Insurance Changes you should make?

Insurance Changes you should make?

  • Posted: Feb 21, 2016
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Insurance for your kids going back to school Changes you should make? My only child is going to college 800-plus miles from home. He’ll be using the bus system to get around because his college doesn’t allow students to have cars on campus. Since he won’t have access to any of our vehicles for nine months of the year, can we save on auto insurance? Yes, you most certainly should be able to save money on your car insurance while your child is off at college. Drivers under the age of 25 are deemed to be high risk by car insurance companies because there is a strong possibility they’ll be in accidents and claims will be filed. This makes the cost to insure a young adult quite high. If your young driver is hundreds of miles away and won’t be driving your vehicles for a majority of the year, your insurance company’s risk goes down. Thus, it’s a perfect time to contact your insurance company to share your child’s college news and discuss making some adjustments to your policy in order obtain cheaper car insurance rates….

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