Factors That Impact The Cost Of Your Car Insurance Policy In Jacksonville
Insurance companies use many factors to arrive at your cost of auto insurance in Jacksonville, such as:
State requirements: your policy must have at least the minimum coverage required by the state of Florida, which is $10,000 in damage liability and $10,000 in personal injury protection (PIP).
Your age: younger drivers will pay the most due to inexperience and their higher frequency of accidents. You’ll see your rates begin to drop after you turn 25.
Your car’s make and model: the safer your vehicle, the lower your rates will be. A late-model Toyota Corolla will cost substantially less to insure than a Chevrolet Corvette.
Your driving record: past accidents and traffic violations can cause your car insurance rates to significantly increase because you’re more likely to file a claim in the future.
Yearly mileage: people with long commutes pay more than those who drive less often.
Credit history: the higher your credit score, the lower your rates will be. Insurers have found that people with higher scores file fewer claims.
Zip code: depending on where you work and park your car at night, you might get a discount or a rate increase, depending on the likelihood of your vehicle being vandalized or damaged.
Marital status: married drivers get lower rates than single drivers.
Gender: men around age 45 pay an average of 6% lower than females the same age, but the gender gap evens out for drivers in their 30s.