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cost of auto insurance - determining my car insurance premiumAsk 10 people how their Auto Insurance premium is determined, and you’ll get 10 different answers. 

The reason that you'll get different answers is largely because of the many elements that influence the amount of your auto insurance premium.  In addition to the amount of coverage and type of coverage, insurers must consider many other factors – some of which you can control but others you cannot.  The relative importance and weight of these factors varies from insurer to insurer. Thus, your Auto Insurance premium will vary as well. 

Just what is involved? Check out this infographic from the Insurance Information Institute to see the WHAT and the WHY of factors that impact your auto insurance premium.

Before you purchase an auto insurance policy, we suggest that you consult with a trusted insurance agent who will ask the right questions and get to know you.  Only then can your agent help you find the insurance policy that is right for you and explain the process involved in arriving at the amount you’ll pay. 

Do you already have Auto Insurance? Then, maybe it’s time to sit down with your agent to review your current coverage and determine whether you still have the best policy for your needs at the best rate available. 

Feel free to contact any of our very capable and experienced agents at the William M. Sparks Insurance Agency here in Lutherville/Timonium, MD to discuss your insurance questions.  We can help you review your current insurance policy and explore your options to be sure you have the best coverage and protection according to your circumstances. 


Friday, 18 June 2021 16:18

happy new year carIt’s that time of year when we all decide the improve ourselves. We set out New Year’s resolutions, usually designed to enhance our health or our appearance. Those are admirable goals for sure. But if you’ve been there and done that, year after year, you might be ready for something fresh – something that will polish your skills and keep you safe at the same time.

We’re talking about resolutions to become a better driver. To make it a little easier for you, click on READ MORE below for some suggested resolutions to keep you safe on the road...

Saturday, 14 January 2017 18:44

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