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Tuesday, August 18, 2009
Cheap California Auto Insurance -- How Age Affects It
Insurance companies favor some age range above others in auto insurance. Certain age bracket, on the other hand, are considered high risk. The need of knowing the thoughts insurance companies have of your age bracket. All things being equal, people in a higher age group are seen as less risk in auto insurance. This means that being on your parents' auto insurance policy will reduce what you pay dramatically.
Some youths may not like this option because it means that they will not have the vehicle registered in their name. Add to that the fact that it is required that such youth must live with their parents in order to benefit from this option and the attraction gets reduced even further. You just have to decide if you prefer to take adult privileges with their attendant responsibities.
Your California auto insurance premium is determined by several factors. How your age shapens you car insurance has been the subject of this article. Even at that, different insurance companies have different relevancy scores for it. This means that your current profile will attract different premiums from different insurance companies. The difference could be as much as one thousand dollars or sometimes more. This changes in auto insurance rates has made it nessessary that you get and compare as many quotes as you can if you do intend to make massive savings.
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