Auto Insurance For - Dummies

Insurers look at "risk." The more likely you are to crash, the more you pay. Key factors include: Tickets and accidents make you "risky."

Living in a high-crime or high-traffic area raises rates. auto insurance for dummies

At its core, auto insurance is a contract between you and an insurance company. You pay a fee (the ), and in exchange, the company pays for specific financial losses during an accident or theft. It exists for two reasons: Insurers look at "risk

Fixing the other person’s car or the fence you hit. and in exchange

Statistically, young men pay more because they have more accidents.

Pays for "acts of God" or random events—theft, fire, hail, or hitting a deer. C. Medical and Uninsured Coverage