When you are purchasing for cheap vehicle insurance coverage, it’s essential to know that your premium is determined by many risk aspects — numerous of which you can influence, and some of which you can’t. But don’t despair over what’s out of your manage. Take into account these factors as you shop around to figure out what, if something, you can do to get insurance coverage with lower monthly premiums.


Exactly where you live


Densely populated areas usually have larger rates of accidents and thefts, which increases insurance coverage expenses. Some cities also face larger labor expenses for auto repairs. Higher repair expenses can make claims much more costly to settle, resulting in greater premiums.


High unemployment rates can make it hard for some cities’ residents to afford insurance coverage. In cities with a high price of uninsured drivers, it’s a good thought to get uninsured motorist coverage, which protects you in case of an accident involving an uninsured motorist. But far more coverage signifies you will pay a lot more in month-to-month premiums.


Your age


Drivers under 25 are going to struggle to find low-cost vehicle insurance coverage since research shows they’re more probably to be in accidents than drivers with more encounter.


Rates also normally start to go up following drivers turn 70. The Centers for Disease Manage and Prevention says greater fees for this group are due in element to impaired vision, poorer cognitive functioning, physical limitations — such as arthritis — and use of prescription drugs.


Your gender


Sorry guys, investigation also shows that men are a lot more likely than ladies to get into car accidents and engage in risky behaviors such as speeding or drunk driving. Men are also far more likely to acquire vehicles that are costlier to insure, like sports automobiles, and are less probably to put on seat belts.


Your state’s laws


Insurance regulations differ broadly among states, and some of those requirements lead to higher auto premiums.


No-fault insurance laws are a excellent example. No-fault automobile insurance coverage will cover medical rewards and other accident-related expenditures regardless of fault. And no-fault states impose restrictions on how significantly you can sue for, unlike conventional tort insurance.


While no-fault insurance can lessen lawsuits and speed up health-related claims, it is also ripe for fraud. Fraud contributes to greater insurance rates due to the fact most insurers pass the fees of bogus claims and fighting fraud onto policyholders.


Don’t be frustrated by pricing factors that are out of your manage. There are lots of things you can do to reduce your auto insurance coverage rates, like keeping a very good driving record and owning a vehicle that is low-cost to insure.


Sarah Cooke is a employees writer covering personal finance for NerdWallet. Adhere to her on Twitter @sarah_wolfe and on Google+.


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