5 Reasons for Expensive Auto insurance policy premium

Augusta

VIP Contributor
An insured can get a very expensive auto insurance policy because of different reasons. if you are bothered about your expensive auto insurance policy premium then you might need to find out from your insurer why it is so.

They are always factors that triggers high auto insurance premiums. The below are some of the reasons why some insured have expensive auto insurance premium

Not a responsible driver
Auto insurance companies want to see an insured that is a responsible driver and have little at-fault claims So Claiming always will raise your premium and that's it.


Having a single insurance policy You would have a high premium when you have just a car insurance policy with an insurance company than one with multiple insurance policies it help if you can bundle them


Relocating to a big city

Location plays a big role in Auto insurance premium.You would pay more on premium when you live in the urban centre than one in the suburb.
Vehicle high on premium
You owned a car that are not cheap to insure. You would be charged high premium for it or them

Late payment of premium
You would have high auto insurance premium when you have lapses in coverage and paying your insurance premiums late.
 
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