You learned to drive when you were a kid and you saved up enough money for a down payment. Now, you get to join the over 90% of American households who own at least one car!

The next thing you need is good car insurance that won’t break the bank. You don’t want to risk getting into a car accident without it.

We put together a quick guide to teach you about getting the best coverage for your car. Keep reading to learn everything you need to know before going insurance shopping.

Factors That Affect the Cost of Insurance

When you’re shopping for auto coverage, you’ll notice a few things that affect the price you pay for insurance. These are some of the most common factors insurers look at when deciding your premium.

Type of Car

Some cars cost more to insure than others. If you have a sports car, expect to pay much more for the same coverage as someone with a minivan.

Profile of the Driver(s)

How many drivers live in your home? What are their ages? Your insurer will ask these questions as well to decide how much you should pay to cover everyone in the home.


Some areas see more car accidents or have more severe weather. In these areas, the price of car insurance rises.

Credit History

One of the most common car insurance myths is that your credit score won’t affect your premium. Many insurers look at your credit score as a way to tell if you’re responsible. The higher your credit score, the lower they drop your rate.

Get the Best Coverage for Your Car

Going for the mac daddy insurance package isn’t always the best amount of coverage for your needs. For the most part, you want more insurance coverage for more expensive cars and closer to the smallest amount for a less expensive vehicle.

Bundling Insurance Policies

A great way to reduce your insurance bill is to bundle it with your other policies. If you have insurance on your home, motorcycle, boat, or other assets, you could save a bunch of money by going through the same company to cover them.

Company Loyalty Doesn’t Always Save You Money

Back in the day, you could expect a little financial incentive to stick with one company instead of shopping around. At the end of your policy period, get a few quotes and make sure you’re still getting the best rate.

Don’t Worry, Drive Happy

If you get into a car accident, it can cost tens of thousands of dollars! If you’re not insured, that financial burden lands on your shoulders.

Keep these tips in mind when shopping for vehicle coverage. That way you can rest assured that you have the right amount of coverage without overpaying.

We hope you enjoyed reading this article and that you learned all about finding the best coverage for your car. If you’re looking for more helpful articles about lifestyles, technology, news, and more check out the rest of our blog today!