What factors can affect my insurance premium with AIG?

Several factors can influence your insurance premium with AIG. Firstly, the type of coverage you choose plays a critical role, as different policies come with varying risk levels and associated costs. Secondly, your personal circumstances, such as your age, gender, location, and credit score, can impact the premium since these details help assess the risk you represent to the insurer. Thirdly, your claims history is significant; if you have filed numerous claims in the past, this may lead to higher premiums, as it indicates a heightened risk profile. Additionally, the deductible amount you select can also affect your premium: higher deductibles typically result in lower premiums, while lower deductibles increase the premium cost. When considering property insurance, the condition and age of your home, along with safety features such as alarms or sprinkler systems, can also influence your rates. Lastly, taking advantage of discounts available for factors such as bundling policies, maintaining a good driving record, or having no gaps in coverage can also result in lower premiums. For further information on how these factors apply to your specific situation, visiting AIG's official website is advisable.