You may be wondering, “Why is my car insurance so high with no accidents?” Well, there are a few reasons for your high monthly premiums, and you can take steps to reduce them. For example, you can increase your deductible, reduce your liability coverage, and drop collision and comprehensive coverage. You can also look into pay-as-you-drive programs. You can also compare quotes between car insurance providers to see if one offers a better deal.
Some drivers face higher insurance rates because of their gender. Studies show that male drivers have higher crash rates and higher insurance premiums than females. While most states do not consider gender a factor in determining car insurance premiums, there is some correlation between gender and premiums. In general, men pay higher premiums for comprehensive coverage than women. However, this gap widens for teen drivers, who are more likely to be in an accident than their female counterparts.
The number of accidents is one of the main factors behind your car insurance premiums. While a driver who never crashes is more likely to have lower premiums than a driver with no accidents, a recent DUI will increase the cost of insurance. Also, if you have a clean driving history, you’re likely to qualify for a good-driver discount. However, insurance companies don’t like people who make big claims and file too many, so they might raise your rates if you’re prone to big claims. Avoid filing large claims and try to pay smaller ones yourself, instead of letting the insurance company handle the expenses.