In Delaware, a number of factors have a bearing on what a particular customer will pay for his or her car insurance coverage. The insurer will consider the following when setting auto insurance rates:
- Age and gender
- Annual mileage
- Deductible amount
- Driving record
- Level of coverage requested
- Make and model of vehicle
- Marital status
Teens and less experienced drivers are more likely to be involved in a car accident. Statistically, men are more likely to be involved in crashes than women, which means they tend to pay more for their coverage – just like teen drivers. Getting married indicated a certain level of maturity, which means lower rates.
The amount of annual mileage matters, since the more time a car is on the road, the more likely it is to be involved in an accident. Choosing a higher deductible means lower premium rates.
Insurance companies look at past history to predict future events, which means that drivers with clean records qualify for preferred car insurance rates. The higher the level of coverage requested, the more a customer will need to pay for this protection.
The type of vehicle that a car insurance customer chooses to drive has a bearing on pricing as well. Delaware car insurance customers who drive a sports car or one that is more expensive to repair can expect to pay more for their car insurance. Driving a car that is likely to be targeted by thieves also means higher insurance rates, too.