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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 ...
Surprisingly, senior drivers may pay higher rates than younger drivers. Learn 10 sensible ways to drive rates back down. 10 Ways Seniors Can Cut Their Auto Insurance Premiums
Imagine that you've had a vehicle for years, and while you've taken great care of it, it's currently worth just $3,000. Under the terms of your auto insurance policy, you have a deductible of $1,000.
2. Take advantage of discounts. Another solid strategy when you need to know how to lower your auto insurance rate is to consider discounts. Companies typically offer several discount ...
The Motley Fool Ascent's research recently found that 20% of drivers have never shopped for cheaper car insurance, and only 26% shop for price quotes every year.
It's more important than ever with the average American spending $1,775 annually on car insurance, according to Motley Fool Money's research on the cost of car ownership.
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