I’ll be honest, I don’t own a car. I reside approximately 2 minutes’ drive from the workplace and see it pointless for me to pay hundreds each month on auto insurance just to be able to drive two blocks to work. Obviously a car is convenient when you’d like to visit a friend over lunch time or need to quickly grab dinner on the way home, but car insurance costs are just too much nowadays, or that is what I assumed. Until I went on the internet to research the various kinds of car insurance, various organizations, what they offer and what you get for your money. Even though I don’t have car insurance, I do believe it is important to know everything I need to know about it, just in case, you know.

There are numerous things to consider before buying an auto insurance policy, since these factors will affect your premium directly. Your sex and marital status will affect your premium directly. Some insurance companies only insure women, as men are believed to be less responsible and thus more prone to being involved in accidents and crashes. Obviously, how old you are will also affect your premium. If you are under the age of 25, you are regarded as being ‘reckless’, and will pay a higher premium than your 26 year old friend. If you are over the age of 40, for instance, you will also pay a higher premium, because your medical conditioning can come into play. The older you get, the more expensive your insurance premium will be. Your driving history and credit record will also affect your premium, along with how frequently you drive, where you drive or stay and how much you drive. These factors all need to be considered before taking out a policy, as they will determine how deep you’ll have to burrow into your pockets every month, so choose wisely!

I have also discovered that you don’t even have to step out of your home in order to obtain an auto insurance policy, everything can be done on the internet! How amazing is that! Thanks to the evolution of technology and the internet, you are able to request and compare car insurance quotes online, often even for free! Once you’ve made a decision to which policy to go with, you can apply for the insurance policy on the insurance company’s website and all communication will be done over the web! Furthermore , i discovered some shocking information about insurance companies and the industry. Insurance policy applicants will lie about lots of things to try to decrease their insurance premium. They’ll lie about how often they’ll use their car and how quick kilometres build up on the clock. They will also lie about where they drive and where the car is parked in the evening; for example, they will say that the car is parked inside a secured car port to avoid a higher premium. The risk of the car being stolen from a locked garage is much less than the risk of it being stolen from an open driveway.

I have learned that even though I might not need auto insurance right now, it is important that I know exactly what it is and what it involves, because I will certainly need it in the future.

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