How Are Car Insurance Rates Determined-An Honest Answer

In this video, I tell you how car insurance rates are determined. If you have a high car insurance rate, then you likely have something about your driving record, your car, or the area that you're storing your car in that is causing your rate to be so high. I go over the basics of insurance for cars, and tell you the factors that are involved so that you can get a better rate.

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[ryans]

My tips for new drivers and insurance companies.

1 buy a cheap car preferred older car in good condition. This way you can own the car so no car payments and it will save you money each month and insurance should be cheaper on a old car.

2 find an insurance company that has cheap rates. Now first time driver it will be little high at first but if we factor in step one with an older car it’ll still be cheaper then a brand new car.

3 have a great driving record that goes a long way with insurance companies. It you really want your insurance to go down don’t drive like an idiot. No crashes no tickets just take your time and enjoy the ride safely

4 shop around don’t be afraid to look else where you don’t have to stick with the company you have if it’s getting to expensive another place could get you on for cheaper.

This is some of my advice to kinda get cheap insurance. It also depends where you live as well bigger city’s rates are higher then smaller city’s.

[rc]

Does the number of drivers in the family affect cost?

[GorillazGames]

I'm not sure if this is an honest answer because these are answers that the insurance company would tell you. This is moreso factors that would determine the discount you would get off of the base rate. However, Even if you were a driver with no accidents middle-aged with a shity car you would still be paying out the ass somehow.