Nobody wants to get duped with their car insurance rates.  There are precautions you can take to ensure you are at least in the ballpark of the average price of car insurance, not on the short end of the stick.

What is your average price of car insurance dependent on?

Believe it or not, there are set factors that help determine the average price of car insurance.  Knowing them will help you to find better rates.  A few keys to this process are:

• age
• marital status
• residence location
• type of vehicle you drive

Now some things you are stuck with such as your age and location, although you can get married and choose a vehicle that will lower your average price of car insurance if you do a little research.

Understand Your Coverage Types

This one is gold when it comes to getting the best average price of car insurance around.  Each policy has varying factors that may or may not apply to you, and it’s extremely important you understand before signing on the dotted line.

• Property damage liability – This basically takes care of any property you damage with your vehicle and is required in all but three states.

• Bodily injury liability – This one is necessary when figuring out the average price of car insurance that’s best for you.  It covers death and injury claims against you as the result of an accident.  If you kill or injury someone, you better make sure your back is covered.

• Medical payments – When figuring out the best average price of car insurance for you, this one is a bit of a gamble.  It covers any medical expenses to you or your car occupants if you have an accident.

• Collision damage coverage – This policy takes care of expenses up to the book value of your vehicle at the time of the accident.  A deductible is usually paid before you can receive your claim, and this one is pretty important when searching for the best average cost of car insurance.

• Uninsured coverage – It is another gamble with this one when computing the most reasonable average price of car insurance for you.  This covers someone who causes an accident without insurance coverage.

• Physical damage or comprehensive – This one takes care of all the extras such as damage to your vehicle from vandalism, natural disasters such as fire and flooding and various other incidents with non-accidental triggers.  This will definitely affect the average price of car insurance and also includes a deductible.

Type of Vehicle

The kind of vehicle you have most definitely affects your average price of car insurance.  If you are looking to drive a luxury vehicle, you are going to increase the cost of insurance tremendously.  In other words, your insurance company is going to nail you!

These calculations are usually influenced by:

• kind of car
• cost to fix and replace
• how ‘hot’ it is

If you are going to sport a Porsche instead of a Toyota Corolla, you are going to pay more for your average price of car insurance and it all comes down to cost.

If your vehicle is foreign and it costs an arm and a leg to get it fixed, this will influence the average price of car insurance you pay. That just makes sense.  Another factor is how ‘hot’ your vehicle is.  In other words, if people like to steal your kind of vehicle, such as an SUV for example, you will pay more for the average cost of car insurance.

Your Personal Status

Exactly ‘who’ you are is going to directly affect your rate with your search for the best average price of car insurance.  Some factors you can control and others you cannot.  Most are dependent on: age, sex, driving record, marriage status.

Your age directly determines what your average price of car insurance will be.  Young, single males seem to get nailed the most.  If you are a young man, you’re considered more ‘risky’ and will pay more for your car insurance.

Of course your driving record also comes into account, and that one is pretty self explanatory.  Drive well for cheaper rates, be accident prone and you are in for trouble!  Believe it or not, your marital status is also often considered because if you are married you are suppose to be settled, tamed and responsible.  Talk about a generalization!

When searching for your best average price of car insurance, it pays to do a little research, ask questions and before you sign on the dotted line make sure you have made adjustments where you can.  Because when it comes to lowering your average price of car insurance every penny counts!