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.
If you are anything like me – you are constantly trying to find a way to keep your car insurance low, low, low. Have you ever noticed that people with red cars actually get more speeding tickets than people with blue cars? Have you ever noticed that car insurance companies actually rise up the rates on different car colors?
That is why doing your research is so important! While no one really keeps official statistic, there have been a lot of stories about red cars not only getting pulled over more often, but they have also been known to have higher car insurance premiums as well. Police and insurance companies say it’s impossible for a car color to influence a premium, but have you done your own research?
My parents owned red cars forever and now that they have switched to blue and black cars – the premium has gone down. Explain that!
Saving money on car insurance is something that everyone in the world … especially right now want to do. Did you know that it is actually one of the easiest things in the world to do? Well, I did not until I actually did just a little bit of research. Below, I am going to explore some of the ways that you can cut the costs on your car insurance premiums and make sure that you get the most of your policy!
One of the first things on my list is going to be do not … I repeat, do not modify your car or truck. If you are thinking about it, it is going to, in the long run going to catch up with you in the form of a higher car insurance premium. So make sure that you stay away from the modifying of your car as it will save you a whole lot of money!
The next thing that can save you a lot of money is not filing a claim with you car insurance company if the amount is five hundred and under – to be honest, you can save up to 30% on your car insurance premium by not filing small claims … that’s a lot right? Stay tuned for more tips and tricks in how to save some cash on your car insurance premiums!
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!