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Unread 21-08-2006, 18:14
Jay H 237 Jay H 237 is offline
Down at the railroad
AKA: Jason Hartmann
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Re: Teenage insurance?

I want to add something that I forgot to mention and no one else did either.

If you increase your deductible it will lower your rates.

If you can afford it (if you ever need to make a claim) go for a $500 or $1000 deductible instead of $100 or no deductible at all.

How's this work? If you have a $100 deductible and then you have $750 in damages then you pay the first $100 and then the insurance covers the rest, $650. If you can afford to pay more out of your pocket in case of incident, the less your carrier has to pay, the less you will pay for coverage.

Body style of the vehicle will also affect the rates. You pay less for 4 drs and wagons than you do for 2 drs.

Some insurance companys also ask about the registration type. Here in CT some companies charge more for a "Combination" registration/plates than a regular one. You don't have to worry about this with an Audi but here in CT it has to be taken into account with most pick-ups and some full size vans that CT won't allow to be registered without 'stepping' up the registration to "Combination" even though the vehicle will NEVER be used for work purposes.
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