3 years ago
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My_Rilax ·
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Finding good rates to insure a teenager may be a difficult task. First, we have to think about how insurers base our rates depending on the risk.
Statistically speaking, the driver’s age has a direct impact on the number of claims due to accidents reported to insurance companies. The ages from 16 to 24 are the ones which will be high rated by insurers. Of course, someone who is 24 with no accidents will pay less than a 16-year-old with no accidents; however, the big drop in rates is when you turn 25.
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3 years ago
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My_Rilax ·
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Most personal auto insurance carriers will not cover a vehicle that maybe used for work-related activity. The only instance in which your vehicle maybe related to your work is when you use it as a way of transportation from your house to your place of work.
Some policies may be more lenient than others, but you must be extra careful and review your policy. The major problem is when self-employed people think that because they are not enrolled in big operations and are rather a small type of business, they will be exempt from being considered commercial usage.
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4 years ago
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My_Rilax ·
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Why are you better off with an independent agent than a “captive” agent?
To understand this concept, we have to understand the difference between these two insurance worlds that many people are unaware of.
An independent insurance agent is an individual (or an agency) who works for you; they are associated with many insurance companies, and do the “shopping around” for you. They often provide policy services and, in a nutshell, they work for your best interest.
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