Car Insurance

You can save on your car insurance-if you know where to look. Which of the following do you see as possibilities for saving on insurance?

1. Your car is equipped with anti-lock brakes,

2. Your teenager has just gotten a driver’s license.

3. You and your spouse are over 50.

4. Your car has an anti-theft device.

5. You live in the inner city and park on the street.

6. Your teenager has completed driver’s education.

7. Your teenager is in the top 20 percent of his or her class.

8. Your teenager goes to college 100 miles from home and has no car at school.

9. You park in a garage.

10. You own your home.

ITEMS 2 AND 5 WILL RAISE YOUR INSURANCE COSTS. But all the others offer options to save on insurance. If your car has special equipment that makes it safer to drive, like anti-lock brakes or running lights, or if it is protected from theft and vandalism, you can save money. Ditto if you and your spouse are over 50, have clean driving records, good credit, and demonstrate stability such as owning your home or living at the same address for several years.