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Does Age Affect Car Insurance Rates?

Oct
16

Does Age Affect Car Insurance Rates? ›

October 16, 2019

Did you know that an 18-year-old’s annual premium averages around $5,200, whereas a 50-year-old pays roughly $1,700 on average? That’s because younger drivers and very senior drivers usually pay the highest premiums. A simple reason is that insurers set rates… Read More ›

In: Affordability, Education
May
26

Car Insurance If You’re Unemployed: Affordable Options ›

May 26, 2017

Yes—you can get car insurance even if you’re unemployed. Car insurance companies generally do not base your rates directly on whether you have a job. Losing your job doesn’t automatically mean your premium will shoot up, and you won’t be… Read More ›

In: Affordability, Tips
May
1

Can’t Afford Car Insurance? What to Do When You’re Struggling to Pay ›

May 1, 2017

If you’re having trouble affording your car insurance premium, don’t panic—there are practical steps you can take. Start by contacting your insurer and explaining your situation. 

Many companies offer short grace periods, payment extensions, or can adjust your billing… Read More ›

In: Affordability, Education, Tips
Jan
12

How to Save for Your First Car: Budget Tips for First-Time Buyers ›

January 12, 2017

The best way to save for your first car is to start with a clear savings goal and a dedicated monthly budget. Begin by researching how much your ideal car costs, then factor in extras like insurance, registration, and… Read More ›

In: Affordability
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