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Mature drivers can often snag lower car insurance premiums and access special discounts that can put hundreds back in your wallet each year. Learn 8 proven ways to maximize savings on auto ...
Generally, older, less expensive vehicles are cheaper to insure than newer, higher-performance cars. Read more: check out our picks for the best car insurance companies 3.
A commonly required liability insurance is $25,000/$50,000/$25,000. Here's how it breaks down: $25,000/$50,000 for personal injury (PI) liability.
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
Auto insurance risk selection is the process by which vehicle insurers determine whether or not to insure an individual and what insurance premium to charge. Depending on the jurisdiction, the insurance premium can be either mandated by the government or determined by the insurance company in accordance to a framework of regulations set by the government.
The number of older drivers on the road is growing and bound to increase at a more rapid rate, as more baby boomers become seniors. [7] According to an AARP spokeswoman, by 2030 over 78 million boomers will be 65+, and research shows that men will outlive their driving abilities by six years and women by 10.
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