Tag: car insurance
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Insurers use a wide variety of factors to determine your insurance rates. The underlying assumption is that all these factors will help them determine how likely are you to file a claim. Since the insurance company is looking to earn a profit from every policy sold, it wants to make sure that the price (i.e.,…
Such times do fall under the category of occurring only on rare occasions, but there are indeed instances that it makes sense to exclude a family member from your auto policy. Not only are they rare, they normally lead to a higher auto insurance cost for all involved.
While smaller cars are designed with safety in mind, “safety” is a relative term. Just as it’s a given that the smallest cars normally provide the highest fuel economy, it’s also a given that generally speaking, the larger a car is, the safer it is.
The largest insurer in the U.S., State Farm Mutual Automobile Insurance Co., is reporting that thousands of homeowners and auto claims have already been submitted.
Your child may be an excellent driver, and they may have an impeccable and spotless driving record – but you’ll still pay way more for an auto policy once they’re added to it.