Insurance Q&A: “Why is car insurance cheaper for women?”
Before we get started, it’s important to point out that car insurance is not always cheaper for women than men. There are many factors involved in how car insurance rates are determined that can result in a woman paying more than a man.
For example, a young woman [...]
File this under bizarre: If you or your children use a social media network such as Facebook or Twitter, your homeowners insurance premium could rise, according to the The Digital Criminal report.
The survey, conducted by UK insurance firm Legal & General, found that social media users share all types of personal information with basic strangers [...]
Insurance Q&A: “Why is car insurance so high for teenagers?”
The answer becomes abundantly clear when we consider that insurance is a business. Insurance companies are out to earn money. The business model is simple. Collect small, calculated amounts of money from as many individuals as possible based on projections of how much money will be [...]
