Average Monthly Car Insurance Rates

How much is the average car insurance payment per month? The average monthly car insurance rates are based on a variety of factors, such as the amount of coverage, the state in which you live, your ZIP code, the make and model of your car, your age, and your driving record. Keep in mind there…

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Rental Car Insurance Coverage

Is it necessary to buy rental car insurance? Every time we make our way to the car rental counter, we’re forced to make a split-second decision as to whether or not to take out additional rental car insurance coverage. While some people decide to save their money and take their chances, other are firm in…

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Does credit card debt increase car insurance rates?

Unfortunately, having debt on your credit cards can negatively affect how much you pay for car insurance. Car insurance companies use a lot of tools to determine their risk when making car insurance coverage available to you. If you have debt that is unpaid or relatively high, it is sometimes a warning that you cannot…

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What happens if you have a car accident without insurance?

There is a reason that car insurance, or proof of financial responsibility, is required in all 50 states. When an accident occurs, someone has to pay for the damages caused by that accident. If you don’t have the proper insurance, then the person you hit either has to find a way to pay for the…

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Car Insurance Discounts for Federal Employees

Many insurance companies offer special discounts to policyholders that have certain jobs, and that includes car insurance for federal employees. The jobs that typically qualify for these car insurance discounts tend to be public service jobs like teaching and law enforcement. But do car insurance discounts for federal employees exist? Yes, federal employees also qualify…

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Do smaller cars equal cheaper insurance?

The premise kind of makes sense: Less car should equal less money. Unfortunately, there doesn’t seem to be any evidence that having a small car saves you money on your insurance. Enter your ZIP code and compare car insurance rates from multiple companies now! Factors like your age and driving record far outweigh things such as…

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Anti-Lock Brakes Car Insurance Discount (How Much You Can Save)

Anti-lock brakes (ABS) are a common safety feature that can save you money on car insurance. They’re a standard feature on cars today, and as a result, most companies offer an anti-lock brakes car insurance discount. Safety features on your car are an easy way to get discounts on your car insurance. Safer cars mean…

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Driving Without Insurance: Avoid Lapses in Coverage for Lower Rates

Every state has rules about having at least minimum car insurance coverage on any registered vehicle, and if you’re caught driving without insurance you should be prepared to pay a fine to your state. Multiple offenses can add up and even cost you your license. If you’re caught driving without insurance, you’ll need to pay the…

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Various Factors Affecting Car Insurance Rates

The factors that affect car insurance rates are similar across the board, but the precise value each car insurance company assigns to those factors varies widely. Complex formulas are used to determine the car insurance rate for any given driver. These formulas take into account areas such as: the type of car your demographic your…

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