MANAGEMENT

Detailed explanation-1: -Your driving record – The better your record, the lower your premium. If you’ve had accidents or serious traffic violations, it’s likely you’ll pay more than if you have a clean driving record. You may also pay more if you’re a new driver without an insurance track record.

Detailed explanation-2: -18-year-old drivers on their own policy pay the highest car insurance premiums out of the age groups Bankrate analyzed.

Detailed explanation-3: -Men tend to pay more for car insurance overall, though the difference is slight-about 1%. The difference is most pronounced for teens and young adults.

Detailed explanation-4: -Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.