What actually moves your auto rate
Without adequate insurance, an at-fault accident can have serious financial consequences. Many people are surprised to learn that robust coverage does not always come with a high premium.
4 min read · Moreno Insurance Agency, San Antonio
The five factors
Age: drivers who are under 25 or over 65 may see higher rates due to actuarial data on accident frequency.
Credit score: a higher credit rating often leads to lower premiums.
Vehicle type: your car’s make, model, and safety features are a key factor in determining your premium.
Driving record: a clean history without violations or claims typically results in lower rates.
Household drivers: insurance companies assess the risk of all licensed drivers in your household, which can affect your policy cost.
The coverage most people underbuy
Uninsured or underinsured motorist coverage is vital. It protects you and your passengers if you are hit by a driver who lacks sufficient insurance.
Comprehensive protects your car from non-collision incidents such as theft, vandalism, fire, or damage from a falling object. Collision provides financial protection for your vehicle against damage resulting from collisions with other cars or objects.
Read the full coverage page, or start a quote and we will walk you through it on the phone.