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If Youre Poor Youll Pay More For Car Insurance Study Finds - Latest News


If you're poor, you'll pay more for car insurance, study finds

It doesn’t matter if you have a perfect driving record. If you’re poor, you’ll pay significantly more for basic car insurance, a consumer advocacy group said Monday. In its new report, the Consumer Fe... read more

You'll pay more for auto insurance if you have bad credit. Here's why.

Does being behind on your bills make you more likely ... Progressive and Geico. That study showed people in Missouri with no credit history at all pay 69 percent more for car insurance than people wit... read more

Basic Car Insurance: It Isn’t an Option, It’s Absolutely Necessary

There is one major reason for you to have insurance on your ... of mind you’ll have when you buy cheap car insurance that gives you the protection you need at an attractive price. There is such a “thi... read more

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8 Reasons to Get Renters Insurance

For instance, if your car insurance doesn’t cover medical expenses in the event of a car crash, your renters insurance may, which would mean that a bad car accident ... Odds are, you’ll benefit from i... read more


How to save money on car insurance in 8 easy steps

Your mileage. The more mileage you put on your car, the more you can expect to pay in auto insurance. If you have a long commute to work or frequently take road trips, you'll likely find ... there are ... read more

23 Ways to Slash Your Car Expenses

Savings: Using the MONEY office ... Reports study. In some states, drivers with merely good scores paid as much as $526 more a year. 15. Say no to your teenager … A married couple can expect to pay 80 ... read more

8 Ways to Lower Your Car Insurance Bill

If you got sticker shock the last time you renewed your car insurance ... or the amount you’ll have to pay upfront for a claim before coverage kicks in. “The first dollars of insurance are always the ... read more

Put away that credit card. You need to use cash more

The resistance that has weed merchants even more ... leave your Visa, Mastercard, or AmEx at home, log out of PayPal, Apple Pay, and Venmo, and pack your wallet with as many dead presidents as you can ... read more

A Guide to Borrowing Money From Friends and Family

That's why, if you're going to ask for money – or you're considering lending money – you'll ... pay for their child's education," Zisa says. Your house and car is "where the real money goes out the do... read more

8 Important Decisions to Make Before Buying a New Car

The bad news is that you’ve still got several important steps to take before it is time to make a deal. 5.) Get Insurance ... pay for it. Again, if you’re selling a well-maintained example of a popula... read more

3 Ways You May Be Throwing Money Away Without Realizing It

According to a recent study ... you'll pay $1,145 more just in interest. That might be worth it for the lower payments. But let's say you have bad credit and you're paying a high interest rate. Buying ... read more

3 Things We’ve Learned About How Demographics, Credit Scores & Marital Status Affect Your Car Insurance Rates

For the fictional driver in the study, that means a difference of more than ... you couldn’t pay right away, have to do with the likelihood that you’ll get into an accident? It’s not like the insuranc... read more



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