My name is Watson from Spokane, Washington. . I speak for every car owner here when I ask: How can we get ourselves a cheaper auto insurance premium? Discounts, discounts, discounts.

Watson

Spokane, WA

Spoken like a true Washingtonian. Sorry, just had to say that. Now that it’s out of my system, let’s go to your question.

How to get cheaper insurance premium? Most, if not all, insurance companies extend discounts for various reasons. If you have had no accidents listed in your insurance history in the last three to five years, you will get a discount. If you buy other policies (homeowners, renters) from the same company, you will get multiline discount. If you own more than one car and you get insurances from the same auto insurance company for all of them, that’s another discount for you (multi vehicle discount). Buy a very safe car, one with side airbags, for example, you get a discount for it. Some companies will look at what you do and give you discounts. They would offer discounts to teachers, engineers and scientists with good driving records. They have noticed that educators, scientists, and engineers are generally good drivers and that they tend to be meticulous and take care of their vehicles. Also, insurance companies are aware that some occupations have lower risks than others. Teaching and farming are at the top of the list of low risk jobs. In a nutshell, it’s still about risk factor. Insurance companies look at your risk factor, if it’s low, you’re okay.

I am getting older each year…and I am quite happy and sad about it. Right now I am so worried about getting the feel of paying my own bills. Gone are the regular fun nights for I am almost skimping on anything I have. I will be turning 25 next year and I am hoping I’d get a discount on my auto insurance. Will that be likely for auto insurers in Bellevue, Washington?

Martina

Bellevue, WA

Twenty five can me a magic number for most auto insurers. It marks the age when drivers are considered to be ‘mature’ enough and transforms them into safer drivers.Notice how car rental rates are so much lower for people age 25 and over. The same will be true for most insurance companies in Washington who use every piece of available data to develop profiles of drivers.

Among other factors though that determines your realigned rates after your age are your location, what you do for a living, your gender, the make and model of your vehicle, your credit history (and most contest this, and that’s another story), and a multitude of other factors.

These indexes are compared against the profile of the perfect driver to determine how much of a risk you are to your insurance company in WA. The principle for your insurance premium rates rely on probability of you to be more at risk that you’ll get in an accident, file a claim, or cause someone else to file a claim against you.

Now, take not that it does not really follow that once you turn 25, your auto insurance premiums should drop. You have to also understand that there can be more factors to consider like incidence of you moving, switching vehicles, any recent accident claim, and other factors that you insurer in Bellevue, WA will take into account.