When we first obtain our learner’s license at 16 years of age, driving often becomes part of our daily lives and increases our likelihood of being involved in a car accident.
In 2017, there were 5,281 car crashes resulting in casualties on South Australian roads. Surprisingly, the age bracket most at risk of falling casualty to a collision was between 30 and 39 years of age.
Be careful all year round, but be extra cautious during March, as 2017 recorded 673 casualties of road accidents – the highest number that year.
Moving house may affect your car insurance premiums. If you move to a postcode that is considered riskier due to higher rates of theft, or a busy city centre where car accidents occur more frequently, you may notice a rise in your premiums; especially if you’ve come from an area that is deemed low risk.
Lodging a claim, no matter who was at fault, can affect your premiums. An at-fault claim will increase your premiums more, whereas a no-fault claim may not affect it as greatly.
Drivers under the age of 25 may face higher premiums than older drivers. This means insurers can offer discounts to drivers who are over 30 years old. This is typically because younger drivers are less experienced, and statistically more at risk than other age groups.
Car insurance premiums can be affected by the type of vehicle you’re driving, as well as any modifications that may impact the car’s driving safety. Your age, driving history, and your gender, may impact your premiums as well.
Conversely, car immobilisers, antilock brakes, alarms, and other anti-theft features may help reduce your car insurance premiums. Even the simple act of parking your car in a locked garage as opposed to a busy street can help reduce the cost of your cover, especially if you’re parked somewhere with a high rate of theft or vandalism.
Find out more about what factors can affect the price of your car insurance.
While car insurers (depending on the type of cover) can cover your car against hail damage, insurers may not cover cars with pre-existing hail damage. If insurers do provide cover for hail damaged cars, their premiums may be more expensive. For further information, read car insurance for hail damage.
Government of South Australia, Department of Planning, Transport and Infrastructure, Registration and Licensing Statistics (2017)
National Motor Vehicle Theft Reduction Council (2017)
The Economist, Global Liveability has Improved for the First Time in a Decade, (2017)