Monday, September 21, 2009
Cheaper Car Insurance -- Effects Of Your Age Range
Some age ranges are preferred in car insurance. There are also age groups that are not preferred in car insurance. Knowing the opinion of insurance company on your age group is so important that it cannot be overemphasized. We all understand by now that the higher the age group you belong to the more affordable your auto insurance premium given a similar profile. Therefore, your auto insurance premium can be reduced dramatically by being on your parents' auto insurance policy.
To use this option your vehicle has to be registered in your parents' name. Has that removed the attractiveness? Add to that the fact that it is required that such young persons have to live with their parents in order to take advantage of this option and the attraction gets reduced even further. You just have to decide if you want to take adult privileges with their attendant responsibities.
There are many factors that determines your auto insurance rates. This article has concerned itself with the effect of age on your car insurance premium. Even at that, you must note that its relevancy score won't be the same in every insurance company. There will, therefore, be a disparity in the quotes you get from different insurance companies. Differences of over $1000 are common. This difference in auto insurance rates has made it imperative that you get and compare as many quotes as you can if you really want to make huge savings.
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