There are many factors that influence the premium for auto insurance policy. Your insurer will have asked you many questions during the insurance quote process. Some questions will affect your premium others won't. Below are just a few variables that are within the policyholder's control.

Consolidate Policies:

By insuring a number of vehicles with the same insurer, or by taking out home and life insurance through your auto insurer, you may be able to secure a "significant" discount.

Location:

A significant influence on the cost of your insurance is where you live. The chance of your auto being broken into or stolen is a key concern to your insurer.

Your Vehicle:

The lower the cost of your auto, the lower the premiums are likely to be. This includes the speed at which your auto can operate too. When purchasing a new auto make sure you fully consider the cost of the insurance - you may be able to buy the auto but can you afford to drive it?

Mileage:

You can also control your insurance premiums by restricting the amount of miles you drive annually. However, be aware that if you exceed the the restricted number of miles you may become uninsured!

Parking:

Where you park your auto is very important. If auto is kept in a locked garage, your premium should be lower than if left unattended in the street.

Security:

Security devices that prevent or hinder the theft also may reduce your premium. Common examples are devices that make your auto immobile or make your auto track able by Global Pre-position System (GPS).

Lower Claims Discount:

The number of claims will have a direct impact on your premium. The lower amount of claims you have the lower your premium. After a set number of years, 4 or more, you might be offered a discount on your premium.

Advanced Driving Skills:

By taking "approved" advanced driving skills may reduce your premium.

Your Sex:

Women are statistically less likely to be involved in an accident, and if they do, it's less likely to be serious. Because of these statistics, women benefit from lower premium.

Your Age:

The older you are, the less likely you are to make a claim. As a result insurance companies charge lower premiums for more mature drivers.

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