Monday, August 31, 2009

Auto Insurance Advice from Kiplinger's

Kiplinger writer Jessica Anderson provides a good summary on 'What You Need to Know About Auto Insurance,' online and in their September 2009 issue.

A few highlights, paraphrased from the article:
  • The number of claims filed by other drivers, including how costly those claims are, has an impact on your premiums.
  • Cars that are inexpensive to repair are less expensive to insure.
  • If your car is worth less than ten times to cost of coverage, consider dropping collision and comprehensive. Note: lender may require collision.
You can read the full article at www.Kiplingers.com.

Want more auto insurance advice? Click insurance from my list of topics and you'll find tips to maximize the value of your plan while maintaining a BudgetFree lifestyle.
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