5 Factors You Didn't Know Determined Your Car Insurance Rates

Car insurance rates can sometimes be a mystery. Why do you pay more for car insurance than your neighbor, and why does your cousin pay more than you do? Here are 5 factors other than your driving record that go into determining how much you will pay to be insured on the road.  Age If you've ever had a teenage driver in your home, you are aware of this factor. People between the ages of 16 and 19 are more at risk than anyone else for getting into car accidents.

Usage-Based Auto Insurance Pros And Cons

If you're looking for an innovative way to reduce your insurance costs, then you'll want to take a look at usage-based auto insurance.  But before you sign on the dotted line, it's a good idea to weigh both the pros and cons of signing up for this type of auto insurance. The following contains some helpful advice when it comes to choosing a usage-based policy. How Usage-Based Insurance Works Insurance companies (such as Ashland Insurance Inc) typically calculate auto insurance rates based on a broad range of customer factors, from demographic information (age, marital status, etc.

The Most Common Homeowners Insurance Claims And How You Can Avoid Them

Homeowners insurance is a necessity for anyone that owns their own residence. Since virtually every homeowner has it, there are some common claims that occur over and over again. Here's a look at some of the most common claims filed on homeowners insurance, and what you can do to avoid them. Water damage Damage from water is the most common reason a homeowner will file an insurance claim. This can be from a cracked or leaking pipe under the house, a hose from a washing machine or dishwasher, or a gutter that's not channeling water away as it should.

Insurance Tips: Obtaining Coverage On Your First Vehicle

Your first vehicle is likely the first major purchase of your life, perhaps your very first adult decision. Whether you saved up to pay cash for a used vehicle or are financing a new one, buying a car is an immense responsibility. Purchasing and maintaining car insurance is a significant portion of that responsibility. You must make sure your car is protected and that you can protect yourself in the event of an accident.