Archive for January 2019
How Gaps In Car Insurance Affect Rates
Insurance companies take many things into account when they determine your car insurance rates. Some factors that may affect your car insurance are your car’s make and model, your gender, age and your insurance claims history. Another important determining factor is your insurance history, specifically whether or not you have had any lapses in coverage, and whether…
Read MoreWhat Happens If You Lie To Insurance Company
Statistics show that it is quite common for people to lie to insurance providers when applying for insurance. A recent survey of 3,000 consumers by CoverHound revealed that 51 percent of car insurance applicants did not give truthful information to insurance providers. Some consumers may have made an honest mistake and others lie in order…
Read MoreWhy Duplicate Car Keys Cost A Lot To Duplicate
A few decades ago, car keys were made simply and were also cheap to duplicate. However, this simplicity made it easy for criminals to make copies of car keys and steal cars. In the mid-1990s, car makers began using transponders or chip keys to reduce car theft. This had led to an increase in prices since duplicating…
Read MoreWhen To Drop Full Coverage Car Insurance
Full coverage car insurance is a combination of comprehensive and collision coverage. Comprehensive insurance covers damages for non-driving events and collision coverage covers damages from collisions with other vehicles. Full coverage insurance covers events like: Theft Storms, hail, wind, floods, lightning, and earthquakes Accidents with animals (hitting a deer) Hitting a tree Being hit by…
Read MoreHow To Get Cheap Car Insurance For Teens
Insurance companies charge teen drivers more for insurance policies because of their inexperience driving. This does not mean that insurance has to cost a small fortune for teens. There are three simple ways to reduce the cost of auto insurance. Pick an affordable car to insure When picking a car for your teen, find a…
Read MoreMillennials Living At Home Pay More For Car Insurance
Millennials living at home with their parents pay more for auto insurance coverage, according to new research. There are two main reasons this is. Millennials living at home have less evidence of financial responsibility and are missing out on bundling savings. Young adults already have higher risk profile compared to older generations. Their credit scores may be lower and their lack…
Read MoreThe Cheapest Car To Insure In 2018
An online study named the 2018 Jeep Wrangler the cheapest car to insure in the U.S. in 2018. The Jeep Wrangler costs approximately $1,169 to insure annually. One of the best ways to save on car insurance is buying a car that has cheaper car insurance premiums. These cars are affordable and safe to drive. …
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