Kansas drivers need car insurance as part of their budgets, but that doesn’t have to be costly. By shopping around and taking advantage of discounts or adjusting coverage according to individual needs, drivers can control the cost of their premium. This MoneyGeek article details how to calculate average car insurance rates in Kansas as well as explores various factors which affect policy prices.
Credit Scores
Kansas and many states use your credit score as an assessment of risk when offering auto insurance policies. Drivers with lower scores tend to file more claims, so insurers charge them higher rates. A 2.2x difference can exist between having good or poor credit.
Driving Record Your driving record is another significant factor influencing Kansas car insurance rates. Drivers with clean records should anticipate paying lower premiums due to their reduced risk profile; conversely, even one traffic ticket or DUI conviction can significantly raise premiums; these violations often remain on your record for up to five years and could impact premiums accordingly.
Vehicle Model
Your car’s year, make, and model can have an enormous effect on its Kansas car insurance rate. Newer cars tend to cost more due to higher repair costs and resale value. Drivers should also keep in mind that certain models may require additional safety equipment to comply with local traffic laws or may be more vulnerable to theft and damage than others.
Location can play an enormous part in determining your insurance rates, as insurers consider factors like crime and accident rates, claims history and repairs cost when calculating premiums for drivers in urban areas versus rural settings. On average, urban drivers often pay more than their rural counterparts for car insurance policies.
Age
Your Kansas car insurance rates also depend heavily on the age and experience of its drivers. Younger drivers usually pay more, as they have limited driving experience and thus present greater risk to insurers. Rates tend to decline from 20s-60s age group as drivers gain experience and build solid driving histories.
Coverage Levels
It is essential to remember that Kansas state requirements only stipulate liability car insurance; collision and comprehensive are optional coverage options, meaning drivers often require extra protection in the form of additional policies to safeguard themselves and their vehicles against financial damages arising from an accident or theft.
MoneyGeek makes finding affordable car insurance easy by identifying Kansas’ top insurers based on affordability, financial stability and customer service satisfaction ratings – Auto-Owners, Travelers and State Farm have earned top honors here and should be carefully considered when searching for coverage policies.