It’s an all too well known fact that teenage car insurance rates are far from cheap. Teens have been targeted for higher insurance premiums for decades because insurance companies view all new drivers as unsafe drivers that pose a higher liability to the company. Usually, by the time a driver reaches 25-years-old and has had a few years of incident-free driving, they will be able to find more affordable premiums. In the meantime, there are some ways that parents, and even teenagers themselves, can lessen the cost of teenage auto insurance. Read the rest of this entry »
Common Sense Tips to Keeping Your Auto Rates Low
-->There are some common sense things that we can do to help keep our auto insurance premiums as low as possible. Let’s look at a few important ones.
Think twice before you lend out your car. If you give your friend permission to borrow your car and they have an accident, you are liable. That might mean you have to cover the deductible and your premiums may go up. If you’re looking to avoid unnecessary increases to your policy, don’t lend out your car!
Shop around every three years for a new policy. Things change and if your driving record has improved, you may be eligible for a lower premium. Getting a new quote is easy and can end up saving you quite a bit. Read the rest of this entry »