2- Vehicle Type: The make, model, and year of your vehicle can impact your insurance rates. Generally, newer and more expensive cars may have higher premiums due to the cost of repairs or replacement.
3- Location: Insurance rates can vary based on your location. Urban areas with higher traffic congestion and crime rates may have higher premiums compared to rural areas.
4- Coverage Options: The level of coverage you choose, such as liability, comprehensive, or collision, will affect your insurance rates. Higher coverage limits and additional features will typically result in higher premiums.
5- Deductible Amount: The deductible is the amount you pay out of pocket before your insurance coverage kicks in. Opting for a higher deductible can lower your premium but may require you to pay more in the event of a claim.
