Insurance companies consider several factors when determining your premium, including your driving record, age, location, type of vehicle, coverage limits, and deductible chosen. Other factors such as credit history and previous insurance claims can also play a role.

The types of coverage you need depend on various factors, including legal requirements in your state, your financial situation, and your vehicle's value. Common types of coverage include liability (which covers damage you cause to others), collision (which covers damage to your own vehicle), comprehensive (which covers non-collision damage like theft or weather).

After an accident, you should prioritize safety and then gather information such as the other driver's insurance details, witnesses' contact information, and photos of the scene if possible. It's important to report the accident to your insurance company promptly, even if you are not at fault. They can guide you through the claims process and help you understand your coverage.