Navigating the world of insurance is confusing. There are so many different types of insurance to begin with, and then the different options… even those who have a basic knowledge of the industry find it hard to understand everything. Auto insurance is no exception. One of the questions that come up again and again is “Why do insurance rates change when you move?” Learn more about why this is and what you can do to counter it.
One of the main reasons your rates may change is because you are driving more. If you live in a rural area and have a much longer commute, you may find that your rates go up for this reason. Make sure your independent agent has the right information on file with how many miles you drive each year. If you have overestimated, reducing this is a quick way to save money on your car insurance.
Another reason why insurance may cost more or less is based on the lay of the land where you are located. Those who are located in the mountains will pay a higher premium than those in an area such as Lakewood, Colorado. There are more accidents in the mountains, especially in winter, so naturally the premiums run higher.
The most important thing to remember is that you are not simply stuck paying what you are told. Contact a local independent agent and talk to them about the options available to you. Quite often working with someone like this will save you money over being stuck paying what a faceless quote program on the internet tells you. Finding the right agent is important, do your research and find someone who you feel comfortable working with on your insurance needs.