Drivers are generally aware that their driving record is fundamentally connected with the amount of money they are charged for car insurance. Many other factors affect premiums, such as marital status and credit history.
Drivers might wonder whether certain aspects of health ever cause car insurance rates to go up or down. Health status normally doesn’t affect a car insurance quote in Magnolia, but factors that are often related to health can have an impact.
Age Considerations
The youngest drivers have the highest premium rates because they cause a higher percentage of accidents than any other age group. On the opposite end of the spectrum, elderly drivers also tend to see their premiums rise because accident rates tend to increase when people reach their elderly years.
In general, the reactions times of elderly persons are slower, and they are at greater risk of a sudden negative health event that can result in a vehicle collision. A stroke or a heart attack are examples. People in their senior years who aren’t happy with the rate they are paying may look for an independent agency that can provide a car insurance quote in Magnolia from several companies.
Disabilities
Before 1990, U.S. drivers with disabilities could be charged higher rates for the same coverage as non-disabled individuals. A federal law went into effect that prohibited discrimination against disabled persons and a higher automotive insurance rate for the same coverage was no longer allowed. They may still pay more if they drive a vehicle with adaptive equipment such as a wheelchair ramp.
Factors That Affect Rates
Otherwise, health-related factors are generally not considered by automotive insurance underwriters. Instead, they focus on aspects that include driving history, where the vehicle is parked overnight and how many miles the person drives it annually. A lengthy daily commute means a bigger risk of a fender bender, especially if the driver travels in a big city with congested traffic.
Anybody who is dissatisfied with rising premiums may consult with an agency like Insurance Discounters of Texas and see whether they can get the coverage they want at a more affordable rate. Browse our website for details.
