If you are looking for auto insurance in Illinois there are several ways to make sure you are getting best rate. Auto insurance rates can vary widely from carrier to carrier and even from year to year with the same carrier. In order to get the best rates you must compare policies from many different carriers each time you renew your auto insurance in Illinois.
There are several key factors that will determine in your auto insurance rate. The importance of each of these factors will also vary from carrier to carrier. This is the reason it is so important to compare rates when getting auto insurance in Illinois. Here are a few things that the insurance company will consider when quoting you for auto insurance.
Driving Record – Your driving record and the number of claims you have filed will have a big impact on the rate you are given by the insurance company. All carriers have different policies in regards to what infractions hold how much weight.
The main way to avoid paying more based on your driving record is to drive safely. If you don’t have accidents or tickets and have a “perfect” driving record you will get a great rate. If you have a less than perfect record shop it around some companies will hold it against you less than others.
Vehicle – The kind of car your drive is also a big factor on your insurance rates. If you are in an accident the insurance company has to cover the costs for repairs. For obvious reasons it costs far less to fix a Chevy Malibu than it does a Porsche 911. The insurance company will charge you accordingly.
Insurance carriers may also consider the type of car and its safety rating. For example a mini-van would be considered a safer vehicle than a SUV with a high likelihood of rollover or a sports car that is considered a fast car.
Credit Rating – Although your credit score does not really tell the insurance company how good of a driver you are…they do believe it tells them how responsible you are. Most insurance carriers will now check your credit when obtaining a quote for auto insurance in Illinois. If your credit score is low you can expect to shell out more each month for your auto insurance premium.
The more of these key factors you have working in your favor the more likely you will be able to find a low rate for auto insurance in Illinois.