To estimate the car insurance premium, drivers should consider factors that affect the cost, such as age, driving record, credit score and geographical location, according to Car Insurance. The type of car and the driver's gender and marital status also affect the rate, states Esurance.
The geographical location of a driver affects the car insurance rate, states Car Insurance, which offers an online premium estimator. Criteria used by insurance companies include how many accidents, auto thefts and claims occur in that area. Drivers who live in a big city or urban area encounter traffic congestion, which increases the risk for an accident. This raises the insurance premium. Rural areas and small towns tend to have lower car insurance rates.
The driving record of the car insurance holder also is an important factor when estimating the insurance premium, according to Car Insurance. Insurance companies look at previous accidents, moving violations and any history of driving without car insurance. Insurance rates are higher for these items on the driving record. On the other hand, insurers often offer discounts for drivers with clean driving records.
Other factors are less important but still affect the rate, according to Esurance. These factors include the make and model of the vehicle, the driver's age, gender, marital status and credit score.