How to Get the Best Deal on Car Insurance in Salt Lake City
Finding the right car insurance for you in Salt Lake City is easy if you know how insurers calculate premiums. Several factors are taken into consideration, including your age, sex, occupation, and the size, type, and age of your car. There is no one custom policy that is suitable for everyone; in fact an auto insurance policy can be very unique to the individual. The right policy for someone else could be completely wrong for you. Understanding the following facts about car insurance can help you find the best deal for you in Salt Lake City.
When searching for auto insurance in Salt Lake City it is important to keep the value of your car in mind. This is an extremely important factor in determining the policy that will give you the best value for your money. Cars that have a value of below $2,000 may only qualify for third party insurance, including fire and theft. This type of policy covers you if you are involved in an accident, compensating the other person involved for their damages. You are also covered by this type of UT car insurance if your car is stolen or destroyed by fire. Cars valued below $1,000 are rarely provided comprehensive coverage, as the annual premiums will probably cost more than the value of the car.
Your age can also make a difference to the type of policy you can get, and how much you pay for it. Young drivers with little or no driving history will have to pay higher premiums than older drivers with a clean driving record. While UT auto insurance dealers take the driving histories of older drivers in to consideration, they also believe that they will be more likely to file a claim than younger drivers. This can raise the price for older applicants, though they may also benefit receiving better policies with more coverage.
Having Extra Drivers on Your Car Insurance in Salt Lake City
The cost of your car insurance in Salt Lake City will also be affected by how many drivers you add to your policy as well as their ages and driving records. Avoiding adding drivers who will not drive your car very often could save you loads of cash. The savings come by taking out temporary policies on such drivers for only the period they’ll be driving. If you are adding experienced drivers and your car has a fairly high value, say over $5,000, you will definitely want to take out a policy providing comprehensive coverage.
If you and any added drivers on your policy go without having to file any claims for five years or more, you can severely lower your costs. UT auto insurance providers feel that the longer you go without making a claim, the less likely you will be to file one in the future. While some insurance companies don’t allow added drivers to contribute to building up a no-claims bonus, others do, so look for such a provider to make sure you get the best deal on auto insurance in Salt Lake City, UT.