How are my premiums set?
Many things affect your Autoplan premiums:
[click
for definition]
- Rate
classes - What you use your vehicle for: business, driving
to work or school, pleasure, etc.
- Where
you live - If you drive where there's heavy traffic, you have
a higher chance of being involved in a crash, so your insurance
costs more. That said, who knows exactly where they'll be driving
every day? So for non-commercial vehicles, your territory is decided
by where you park your vehicle when it's not in use.
- Your
claim record - If you have a long record of claim-free driving,
you save money through our Claim-Rated Scale and RoadStar
savings. If you cause crashes, then you pay a higher premium.
- The
vehicle you drive - Cars that are expensive to repair, cars
that tend to be involved in crashes, cars that are stolen more
often than others: all cost more to insure when you buy optional
insurance.
- Additional
coverage - What type and how much optional coverage you choose
to buy will obviously affect your premiums.
Disputing your premium
- While you cannot dispute the actual amount of your premium, beside
the points listed above, there are additional
ways to save money on your insurance.
