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stay safe on the road

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stay safe on the road

Any number of things can happen while you or a loved one is driving. This MasterKit will guard you against many of them. With a little planning, you'll learn the best ways to build a car emergency kit, talk to your family about road safety, and keep your cool after an accident.
Car Insurance Rates – Driving
Article / 2 MINS

How and Why Car Insurance Rates Change – in 140 Characters or Less

Stay safe on the road and manage your worry about rising insurance rates with these shareable stats and facts.

There are a lot of factors that can affect your car insurance rates. Here are some stats and facts to keep you informed about when - and why - your rates might change. Because understanding how things work is part of building safe driving habits and being prepared for an emergency.

The amount you drive can affect the amount you pay for insurance.

It's pretty simple: the more you drive, the more opportunity there is to get in an accident. Let your insurance company know if your lifestyle changes and you're driving less, because you may be eligible for lower rates.1

Driving certain cars can automatically increase your insurance rates.

Luxury cars aren't the only ones that are at a high-risk of theft. Thieves target cars with high-demand parts. Some of the most commonly stolen cars are Honda Accords and Civics, Ford Fusions and F-150s, and Nissan Altimas.2

Living in an urban neighborhood or a region that's severe-weather prone can increase your rates.

Certain areas that are more heavily affected by weather and other factors tend to produce more claims, causing home insurance rates to be higher. For example, you may pay higher premiums if you live in a neighborhood prone to brush fires or mud slides.

Wondering how & why car insurance rates change? Here's a handy guide
Dual airbags, anti-lock brakes, and car security systems can decrease your insurance rates.

When buying a new car, look for vehicles with high ratings for driver safety and passenger protection. Cars with anti-theft devices and security systems may be eligible for discounts as well.3

Your driving record is directly reflected in your car insurance rates.

Are you an at-risk driver? Incidents such as accidents (even if you weren't at fault), speeding violations, reckless driving, and driving while intoxicated can all cause your premiums to spike.

The more valuable the car, the more expensive it is to repair and insure.

Generally, a new car costs more to repair after an accident. New cars are also at a higher risk of break-ins or theft. So if you're thinking about buying that dream car you've always wanted, talk to your insurance company about how your rates will be affected.

The average insurance rate increases by 152% when adding a 16-year-old to the policy. See if you qualify for teen driving discounts.

Teen drivers get in more accidents than any other age group, which means your car insurance rates will likely increase when adding a teen to your existing policy. Maintaining good grades, taking defensive driving courses, and increasing your deductible can lower these rates.4
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