Auto & Home Insurance AUTO & HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS & COMMERCIAL

Insurance protects you against loss if you have an accident.

Read More
Mobile Home & RV Insurance MOBILE HOME & RV

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Motorcycle Insurance MOTORCYCLE

Browse a variety of insurance options in order to find the right one for you.

Read More
Boat Insurance BOAT

Learn about different coverage options that fit your specific needs.

Read More
Life Insurance LIFE

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

Average American Spends More than $80,000 on Car Insurance in Their Lifetime

money

The average American spends a staggering $84,388 on car insurance in their lifetime.

No, that’s not a typo. That’s your bill, according to the latest analysis of car insurance quotes by Insurance.com.  (A written copy of this article can be furnished upon request.) 

The company arrived at this figure using the assumption that people buy their first car at 21, get married at 27, and then add two teen children to their auto insurance policy between the ages of 46 and 50.

The real rise in insurance rates happens when teen drivers hit the road, as we all know the cost of teen car insurance can be astronomical.

This has to do with how insurance rates are determined, as those with little experience and a tendency to drive erratically pay the price in extra insurance premium.

This figure also takes into account a variety of drivers with all types of insurance claims and driving records.

The good news, I guess, is that you may pay substantially less than this if you are a good driver and force your 2.5 kids to pay for their own insurance.

And be sure to ask about every available discount, such as the good driver discount, the good student discount, and  the multiple policy discount!

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
LinkedIn
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder