Automobile Insurance

Overview

Before you go out to negotiate the purchase or lease of a car, it is wise to get an idea of how much it will cost to insure the vehicle. It is a good idea to get an estimate of the insurance premiums that you can expect before you go ahead with the deal. The type of vehicle, along with some of the other factors listed below may determine how high the premiums will be:

  • Your age
  • Your marital status
  • Your driving record
  • The geographic area you live in
  • Safety features of the car
  • Make and model of the car
  • How much you drive the car

SUGGESTION: Keep your insurance company up to date by letting your insurance company know if there is a change in your life that will affect your auto insurance premium. Update for things like getting married, joining a car pool, or installing an alarm system in your car. Also, if your commuting mileage to work decreases or you stop driving to work and only use the car for pleasure, these things may reduce your annual premium.

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Investment and insurance products and services offered through INFINEX INVESTMENTS, INC. Member FINRA / SIPC. Heartland Planning Associates is a trade name of Heartland Bank. Infinex is not affiliated with the bank. Products and services available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of, nor guaranteed by, any bank or bank affiliate. These products are subject to investment risk, including the loss of value.
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