Sarah's Blog

Need an Inexpensive Salt Lake City, UT Car Insurance Policy?

If you’re in the market for an inexpensive Salt Lake City, UT car insurance policy you’re in the right place. It can be difficult sourcing the right car insurance policy, as there are so many providers around these days. Many advertise the “best coverage” or “best rates,” but how do you know if they really are the best? Having a bit of crucial information at your disposal can help you to make an informed decision. This will protect you against having to pay more than you need to, and ensure you do business with the best provider of Salt Lake City, UT car insurance.

How the Cost of Car Insurance in Salt Lake City, UT is Determined

A major factor in how much you will pay for auto insurance in Salt Lake City, UT is the value of your car. A car valued less than $2,000 will most likely qualify only for third party insurance. With third party you are only insured enough to covet the compensation of third parties (other passengers, pedestrians, and drivers) in the event of an accident. Cars valued at less than $1,000 will probably not qualify for any coverage at all, as the premiums you would pay over the course of a year will be more than the car is worth.

Your age and the ages of any drivers you add to your Salt Lake City, UT car insurance policy will also influence the cost of your policy. A young driver with a short or no driving history will be expected to pay more than an experienced driver with an impeccable track record. This may seem unfair, but it is how insurance companies operate. Older drivers may not get away scot-free either, as insurance companies figure if you haven’t filed a claim, you probably will soon.

Having Other Drivers on Your Salt Lake City, UT Car Insurance Policy

If you have other drivers on your car insurance you will most likely end up paying more. This is most definite if you add younger drivers with no history, or drivers who have filed multiple claims. A way to save yourself some cash is to take out a temporary policy on additional drivers. An example would be if someone was house-sitting for you and would be using your car during that time, or a child using it when they are home from college. In such case you could take out a policy to cover them for that specific time period.

If you maintain a clean record for five years or more, you’ll be entitled to a no-claims bonus. Be aware that this includes other drivers you have covered on your UT auto insurance policy. Even if you have a clean record, if they file a claim, or are cause for you to file, you’ll lose your right to a bonus. Keep this in mind when shopping for auto insurance in Salt Lake City, UT and you’ll not only find the right policy for you, you’ll save yourself some cash as well.