Having access to a motor vehicle makes it easy to travel from one place to another, but this convenience comes at a cost. A current auto insurance policy is required for all vehicles being operated on the nation's roadways, and monthly premiums can be costly for young drivers that the insurance companies see as a risk. If you are hoping to reduce your monthly premiums, here are three discounts that could help you accomplish your goal.
You've likely heard the term 'SR-22' used before, but never really knew what it meant. Many people never have to worry about an SR-22, but if your state requires you to have one, you need to know what it is and how you can obtain it in order to regain your permission to drive legally in your state. Here are the basics about SR-22 insurance, and what it means to you if you are required to obtain it.
Cutting monthly expenses, such as auto insurance premiums, is one way for young adults to tackle debt and grow their savings. However, plans designed to meet only a state's minimum requirements backfire in a big way during certain situations. Taking out a little extra coverage now helps you avoid these four common disasters that strike underinsured drivers. Many states set high limits for minimal vehicle coverage, but other areas allow drivers to opt out of important protections altogether.