Have you been told that there is no way to escape the high cost of car insurance? Well, you have not been told the whole truth. It isn’t impossible to get cheap auto insurance. Of course you must remember some ways to achieve this goal.

Issues to consider when buying cheap auto insurance

There are some reports that are very important for insurance companies when determining your car insurance premium: sex and age of the driver, marital status, if you have children who have just obtained their driver’s license, where you live, and where you park your car, both at home and at work.

Why is this data important to car insurers? As for age, sex and marital status of the driver, this is due to give an idea of ​​the profile of the individual responsible for driving the car.

So, for example, a young driver, male, single and with little experience behind the wheel, probably will have to pay a more expensive premium payment than woman with more time as a driver who is married with children. Studies show that women are more cautious than men, while male drivers who have children are more careful than those without.

 The place where you live affects premiums because in some regions there are more car thefts than others.For example, cars that drive in the most dangerous areas or traveling many kilometers require higher premiums than those folks who drive from home to work.

And the price of the vehicle also weighs in achieving a secure cheap or expensive car. Imported cars  have higher maintenance costs so premiums are higher. Imported or old cars come with a higher premium because the costs of the vehicles are more expensive.

When to consider a cheap auto insurance

So, in what circumstances would an auto insurance policy be cheap? To give you an idea of what is considered cheap and what’s considered expensive, the fair price of cheap auto insurance is between three and 4% of the value of the car. When a premium costs 10% or higher of the car value, that premium is considered very high.

  The best advice we can give you to get cheap auto insurance is to be attentive to anything that might influence the value of your vehicle and to make sure you compare prices of several different companies so you can get the best deal.

To do this, the best tool is the Internet. Some sites work as agents online, where you can compare prices and contract the policy with the best cost-benefit. Simply fill out a form on the characteristics of the vehicle and the driver, and in seconds you’ll get quotes from different insurers.