Automobile rates are determined from several factors:
If could be the company you are with. Be sure to shop around,
What does your driving history look like? If you have a record of events, this will increase your rates.
Age. If you are a teenager, your rates will be higher than someone in there 30's for example.
Credit history. Some companies use this as a factor to your premium rates.
Type of coverage you have. This is a bit subjective however if you are still paying on your car, then you probably are paying for full coverage. This is more expensive than just liability. Please note, I am not recommending you to get liability just to reduce cost. Consult your auto insurance agent to review the plans you have available and the related costs. Be sure to ask why you need it, is it mandatory or required, what you loose if you do not have it.
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If could be the company you are with. Be sure to shop around,
What does your driving history look like? If you have a record of events, this will increase your rates.
Age. If you are a teenager, your rates will be higher than someone in there 30's for example.
Credit history. Some companies use this as a factor to your premium rates.
Type of coverage you have. This is a bit subjective however if you are still paying on your car, then you probably are paying for full coverage. This is more expensive than just liability. Please note, I am not recommending you to get liability just to reduce cost. Consult your auto insurance agent to review the plans you have available and the related costs. Be sure to ask why you need it, is it mandatory or required, what you loose if you do not have it.