But for the people below 25 years of age the car insurance rates will be higher since, as researches say that the people below this age are more prone to accidents than older ones. An uninsured person driving a car if prone to accidents does not get any refunds. The person whoever is driving the car without a minimum license will be either imprisoned or his/her license will be cancelled. For the people below this age are generally dependent and are included in their parents’ insurance plan policy.
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A few factors that do affect your insurance include where you live, how you use your car (like commuting), and your driving record. Myth #2 If a friend borrows your car, theyre covered by their own insurance policy Theres nothing wrong with letting a friend borrow your truck to move some furniture but youd be remiss to think that if they get in a fender bender the onus is soley on them. In general, lend your car, lend your insurance, says May. That at-fault accident will be tied to your policy and will continue to be rated on your policy.
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Why you need rental car insurance
If you are in that position, you have to pay for losses up to the amount of the deductible. Only a loss in excess of the deductible will be covered by your existing insurance. Given the relatively low cost of personal effects coverage offered by rental car insurance, which averages about $2 a wyoming auto insurance companies day, the additional insurance is worth it. Still not convinced? Then think about this.
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