THE FACTORS THAT CAUSES YOUR CAR
INSURANCE TO BE HIGH OR LOW IN COST:
Premiums are generally higher because of:
Premiums are generally lower because of:
- Under 30 years of age
- Your age is between 30 to 79
- Single
- Married
- Own only one vehicle
- Own two or more vehicles
- Live in a rented place
- Own property
- Policy has Comprehensive coverage
- A Liability Policy only
- Policy has Collision coverage
- Policy has higher than minimum Liability limits
- Policy has minimum Liability State limits
- Taken the NYS 6 Hour Defensive Driving Course
- High school educated
- College, Masters or higher educated
- Low credit score
- Good to excellent credit score
- Licensed less than 3 years
- Licensed 3 or more years
- Do not have current auto insurance
- Have maintained active auto insurance more than 1 year
- Have points on your license
- Clean driving record for 5 or more years
- Have one or more accidents
- Have no accidents in last 5 or more years
- Live in Urban market (Downstate)
- Live in Suburban market (Upstate)
- How you use your vehicle
- Use your vehicle on a limited basis
- Drive your car more than 8,000 per year
- Drive your car less than 7,500 per year
- Do not have electronic billing/policy (paperless)
- All of your transactions are electronic
- No safety features (i.e., alarm, Lojack etc.)
- Vehicle has safety equipment
- Your vehicle Safety Rating is low
- Your vehicle Safety Rating is very high
- No company offered driver monitoring system
- Accepts company offered driver monitoring system
- Has a young driver on the policy
- All operators are over 30 years of age
- Only has one policy with the company
- Has two or more policies with same company
- Recent or active Suspension of license
- Over 55 years old and retired
- Non-professional occupation
- Professional occupation
- If you have an “A” student child in the household
