Frequently Asked Questions

Why is my auto insurance rate so high?

A number of things influence an auto insurance rate, such as: where you live, driving record, age and gender. If you’re married, your auto insurance rate will be lower than if you are single. To some extent, even the make and model of your car plays a role. Demystifying the situation happens when we plug in your information and look at rates across several insurance carriers. We’ll walk you through your options and help you find a policy that feels right for you.

Why does my credit score matter?

Like it or not, studies show a connection between rates for insurance and your credit score. The FTC study found that credit-based insurance scores are effective predictors of risk under auto policies.

Why does the age of my home cause the rate to be higher?

Since older homes can develop electrical wiring, plumbing, roofing or foundation issues, the insurance rates can be higher. If your older home has a woodstove or fireplace, you’ll pay more for premiums — remember, it’s worth putting a little extra money into paying for its maintenance. If you fail to maintain it, the insurance carrier will most likely deny your claim and probably cancel your policy.

What can I do to lower my auto insurance rates?

Yes, it can pay to shop around. Most insurance carriers gradually raise your rates over the years because they count on shopping around being too much of a hassle. Moving closer to work and improving your credit can also help. Good advice goes a long way towards saving. Give us your story — we’ll run the numbers and find track down the best deal for the right coverage.

For seniors: Are they charging me more because I am old?

At around age 65, most will see an increase in car insurance premiums. With a clean driving record, the increase won’t be terrible. If possible, driving a modern car with good safety features (airbags) will help save on costs. It couldn’t hurt to take a refresher course on safe driving (through AARP or local senior center) as you might qualify for a discount from your insurance carrier. Letting us gather quotes for you from several insurance carriers to compare rates is the quickest way to find the best senior auto insurance rate.

Will my teen driver raise my auto insurance rate out of sight?

Auto insurance rates for a New Mexico teen driver will indeed see a fairly reasonable surcharge rate increase of only 62% compared with Nebraska and Texas. Sorry, but you’ll be seeing an average increase of 147% (ooph). Modern, safety equipped crossovers, SUVs and minivans tend to get the lowest premiums.

Does your teenager have good grades? Awesome Insurance can shop for policies that give price breaks. And we can keep an eye out for better deals by re-shopping each year to make sure you’re getting the best teen driver insurance deal. Costs will gradually drop each year a teen driver gains experience behind the wheel, provided they keep a good driving record. It can’t hurt to encourage your teen to enroll in a safe-driving course – preventing accidents is always the best way to keep and auto insurance rate down, in general.

We provide personalized services to all our clients. Awesome Insurance is ready to answer your questions about life and health insurance. Call us at 817-239-8172.