There is no denying that Central Oregon car insurance is something that every driver must have if they want to drive legally on the roads of Bend, Prineville, Redmond, Sunriver and elsewhere in Central Oregon but, the reality is that car insurance can become a pain to pay every single month if your rates go up.
If you’ve recently experienced a rate increase, or you’re curious about what factors could cause your car insurance premium to go up, this article will cover three things that can cause your Central Oregon car insurance premium to increase.
Filing a Second Claim within One Year
Nobody likes the idea of getting into an accident and filing a claim but, thanks to the National Association of Insurance commissioners (NAIC) we know that the cost of filing a second car insurance claim within one year can increase your premium by as much as 44.1% and this increase would an additional $300 per year to your car insurance premium.
Falling Credit Score
Can your credit score affect what you pay for Central Oregon car insurance? The answer is yes, unless you live out of state in California, Massachusetts for Hawaii where their state laws forbid insurance companies from using credit scores when calculating the car insurance premium that a driver will pay so it’s best to keep an eye on your credit score if you plan on changing car insurance policies this year.
Where You Live In Central Oregon
Last of all, but most important, thanks to recent data from autoinsurance.org we know that another thing that does factor in how much you pay for your car insurance premium is where you live.
Yes, it’s true that drivers who live in some rural areas will pay less money for car insurance vs. drivers that live in the city because some cities will have higher crime/accident rates and your Central Oregon Car Insurance premium may reflect a rate increase if you decide to move to a different area in the near future.
To learn more what could cause your central Oregon car insurance premium to increase, or for an affordable insurance quote, contact the Farnsworth Agency today by calling us at (541) 318-8835 or click here to connect with us online.