Age is something that could cost you dearly in auto insurance but you can also benefit from it if you know what to do. Yes, even if you belong to that "dreaded" under 25 group, there are ways to make savings due to age. You can also focus on just lowering your risk factor if the other options don't really appeal to you...
First, if you are a senior citizen, you're certainly taken a lower risk unless your driving history proves contrary. It even gets better for people who are 50 plus. Special attention and consideration are also provided for this age group by some insurance companies.
But, for those who unluckily fall in that dreaded (as far as auto insurance in concerned) age group, getting married will lower your risk factor with most insurance companies. This is not a practical joke. It works.
Being under twenty five, male and single will attract a far higher rate than otherwise. People who never went on a reckless ride with such a profile can be considered to have never done such.
But once youths are married, they become more thoughtful. The sense of being responsible, a spouse to look after and a child that you will want to be there for affects your driving. The cost of your car insurance are, therefore, reduced considerably in spite of your age (once you are married) for this reason.
Another option for you is to use your parents' car insurance policy. If you're of driving age, then your parents certainly are far above twenty five years which means they are better risk drivers.
You must remember that the car must be registered in their name and you must be living with them if you want to take advantage of this option. If you do not like the idea of handing the car's ownership to them and other stuff that may be attached to that, then you will have to forego this alternative.
These are just a few of many ways you can lower your car insurance premiums. It is really worth it if you take out some time to search for all the ways. Whether you do or don't, the real way of getting massive savings possible is by getting quotes from every insurance company that is relevant to your profile and then compare their premiums. The savings we're talking about here could run as much as over one thousand dollars.
First, if you are a senior citizen, you're certainly taken a lower risk unless your driving history proves contrary. It even gets better for people who are 50 plus. Special attention and consideration are also provided for this age group by some insurance companies.
But, for those who unluckily fall in that dreaded (as far as auto insurance in concerned) age group, getting married will lower your risk factor with most insurance companies. This is not a practical joke. It works.
Being under twenty five, male and single will attract a far higher rate than otherwise. People who never went on a reckless ride with such a profile can be considered to have never done such.
But once youths are married, they become more thoughtful. The sense of being responsible, a spouse to look after and a child that you will want to be there for affects your driving. The cost of your car insurance are, therefore, reduced considerably in spite of your age (once you are married) for this reason.
Another option for you is to use your parents' car insurance policy. If you're of driving age, then your parents certainly are far above twenty five years which means they are better risk drivers.
You must remember that the car must be registered in their name and you must be living with them if you want to take advantage of this option. If you do not like the idea of handing the car's ownership to them and other stuff that may be attached to that, then you will have to forego this alternative.
These are just a few of many ways you can lower your car insurance premiums. It is really worth it if you take out some time to search for all the ways. Whether you do or don't, the real way of getting massive savings possible is by getting quotes from every insurance company that is relevant to your profile and then compare their premiums. The savings we're talking about here could run as much as over one thousand dollars.
About the Author:
Get more tips at Really Cheap Auto Insurance and Affordable Auto Insurance. Chimezirim Odimba writes on insurance.
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