2016 Auto Insurance Rates – Praetorian Insurance Company

2016 auto insurance
As 2015 draws to a fast close, you might be thinking of ways you can lower your budget heading into the new year. While some bills are fixed and difficult to lower like a mortgage, there is one area that you can consistently save on, and that is automobile insurance. You might be asking, will 2016 auto insurance rates be cheaper than this year? The response to that depends on multiple factors like your driving record and the car your drive. It also depends on the effort you put into searching for the best 2016 car insurance prices. At Praetorian insurance company, we make it easier for you to find the best insurance plan at the lowest rates online. Get a free quote today and see how fast you can save hundreds on your next policy.

It is hard to find cheap auto insurance

The truth is, finding quality, cheap car insurance requires some effort on your part, but when you save money, it is entirely worth it. You probably already know, automobile insurance is the law in all but one state. This means if you are planning on driving in the upcoming new year, you better get covered. You need to familiarize yourself with the state minimum insurance that is mandated in your area and also any new ins laws that might kick in for the upcoming new year. Your state might have raised the legal standards for liability insurance for example in 2016 or passed other laws that affect you, which you need to be aware of.

If you are leasing a vehicle or have an automobile loan, you will be required to not only have liability coverage but collision and possibly comprehensive ins. Remember, the more coverage you have, the more you will be protected in the unfortunate event you are involved in an accident in the new year. Have you thought about the escalating costs of medical care in the last year? How could you afford to pay for an expensive automobile accident if you seriously injured? These are all important things you need to consider before getting 20 16 car insurance.

More auto coverage means higher premiums

In general, the more vehicle coverage you obtain, the more expensive you premiums are going to be. While this is not invariably the case, it is a good rule of thumb thing to remember. An excellent way to lower your rates is to compare car insurance quotes online. When you start comparing online automobile policies, keep note of the fact that rates will change drastically based on numerous factors, many of which you have no control over, like your sex and age. Also, some services like roadside assistance might be available in only select areas. Let Praetorian Insurance company help you get a better policy at a discounted price for the new year. Just take a few short minutes to fill out our easy to use form and we will match you with top national providers quotes in about 6 minutes.

Factors that Affect Auto Insurance Rates in 2016
So what exactly are the main factors insurance companies use to calculate your quote? The truth is that many things go into your insurance pricing and carriers are using more sophisticated formulas to calculate risk these days. Here are a few of the main factors that affect premiums the most.

  1. Your Age

Have you been nearly driven off the road lately as I have recently by a teenager texting and driving? Drivers that are between the ages of 16 and 24 will pay way more for insuring their ride than older, more experienced people. You might call foul and claim this is discrimination. However, numbers do not lie, and teens get into far more frequent accidents than older drivers. After 25 your rates will drop every couple of years until you are over 60 or so.

  1. The Car you have

The model, year and value of your car play a key role in determining insurance pricing. The more expensive and exotic your automobile is, the higher rates you will be paying in general. If you have a vehicle that is on the top 10 most stolen list, you will be paying extra. If you have an older car that’s not worth much, you can get cheaper insurance most of the time.

  1. Your Location

Your zip code is used to calculate rates, and many people do not know this. Insurance firms keep track of accidents in every zip around the country and adjust rates depending on the risk posed in your area. In general, people that live in rural areas with less traffic pay considerably less on coverage.

  1. Your Credit

Credit scores play a big factor in determining insurance costs. If you want to lower your premiums in the new year, get your credit rating higher.

Shop Online for the Cheapest 2016 Car Insurance
The real secret to getting the cheapest 2016 auto insurance is to shop around online. The web is the perfect tool to help you search for the best coverage at the lowest possible prices. At Praetorian insurance company, our mission is to help people save money on automobile ins. In just a few minutes, we can save you up to $575 on average and also find you additional discounts you might not even be aware of that opportunity. Get you quote today and save more.

2 comments

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by Praetorian Insurance Company Auto Coverage Lines on December 27, 2015 at 6:30 pm. #

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