Insurance premiums depend on many factors. Things like where you live, your driving experience and the type of car you have all affect your premium. As you gain more driving experience, you may see your insurance premium decrease. However, if you move to a new city or neighbourhood, you might see your premium increase! It can be frustrating to see these changes, but they are all based on how likely you are to submit a claim. To understand why your insurance premium is what it is, and to see how you can save, be sure you speak to an insurance broker.