking a few questions; The answers will be taken into consideration accordingly. The questions are divided into two categories, including personal and vehicle-related information. These sun some of the questions they usually ask:
1. What is your age or birth date?
Age plays a role in the overall estimation. The insurance company considers very young and senior citizens high-risk drivers. The former group probably lack of experience, and there is a high possibility that young drivers break some traffic laws, commit violations such as speeding, etc. The latter group probably has some limitations in terms of vision, hearing, and driving skills, meaning the chance of being involved in accident increases as well.
2. What is your profession?
Car insurance expert uses drivers’ professions to calculate accident rates. There is a statistic suggesting that certain professions such as doctors, real estate brokers, lawyers, business owners, and salespeople are considered stressful jobs; insurers believe that stressful jobs affect concentrations on driving. Cal insurance calculator may determine higher insurance fee based on this factor.
3. What kind of car you drive?
Car model affects insurance rates as well. Car insurance expert may treat luxury cars like the more expensive assets to insure. In case of accidents, vandalism, or theft, luxury car is more likely to cost more to repair compared to its cheaper counterparts. Sports car with high top speed and quick acceleration rate is quite risky to insure as well, so insurance companies tend to charge more for such vehicles.
4. How many cars to insure?
The good thing is that the more cars listed in the same insurance policy, the more discounts you probably get. The discount is based on bundling option, so you can be eligible for other discounts if you insure your house, health, and life with the same company as well.
5. What is your address?
Car insurance expert uses your address to determine if you live in certain area where crime rate is considered high. You have to pay more to protect the car if you live in risky towns.
6. How many violations on your driving record?
Driving record is evidence where DMV lists all previous accidents in which you were involved, traffic violations, and every traffic ticket. The insurance companies uses the data to determine whether you are low-risk or high-risk driver.