FOSTER CITY, Calif.,
June 8, 2021 /PRNewswire/ -- Finding
the right car insurance, and knowing how much to buy, can be a
confusing process for many drivers. To simplify this process,
CarInsurance.com, a one-stop destination for unbiased, expert
advice on car insurance, shares an auto insurance estimator tool
that gives drivers baseline costs calculated from their specific
profile.
The car insurance estimator is available here: Car Insurance
Estimator - How to estimate car insurance in 2021.
"We designed our car insurance estimator with a goal of making
it easy to conduct research into potential policy rates," explains
CarInsurance editorial director Michelle
Megna. "In five simple steps, drivers can get estimated auto
insurance rates for three coverage levels, based on their personal
profile. Consumers can compare rates as often as they like, with no
need to share their contact information."
Factors affecting insurance rates
CarInsurance outlines common factors that can impact the amount
drivers pay for insurance.
Type of car. Insurance companies charge
based on the type of car drivers have and the average rates by
vehicle in 2021 were:
- Vans; $1,443
- Trucks; $1,684
- SUVs; $1,729
- Tesla Model 3; $2,917
- Teslas (all models): $2,838
- Cars; $2,164
- Convertibles; $2,427
Experience. Many parents add teenage drivers to
their policy and CarInsurance data shows this can lead to
significant rate hikes. Gender at this early age can also affect
rates. Adding a 16-year-old girl to a policy can increase car
insurance by 125% ($1,872) on average
annually, while adding a 16-year-old boy can hike rates by 160%
($2,292).
Marital status. Married couples can save 8% to 15%
on their car insurance policies, as well as receive discounts when
they combine their policies.
Driving record. Both major and minor violations
can affect the cost of insurance. Drivers who have minor
violations, like speeding tickets, can see rate increases of 20% to
43% and those with major violations, such as DUIs, can receive at
least 80% rate hikes.
Mileage. Since driving less means people have a
lower risk of being in an accident, mileage plays a role in how
much insurance companies charge. CarInsurance finds that commuters
who drive less than 15 miles each way can save 8% on average.
The CarInsurance estimator is user friendly, accurate, and fast
and is part of a suite of valuable calculators that can help
drivers navigate auto insurance, including getting the right amount
of coverage, understanding average rates for used car insurance and
assessing premiums by ZIP code.
Megna is available to answer questions about the estimator and
elaborate on recommend how consumers can take advantage of a
combination of tools to save on car insurance rates.
About CarInsurance
CarInsurance is owned and operated by QuinStreet, Inc. (Nasdaq:
QNST), a leader in providing performance marketplace technologies
and services to the financial services and home services
industries. QuinStreet is a pioneer in delivering online
marketplace solutions to match searchers with brands in digital
media. The company is committed to providing consumers with the
information and tools they need to research, find and select the
products and brands that meet their needs. CarInsurance is a member
of QuinStreet's expert research and publishing division.
CarInsurance is a one-stop online destination for car insurance
information, providing unbiased, expert advice on how to shop for
insurance plans, what consumers should pay and what coverage they
can get from a policy. Since 2003, CarInsurance.com has been
educating consumers through its breadth of expert content, tools,
and in-depth studies to help site visitors make informed decisions
about their car insurance.
Twitter: @carinsurance
Facebook: www.facebook.com/carinsurance/
Media contact
Jacqueline
Leppla
Senior Director of Public Relations
Direct +1 775 321 3608
Cell +1 775 842 9048
Email: jleppla@quinstreet.com
LinkedIn
View original content to download
multimedia:http://www.prnewswire.com/news-releases/carinsurancecom-offers-user-friendly-auto-insurance-estimator-tool-301306930.html
SOURCE CarInsurance.com