There are a lot of factors that affect the premium you will shell out for your auto insurance. Each of these factors is a statistically based risk for a specific, location, group or population. If the risk associated with one person is higher, the higher is the amount he or she will likely pay for coverage. Below are just some of the risk factors; there are a lot others like purpose for use of the car, miles driven, and others.

Age. Based on statistics, drivers who are under 25 years old are at higher risk of having an accident than those who are over 25 years old. Drivers who are 50 to 65 years of age are generally those who have the safest records.

Gender. Studies also show that women are much safer drivers. However, that trend is changing now as more female hop into the driver seats.

Marital Status. Realistically, someone who is married will pay less than someone with single status, given they have the same driving records.

You can consider above these factors and see what you can do to alter them to change your situation and affect your car insurance premium. Also there are other factors you may consider to save on your insurance premium. These are:

• Driving Violations. If you have an accident record or other moving violations like speeding tickets, reckless driving, or DWI, you definitely have higher accident risks and this increases your insurance premium. Some insurance companies in the market will reprimand you for your violation for as long as five years from when you had the incident. However, it is good to keep in mind that as your record improves, your insurance premium gets lower.

• Accident Claims. A clean driving record will help you better to get low insurance premiums than a record with lots of tickets and accidents.

• Geography. Where you reside makes a lot of difference. Those who live in areas where there is little or no traffic will definitely spend less on insurance premiums compared to those who live in cities and congested suburbs. This is so because areas with a lot traffic are more prone to accidents. There are also some neighborhoods with higher rate of vehicle thefts, thus resulting to higher premium.

• Credit Rating. A lot of insurance companies out there see having a poor, or also lack of credit history as an indication of higher risk, thus these insurance companies will likely charge you a much higher premium. If you have a good credit score, you will most likely save on insurance premiums.

• Vehicle Type. Generally, a cheaper car or vehicle cost less if you insure them than a luxurious SUV.

• Occupation. Some insurance companies also look at your occupation and correlate these to possible risks. For example, a newspaper delivery boy is perceived to be of a higher risk than the person who sits in his office desk the whole day.

• Education. If you have higher education, you can save on your insurance premiums.

• How far you are from the office

• The number of miles driven every year

• Your years of experience in driving

• Type of use of your vehicle

• If you are currently an auto insurance holder and how high your limits are

• Auto protection systems (can be a factor to have discounts)

• Insuring more cars and drivers (another opportunity for availing discounts)