Cheap Vehicle Insurance Quotes, Location Matters, but Driving Record Still Matters Most
Although companies in California are allowed to make rate adjustments based on geographic location, all coverage providers must have their rating plans filed and approved by the CA Department of Insurance before they can be used. Additionally, voters in 1988 adopted proposition 103, which requires all insurers to consider three mandatory primary factors before considering any secondary factors when calculating premiums. These three factors include the applicant’s driving record, annual mileage, and years of driving experience.
Where a motorist lives is actually at the bottom of the list of qualities that can affect how much someone pays for vehicle coverage, but a person’s driving record is very important. Getting the cheapest insurance in California means maintaining a clean driving record, so before moving to a heavily populated area, residents should take into consideration the increased accident potential. If a policyholder is forced to file a claim, it can negatively affect their premium for up to three years.