Very Cheap Auto Insurance - Tips That Guarantee Affordable Car Insurance Rates
Tuesday, October 13, 2009
Affordable Auto Insurance -- Effects Of Age
Certain age groups are favored in car insurance. In the same vein, some are not. The importance of knowing the thoughts insurance companies have of your age bracket. We all should know by now that the higher the age group you belong to the lower your car insurance premium given a similar profile. So since your parents are certainly above that range if you are of driving age, then you can reduce your premims by using your parents' auto insurance policy.
To use this choice your car has to be registered in your parents' name. Has that removed the attractiveness? Besides, any young person who wants to take this route must live with their parents. This makes it even less attractive. Independence demands a lot -- Responsibilities.
Many factors are used to calculate your auto insurance premium. I have just spoken on age grouping and how it changes your car insurance rate. But it must be said that the weighting it gets will differ from insurance company to company. There will, therefore, be a disparity in the quotes you get from different insurance companies. It is normal to have difference of $1000 for a comparable profile and covereage. Because of this, anybody who has any plans of making huge savings has to get and compare as many quotes as needed.
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