Most people think that they’re paying too much money for auto insurance. The independent insurance agents at Don Allred Insurance in Burlington, NC work many different insurance companies. We’ll find out if you’re paying too much money for car insurance. If you are, we can switch you to a different insurer at any time. Here are some major factors that go into what you’re paying.
High Horsepower Machines
Some cars are made for speed. They have high performance power trains, steering and braking. Expect your car insurance premiums to reflect more speed and increased risk for an insurer.
You’re Driving with Some Tickets on Your Record
Many drivers with large collections of tickets also bring increased risk to their insurance company. The longer you collect those tickets, the longer you’ll be paying higher premiums.
If you opted for a low deductible, you’ll be paying higher premiums. On the other hand, a higher deductible can translate into lower premiums. If you’re comfortable paying a higher deductible in the event of a claim, you could start saving money now and in the future.
You’re likely to pay higher rates if you’re under the age of 25. A spotless driving record, some added experience and a clean claims history should lower that premium rate once you’ve hit 25.
The Dreaded SR-22
If you’re driving record is such that an SR-22 is required, you’ll probably need about three years of ticket and claim free driving before the SR-22 requirement can be lifted. Start keeping the pedal off the medal today to lower your future rates.
Let our independent insurance agents at Don Allred Insurance in Burlington, NC shop your rates for you. Call us at 800-280-2230. We’ll use our connections for you.