Your insurance rates are also determined in part by the type of car you drive.

Auto insurance rates are determined based on driving records. Where you live Auto insurance rates are usually higher in urban areas where accidents and car theft are more frequent. Non-disclosure or misrepresentation on your part of any of these facts could cause your rates to go up. Generally speaking there are five factors which almost every automobile insurance policy uses to determine your premiums.

There are many factors that influence the cost of your premium. Your insurance rates are also determined in part by the type of car you drive. An insurance company has the right to cancel your policy if the information you have given is not correct or complete.

The better your record the lower your premium. So if you get a speeding ticket under your current policy your rates might not be affected until your policy renews. Your driving record and insurance history matters both are influential factors in determining your insurance rate.

You may feel that a car insurance company sets its rates by throwing darts at a dartboard or consulting a Ouija board but thats not the case. Thats how insurers check driving records and what they look for when they get those records. Keep an eye on your records and stay out of collisions to get the best rates.

All companies rate differently based on their prior history of providing car insurance. Theres a wide variety of factors going into how insurance companies determine their rates. In Saskatchewan for example the basic rate is determined by the make model and year of your car.

Some of those factors are obvious some less so. Lets look into how your driving record affects your auto insurance rates. Getting a Car Insurance Policy from Surex Surex is an online Canada-wide broker for over 10 insurance companies.