Everybody makes mistakes, but when you make a mistake driving your car, it can get expensive. Many traffic violations have a demerit point attached to them. When you commit a violation, the demerit points are added to your driving record. If you receive 15 or more demerit points in a 2-year period, your license will…
When people first start to think of insurance, it is typically related to their first car, or their first home, and it is usually because the law or bank requires us to purchase it. Although tenant insurance is not required, it is equally as necessary to have. Your landlord may have insurance that protects his…
When inexperienced drivers are just starting out with their license, they have no prior record to prove that they practice safe driving habits. Since accident rates for young drivers have always been high, especially for young single males, insurance companies need to protect themselves against potential losses. This protection is passed on to young drivers…
Many people expect their car insurance to automatically drop because they have been with the same insurance company for a couple years. The assumption is that if they do not have any claims, their rates will go down. Unfortunately, this is not always the case. Drivers who are thought to be at risk for accumulating…
Auto insurance premium rates are based on a variety of risk factors, and vary by company. Your age, gender, the type of car you drive, the number of years insured, any prior accidents, claims, or traffic violations are all factors that may be taken into consideration when calculating insurance premiums. For example, a driver that…