Have you ever sat, looked at your insurance premiums and wondered if your insurance company had just pulled a number out of a hat and printed it on a piece of paper? That disorientation may actually get worse as you find out what your friends and family are paying for their insurance, since the difference between your monthly payments may well be just this side of ludicrous. But relax. As odd and impossible as it seems sometimes your car insurance provider actually does have a system, and understanding that system is the key to discovering how to use it to save hundreds on your car insurance.
There are four primary factors that influence the cost of your car insurance premiums. The first is who you, yourself are. It sounds odd, but think about it for a moment. Teachers and engineers are statistically less likely to get in accidents than retailers or musicians, so they often enjoy special discounts on their car insurance. Younger drivers are riskier to insure than those with some experience under their belt, and people with good credit are usually deemed responsible enough to take a risk on.
» Read more: How Your Insurer Calculates Your Car Insurance Premiums