Abrir

Contact Us

Headquarters (787) 749-4600

Call Center (787) 781-7100


Stay Informed

We want to share with you the latest information about our programs and activities. Subscribe to our news.

Our main office location:

Physical address:

1441 F.D. Roosevelt Ave.
San Juan, P.R. 00936

Take me there
Postal Address:

P.O. Box 363628
San Juan, P.R. 00936-3628

Triple S Propiedad
Tools Login

What determines the cost of auto premiums?

These are some of the main factors that the insurance company takes into account when setting rates or premiums for car insurance:
  • To determine the level of risk, the policyholder’s age, sex, marital status, driving record, and claims history are considered.
  • To determine the probability of an accident, the level of use of the vehicle and area of residence are considered, especially if you live in an urban area where there is more traffic. The distance between the home and the workplace is one of the formulas used to calculate this figure.
  • To determine risk of theft, the type of vehicle is considered, since there is a wide variety of cars on the market with different costs, from trucks and 4×4 SUVs, to luxury and sports cars.
  • To determine the premium to be paid, the deductible and coverage limits are considered, as they may increase or reduce its cost. The higher the deductible, the lower the premium.
loader