May 25, 2017
We bet you’ve wondered how car insurance premiums are calculated. Do you ever have discussions with friends of similar age and driving history and find you’re all paying very different premiums for what would appear to be similar coverage?
Insurance premiums are based off of many factors, all of which play a role in your total premium for your auto insurance. A single difference of any of these can give dramatically different outcomes. Some factors insurance companies use to calculate premium can include:
Insurance companies do their best to determine a premium for your situation and calculate a premium that will be profitable for them. It may surprise you to know that many insurance companies try to earn just a few cents on each dollar of premium they collect.
While it is impossible to guess what you are going to be paying each year, you can improve your odds of getting a great rate and terrific coverage by calling a local independent insurance agent. Wickline Insurance represents multiple insurance companies, so we can provide you with comparison quotes from several of the top insurance companies in your state.
Wickline Insurance was founded in 1991 and is a leader in West Virginia with providing quality protection to hundreds of families across the state. Our Beckley, WV office can issue policies over the phone, so even if you’re not in the area, our knowledgeable, licensed insurance agents can help. We offer insurance products including auto, home, health, business and life in West Virginia. We make sure that you're covered today as well as in the future so that you can focus on what is important to you and your family. At Wickline Insurance, our #1 job is to assist you in identifying your needs and problems, while putting together a customized plan that's simple and easy to understand.