Marriage and Insurance: Will You Save On Car Insurance?

Getting married isn’t all romance these days. Consider marriage and insurance, for example. Did you know you can save on car insurance by tying the knot? For some couples, this can translate to hundreds — or even thousands — of dollars a year, with a savings of up to 30 percent. Why Does Car Insurance Go Down When You Get Married? First of all, people who put off getting married until after college will automatically see a rate decrease when they reach 25. Secondly, you’ll save money by combining two family members onto one policy; a “multi-car discount” is a…

High Tech: Telematics Is A New Way To Save On Car Insurance

Telematics is a relatively new concept to car insurance providers in America, yet it’s taking Europe by storm. In fact, the global market for telematics is expected to reach $50 Billion EUR by 2020, according to some reports. “Black Box” telematics car insurance works by using satellite to collect data on the driving habits of motorists. Insurance providers can examine acceleration, braking, length of time driven, and other data. All this gets broken down into a formula for what people pay for their premiums. Does Telematics Affect More Than Just Car Insurance Rates? According to Co-operative Insurance analysis of 10,000 telematics…

Allstate and Geico Hike Illinois Car Insurance Premiums

One fact about car insurance premiums is that they’ll never stay the same. You may have celebrated when you got that awesome rate and saved thousands of dollars that year… but have you checked your rate lately? Has it crept up a couple percentage points? Allstate filed a 3-5 percent rate increase with the Illinois Department of Insurance; this change will go into effect May 17th. Similarly, Geico is increasing rates 2.5 percent, starting May 10th or June 25th. By contrast, the state’s largest car insurance provider, State Farm, slashed its rates 2 percent in December 2011, after several years…

Get A Better Tulsa Car Insurance Rate

Price isn’t everything when it comes to Tulsa car insurance. One motorist says he took out a “name your own price” policy that was significantly lower than all the other quotes and he thought he was fully insured. Yet, after an accident totaling his car, he found out he was not, in fact, fully insured. He had to pay off the remainder of his auto loan, even though he couldn’t drive the car. Then he had to pay to tow the totaled vehicle that he would never drive again. Imagine that! But it happens all the time. Know What You’re…