Factors Affecting Oregon Auto Insurance Rates

When a person is shopping for Oregon car insurance coverage, there are a number of factors that an insurance provider will consider when setting rates. Some of the most important factors that affect rates are your driving record, your age and marital status and the type of vehicle you drive.

Your driving record carries the most weight when it comes to Oregon auto insurance rates. The insurance company looks at your past behavior as an indication of how you will behave in the future, which is why having a history of being involved in accident or having moving violations means that a driver will be charged higher rates for his or her car insurance coverage.

A person’s age is also considered when working up Oregon auto insurance rates. Young drivers under the age of 25 pay the most for their coverage, and people under the age of 18 pay the highest rates of all people in this age group. Car insurance customers over in the over 65 age group are considered higher risk than younger adults and pay higher rates as well. Married drivers are also considered lower risk than their single counterparts.

The type of car you want to insure one of the factors affecting Oregon auto insurance. Choosing to drive a sports car means higher rates than a more family-friendly ride. Insurance companies also charge more to drivers who own a car that is more likely to be targeted by thieves.