Factors include the type of coverage, coverage limits, deductibles, your location, credit score, claims history, age, and specific risks associated with what you're insuring.

Factors affecting insurance premiums include your age, location, credit score, claims history, type of coverage, and the insured item's value or risk profile.

After a speeding ticket, your auto insurance premium increases because your risk profile has changed. Your broker helps you find a more affordable policy.

Maintain a good credit score and safe practices to keep your premiums low. Your broker can guide you on additional savings strategies.