If you're looking to save money on your car insurance, it's important to understand the factors of your car insurance plan. To help you, this article outlines these factors in more detail.

Your Car

The type of car you drive is one of the biggest factors affecting how much your car insurance plan costs. For instance, driving a vehicle with low-quality safety equipment increases your risk of an accident. In addition, if your car has a poor safety record, you're more likely to pay more.

Your Driving Record

If you're driving an insured vehicle, your driving record will affect your premiums. Generally, people with a great driving record pay less on their premiums. A good driving record means you're more cautious on the road, reducing the likelihood of an accident. However, if your driving record is not-so-clean or if you're a new driver, you'll pay more until you establish a better insurance track record.

Where You Live or Work

The risk associated with where you live can influence your car insurance premiums. For example, if you live in an area where there's a high number of thefts or vandalism, you're likely to pay more. If you live in a safer neighborhood, this can lower your premiums. In addition, according to The Zebra, being a full-time employee can reduce your premiums by 1.3% — or $21.

Your Age and Gender

Other factors affecting your car insurance costs are your age and gender. Teens and young people generally pay more due to a lack of experience, which increases the risk of an accident. Also, women generally pay less than men on car insurance plans.

How Often You Use Your Car

If you drive your car frequently, this increases the risk of accidents, which, in turn, drives the cost of your car insurance up. On the other hand, if you only use your car occasionally, you can take advantage of low mileage discounts to lower the cost of your car insurance plan.

These are the top factors affecting the cost of your car insurance plan. Now that you know what influences how much you have to pay, you can use the information to get the best deal. For instance, you can install safety features on your car to take advantage of specific discounts. Please get in touch with us to learn more about getting the best deal on your car insurance.