Know When You Are Paying Too Much for Auto Insurance in Maitland, FL

Does your monthly bill for auto insurance in Maitland, FL, seem a little high to you? If so, you may be right because many factors come into play when determining your rate. We have plenty of expertise with auto policies at Mike Elliott Insurance Agency, Inc., and we are happy to provide information on the factors that determine the price.

For instance, renters pay as much as 6% more for auto insurance than homeowners. Not all companies do this, but it’s something you can ask your provider if you feel this affects you.

If your car is one that doesn’t perform well in crash tests, you could be paying more. These vehicles are considered a safety risk for an insurance company because they suffer more crash damage. A similar factor could be that your car costs more to repair. Some foreign models, for example, require expensive parts and service to repair.

If you have one of those fancy or sporty models, they might be at greater risk of being stolen, too. That means higher auto insurance premiums.

An additional item to note is that if you have a long commute to work, then your rates could be high because you’re on the road more.

If none of these situations apply to you, then you should reach out to your insurance company to discuss your coverage because you may be paying more than necessary.