Reader’s Question:

What are the things or factors that increases your insurance rates other than DUI convictions?

Juliet

Thank you for asking Juliet.

A lot of factors are taken into consideration when an insurance carrier determines your car insurance rates. Below are some of the factors that are being used to determine your premiums:

1. A change in your driving record
2. A claims history.
3. A change in your credit history
4. A change in drivers will affect your rates
5. A change in vehicle or coverages
6. Where you live and the car is garaged (geography)
7. If the use of the vehicle changes from personal to business rates
8. A change in marital status may change your rates
9. A change in occupation may affect rates

A change in any of the above mentioned factors can cause your insurance premiums to also change. Insurance providers underwriting guidelines and rating systems are different from each other so to get information specifically about the reasons your insurance company increases rates you can talk to them about this issue with your agent.

Goodluck!

MariCAR