Are Your Kids Driving?

Are Your Kids Driving?

If so, you know teenagers are expensive to insure. To cut costs start by raising your collision deductible – the higher your deductible, the lower your rates. (Although keep in mind you will pay more out of pocket if you do have to file a claim.) Also consider paying for minor repairs out of pocket instead of filing a claim; in most cases even filing a small claim will cause your rates to increase dramatically. Then think about the value of the car your teen drives; if it is not worth a lot more than the deductible, consider dropping collision and comprehensive coverage on that vehicle. Then check on discounts; many insurance companies provide good student discounts and discounts for kids who are away at college.

Also try to get your homeowners and auto insurance from the same provider, since many offer discounts on multiple policies.

What is New

Stock Market

Stocks headlines
Index Last Change
Dow 16979.13 59.54
Nasdaq 4526.48 -1.03
S&P 500 1986.51 4.91
NYSE 10949.49 19.83
AMEX 2723.94 -27.94
Input stock ticker 
Or company name