There are many things that will affect your car insurance premium, especially if you are looking for insurance for over 2500cc cars.
Every insurer underwrites the same, therefore there is no universal answer what will affect your premium the most, but many insurers will care for this when determining a price of insurance for over 2500cc cars.
Driver’s age is very important when it comes to car insurance. If you are a young driver under 25 years old, there is a big chance that your car insurance will be very expensive not mentioning if your car has engine over 2500cc. The more experienced you become, it will only help you with a price of your premium because statistics shows that younger drivers are more likely to be involved in car accidents.
Driver's Record is also very important when it comes to determining a price of insurance for over 2500cc cars. If you are someone who’s made numerous claims or been in multiple accidents, an insurer will most probably consider you a higher risk. This will show that you are not a safe driver and that you are even driving recklessly. Even though car accident could happen to anybody, it will still affect your premium. The truth about car insurance is that if you never had a car accident, there is a bigger chance that you will get better deals and that your premium will be more affordable
However, if you happen to be involved in a car accident for the first time, most car insurance companies will offer you accident forgiveness. Some insurance companies will offer you a deal like not increasing your car insurance rates even if it is not your first accident, in case you are licensed and accident–free for the preceding 6 years or so. If you a teen, you should buy this kind of insurance on your parents name as they will be very costly. Check out car insurance for 18 years old boy for more information.
If you went a year without a claim you will get a no claim discount. There are many insurance companies that will give you a discount for every year you don't make a claim, usually up to a maximum of 50 percent of discount.
The nature of your job and how many miles you usually drive can also affect the cost of your car insurance premium. If you use your car to and from work, there is a big possibility that your car insurance will be cheaper than for people who drive their cars a lot.