Increases in car insurance costs can occur due to traffic violations, accidents, change of address, the age of your vehicle, and even a change of vehicle, just to name a few reasons.
While the cost for auto insurance can be considered a major expense for some people, there are ways to lower rates. You can start by shopping for better rates prior to purchasing a vehicle.
Rates for insurance are generally higher for newer models and every car has a different insurance rating. By getting quotes on different models and types of vehicles prior to making a purchase you can know what type of rates to expect. You can get multiple quotes from an OC insurance provider and decide which coverage will best suit your needs.
Traffic violations can increase coverage costs
The most common reason why insurance rates go up is the result of receiving a ticket for an infraction of the law. Driving while intoxicated (DWI) or driving under the influence (DUI) will not only increase insurance costs but will also create severe legal and you’ll have your license suspended. By avoiding reckless situations and being a “defensive driver” a person will avoid getting tickets and thereby keep their rates at a minimum.
Compare rates annually
It’s easiest to simply renew insurance with the same carrier each year, but by taking the time to shop and compare rates, you may find a better rate for the same coverage from a trustworthy broker, and having easy Internet access makes the process all that much simpler. By doing your homework you can avoid making the wrong choice.
By reviewing your current coverage you can also insure that any changes that may result in a reduction of your current rate (for example, adding a vehicle, change of address, removal of a traffic violation, discount eligibility). These are just some ways in which you may be eligible for a decrease in the current rate you pay.
If a traffic violation has been issued or an accident was not reported then the insurance company may decide to review your current contract. Avoid cancellation or back-charges for failing to mention issues that will show up on records kept by the Department of Motor Vehicles (DMV). Be a safe driver, obey laws, be courteous to other drivers, and always carry auto coverage from an oc insurance carrier in order to remain compliant with state laws.