Find out what influences the value of car insurance

In addition to the vehicle model, other factors influence this cost.

The insurance value is never the same from one person to another, even if they both have the same car, manufactured in the same year. In addition to the brand and model, insurance companies take other factors into consideration when offering this service.

According to the Smartia, which is the first online insurance website in the country, in partnership with TEx Tecnologia, the characteristics of the driver himself can make a difference in the final value. The greater the risk to the insurer, the greater the cost to the owner. Understand these factors!

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Usability

Those who only use their car for weekend trips pay less for insurance. This happens because the vehicle spends less time on the street and is therefore at less risk of being crashed or even stolen.

On the other hand, if it is used daily, the risks are greater and so are the costs. Despite this, the insurance guarantees great value for money, as it is cheaper than buying another car — due to theft, for example.

Age

For insurers, drivers aged 18 to 25 are in a risk group, as they are more involved in accidents. As a consequence, these people pay more for insurance compared to older people.

To give you an idea, according to studies by Smartia, a young man in this age group can pay R$5,945 for the protection of an HB20, while a man aged 26 to 35 can pay R$4,542.

Sex

More cautious and attentive to traffic, women are less involved in accidents. Furthermore, many of them prefer not to drive at night, a period when collisions and robberies are more frequent. Therefore, insurance for women is cheaper than for men.

marital status

Just like women, married people are also seen as cautious. In general, this happens because they don't have as busy a social life as single women and often drive in the presence of their family.

Residence

The type of residence may affect the price of insurance. If the house or apartment has a garage, the car will have more security and will be less vulnerable than on the street. This will make vehicle protection more affordable.

When it comes to the driver's address, insurance companies take into account the average number of robberies in the neighborhood. In more unsafe places, the cost may be higher compared to quieter locations.

Driving history

Another aspect that safety can evaluate is the driver's history. If the individual repeats traffic violations, the price charged may be higher. On the other hand, those who respect the rules and do not have points on their license can receive a discount on their insurance, depending on the service contracted.

About Smartia

Founded in May 2010, Smartia is a pioneer in selling car insurance online. The company aims to make life easier for drivers who cannot go to a broker or insurance company, nor want to spend time on the phone checking prices in various places.

*This text is editorial content and does not guarantee the sale of this product on this website.