Auto insurance rates vary greatly based on factors ranging from age, address, and gender to employment, usage, and driving history. Many auto insurance companies use credit reports as a risk assessment tool as well and they also consider the type of car you drive.

If you just purchased a new car and you need coverage fast or even if you are thinking about switching auto insurance providers, there are several questions you should ask that could help you save money without skimping on coverage. One of the most common questions savvy auto insurance shoppers ask is “do I need all of these coverages and what exactly do they cover?”

As the number of drivers on the road continues to increase and percentage of drivers on the road without insurance continues to rise, so will the average auto insurance premium. The amount consumer’s pay for auto insurance depends on a number of factors ranging from age and gender to driving record and usage.

Depending on the state and the auto insurance provider, uninsured and underinsured motorist coverage may be sold separately. Driver’s can purchase any amount of coverage they choose, but most insurance providers recommend purchasing the same amount as their Bodily Injury Liability limits.