Even though you know well that you’ll need car insurance, sometimes it is an afterthought.  But what many fail to realize is that the cost of auto insurance should be factored in when you’re in the middle of car shopping. And this doesn’t come as a surprise considering the type of car you buy impacts your auto insurance premium.

No wonder you should make it the norm to acquaint yourself with the things that affect auto insurance quotes before deciding on anything. And that’s precisely what this quick guide will help you unearth today. Keep reading to uncover more!

Coverage Type

in most states, you have to make do with liability insurance as the minimum coverage.  Either way, minimum liability requirements tend to vary by state and will always affect how much your premium is.  Aside from this, you can also opt for comprehensive car insurance coverage that helps pay to cover the cost of repairing or replacing a car in the event of something other than a collision.

If this is not enough, you can choose to take advantage of the collision car insurance coverage. This type of coverage pays for damages to you car you should get into a collision with another car. In case you finance or lease a car, your lender may require collision and comprehensive car insurance.

Your Deductible

Before you get and compare auto insurance quotes, it is also vital that you know how much you are willing to pay as deductible. Your car insurance deductible is merely the amount you’ll pay out of pocket on a claim before your insurance company chips in. The higher the deductible, the lower your premium tends to be. As for a lower deductible, you should be more than ready to contend with a higher premium.

The Bottom Line

These are just but some of the factors that impact the cost of car insurance. Other factors to keep in mind include your location, driving record, how often you drive, your age, gender, and marital status, to mention a few.