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Senior drivers often enjoy lower insurance rates than younger drivers until around age 70. After that, Afilalo says, “rates can tick up for drivers in their 70s and 80s due to a slight increase ...
The Age Discrimination Act makes it illegal for insurers to deny coverage or set rates based solely on age. However, insurers can legally consider several age-related factors when determining your ...
Dan Hardle, CEO of Agent Boost Marketing, recommended that all retirees shop around for the best insurance plan for them. It can largely change based on their location, their income and their health.
Generally insurance premiums tend to become lower at the age of 25. Some insurance companies offer "stand alone" car insurance policies specifically for teenagers with lower premiums. By placing restrictions on teenagers' driving (forbidding driving after dark, or giving rides to other teens, for example), these companies effectively reduce ...
The best insurance for your high mileage car depends on your comfort with risk and the vehicle’s value. For a car with several hundred thousand miles on the odometer, ...
Many juvenile life insurance policies can be written without the need for a medical exam. In the case of larger policies, a doctor or insurance agent may have to confirm the age, sex, height, weight, and apparent healthiness of the child. There are optional riders to the basic policy that can add up to $2,000,000 of guaranteed coverage. [7]
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