There are a number of factors that are taken into account when providing a car insurance quotation. For instance, your age, where you live, what you do for a living, how many miles you estimate you will travel in your car each year, the make and model of car, the car’s value, your driving record i.e. do you have any penalty points on your license and whether you are say married, divorced or single.
So, why should whether a motorist is married or divorced make any difference as to how much he or she is being quoted? Well, motor insurance companies look at various statistics in relation to the claims that they receive from motorists on their car insurance policies.
For instance, an 18 year old driver who has just passed his or her driving test is likely to pay quite a bit more for their cover than if that same driver was say 40 years of age with 22 years motoring experience. This is because, statistically, the younger driver is more likely to be involved in a road traffic accident than the older driver and, therefore, can expect to pay a higher premium.
Insurance companies have statistics indicating that a divorced motorist is more likely to be involved in a road traffic accident than a married motorist. Therefore if you inform your insurer that you have recently got divorced it is quite likely that your car insurance premiums will increase. You may also be charged an administration fee by the car insurance company as you have made a change to your policy.
When your policy is due for renewal or you are trying to sort out cover for the first time then you may wish to consider getting a number of quotes from different insurance companies to compare them. You may be surprised at the price difference between some of the insurance companies for the same type of cover. It costs you nothing to shop around whether you choose to speak with a number of insurance companies direct or use an insurance broker or go online and use a price comparison website.