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Saturday, September 19, 2009

Cheaper Car Insurance -- How Age Affects It


Some age ranges are favored in car insurance. A few age bracket, on the other hand, are considered high risk. If you have done anything on car insurance, you must have placed yourself by now. 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. So since your parents are certainly above that range if you are of driving age, then you can reduce your rates by using your parents' auto insurance policy.

Some youths may not like this chioce because it means that they will not have the car registered in their name. Add to that the fact that it's required that such youth must live with their parents in order to take advantage of this option and the attraction fades even further. If you want independence, you'll have to do what it takes.

There are many factors that are used to check your auto insurance rates. How your age affects you car insurance has been the subject of this article. However, you must know that its relevancy score won't be the same in every insurance company. On a larger scale, your profile will be interpreted differently by various insurance companies resulting in diverse quotes. The difference could be as much as $1000 or sometimes more. This difference in car insurance rates has made it important that you get and compare as many quotes as you can if you do intend to make massive savings.

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