Auto insurance companies have employees called actuaries who work like data-based fortune tellers to figure out the rates that individuals will pay. One significant factor that influences your rates is, of course, your driving record. However, other factors go into the price-determining equation that might surprise you.
Your Level of Education
The connection between the two things may not seem clear, but drivers with bachelor’s degrees tend to pay less for car insurance than someone with only a high school diploma.…
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If you have been notified by the insurance company or Department of Motor Vehicles that you need to have SR22 insurance coverage, you may be wondering what it is and why you need it. SR22 is not actually insurance. It is a certificate that is attached to your current insurance policy. It is required when you have been deemed to be a “high-risk” driver. It is used as proof that the driver has the required insurance should he or she be responsible for any damage or injury caused while driving.…
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Are you shopping for your new car insurance? If so, the biggest concern and issue you may have when shopping around are the quotes that the insurance companies are giving you. Well, rather than assume the only way you can reduce these rates is to lower the coverage you receive, consider other alternatives. There are many easy and better ways to save when it comes to your coverage, which is why it is important that you take advantage of saving opportunities like the following:…
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