Perhaps a little known fact is that the one of the primary drivers of the price of auto insurance premiums is the insurance companies perception of the level of risk that any particular group of drivers presents, or in other words, how likely they are to make a claim against the policy that results in the insurance company paying out.
This fact can be a double edged sword. If you are in a low risk group then it is likely that you will benefit from lowered premiums. But if you are in a high risk group it is unlikely that you get the best insurance deal on the market.
Women drivers are in the first group. If you are looking for cheap car insurance for women then it is quite likely you will find many car insurance companies that offer competitive quotes. Ladies tend to receive lower rates because these car insurance companies have discovered, through exhaustive statistical studies, that women tend to drive more safely than men. The ladies tend to have less accidents than their male counterparts, and also have less scratches or fender benders. Men have more accidents, and their accidents have a tendency to be more damaging overall. This is because women drivers take fewer risks and use safer driving techniques than men do.
You might even find an auto insurance company that offers even more cost-saving benefits and protection plans for your car and belongings. For example, a company may offer you handbag insurance; that means that if someone breaks into your car and drives off with your car and purse, everything in the car is covered by your insurance.
There are even more insurance saving tips out there for shrewd young women, do make sure you do your research and find the best rates possible. Avoid purchasing cars that are difficult to fix; you can find lists of these sorts of cars online. The more expensive it is to repair a car,the higher your insurance rates are going to be. You can also take defensive driving classes to up your chances of getting a good insurance rate. You'll not only be learning important safe driving techniques for yourself and your family, but these classes can save you up to 10% on your insurance premiums!
Student drivers on the other hand are firmly in the second category. Anyone looking for cheap car insurance for students is likely to find a much more difficult time getting a decent quote than women, as anyone who ever paid for their insurance as a student, or who has students in their family, knows. The main advice here is to spread your net wide, keep trying and don't get disheartened if you encounter initial poor results.
Andrea has created a great resource covering many of the important aspects of personal debt management. This includes how to deal with specific financial problems and making sure that your outgoings on financial products are minimized.
If you wish to read more on how to find cheap car insurance for students [http://tradecourt.com/cheapcarinsuranceforstudents/] or possibly learn more about how to benefit from cheap car insurance for women [http://tradecourt.com/cheapcarinsuranceforwomen/] then why not check out Andrea's site.
Article Source: http://EzineArticles.com/expert/Andrea_M_Jones/322420
Article Source: http://EzineArticles.com/2884264
No comments:
Post a Comment