Category Archives: Finance Guide

Car Insurance – Finding Specialist Insurance For Women

Brake, a road safety charity, recently conducted a survey. The results may surprise many male drivers. Only 46% of those questioned believed men were less safe drivers than women, and 42% believed the risk factors were equally balanced. According to the Home Office Statistics, 97% of dangerous driving convictions last year were committed by men. These results were […]

How Actually Reading Your Policy Can Save You Hundreds on Your Car Insurance

They promise it on TV-car insurance coverage that is 10-20% lower than the current car insurance rates of “leading competitors”. What does that actually mean? This doesn’t necessarily mean that they are giving out low rates of insurance like candy. Smart, savvy drivers who take the time to understand their car insurance policies will be able to save […]

Understanding Your Auto Insurance Premium

Why all the mystery? Fred and Marcy are right next door and pay less for their auto insurance premiums than me. Why is my rate so much different? Most people find the process of insurance companies calculating premiums completely random. It is not, I can assure you. Insurance companies spend millions of money calculating and weighing many factors to […]

What Year Did Car Insurance Become Mandatory?

Car insurance provides financial protection against damage to a vehicle and liabilities associated with accidents, including expenses such as repairs, medical bills and legal claims. Car insurance is mandatory across most U.S. states; however, individual state laws vary accordingly. Massachusetts was the first to introduce mandatory coverage requirements in 1925 followed by Connecticut and Virginia […]