All car owners wishing for that the prices of a car insurance were low and more flexible. However there is a set of factors which influence on current situation.
Actually, car insurance rates depends on gender and age restrictions. Drivers who in age of 25 - have to pay for expensive insurance rates, whereas the older driver - the lower cost of the charges. The main reason that young people has high stable prices for insurance - is in increased risk. Old men have greater driving experience, therefore the lower the cost of insurance. Marital status also affected on situation. Unmarried and childless pay more.
Gender plays an important role in the cost of insurance. Based on statistics road accidents are mostly caused by the male population. Rates also depends on the numbers of violations in driver card. Bad credit history, police investigation - are also an important consideration in this matter. Drivers who living in an area with high crime have to pay for a car more than the car owner who lives in the part or city where crime is not so developed.
Place of overnight parking: garage, own parking near house, or just on the streets. More assured parking space - the lower insurance rates.
However, the conditions of insurance, including the minimum amount of coverage and the amount of the insurance premium varies depends on state. In one state, the driver will not register his own car without the mandatory insurance, in the other - no one not even required to provide your insurance till the first incident (accident or offense).
Auto insuarance rates not controlled by U.S. and often determined by the insurance companies. The amount of the annual contribution is calculated by a complex scheme of points and bonuses, taking into account the total cost for auto and the driver's insurance history for the past year.
The main parameters of insurance coverage, which provides an insurance policy in the U.S., defined by three following factors:
- magnitude of the maximum compensation of physical and moral damage for each victim;
- the amount paid to all the victims of the accident;
- the amount of compensation for damage to property.