Are you aware of what affects your car insurance rates, either positively or negatively? Not a lot of drivers are, so we are going to clear things up in a quick little list!
- Age: below 25, out of luck; ages 50-65, safest drivers ever.
- Gender: sorry boys, the ladies are considered safer than you are. But we’re not gloating (much).
- Marital status: single suckers, married drivers pay less for their rates.
- Location: traffic congested suburbs and/or high crime areas, out of luck; low traffic, low crime areas for the win!
- Driving violations: just hang it up for the next five years or so, or else DRIVE SAFER!
- Type of vehicle: go ahead and drool over that gorgeous old Jag, but at the same time be happy, because your ’97 Grand Am costs way less to insure.
- Credit rating: poor credit or no credit, start taking the bus.
- Education: you are not too cool for school, rack up all the student loans you can, because you’ll be paying less for insurance.
Canceling your car insurance is something that everyone has to go through. Trust me, I know that I have done it quite a lot of times and I know that it can be difficult, however there are some things that you need to know whenever you are thinking about canceling your car insurance.