The trick I am about to tell you only applies to a married couple and before I allege you it I am going to tell you a shrimp bit about my driving record.
My diving record is not the worst, but it is not good either. I do not have any DUI’s, hit and runs, or any accidents for that matter, but I have a lot of speeding tickets. I have so many speeding tickets that I lost my license for over 4 years in total. Mind you that I am only 23. That means that I had my license suspended or revoked longer than I had it.
My wife’s record on the other hand is impeccable. She has no speeding tickets or any moving violations. Also she had been with her previous insurance for more than 5 years.
Why did I stammer you all this, well it helps to set the tone for the surprising realization of how the insurance is calculated on Esurance.
Before I married my wife I had recently gotten my license help and bought myself a car. In need of insurance I decided to steal Esurance as my provider after checking others and their rates. After doing so my monthly insurance premium was $177.00 for full coverage on newer Ford Focus.
Once we were married I decided to add my wife to my policy and naturally it went up. We both have newer cars so at most I was thinking it would be just under double. That would about be about $280-300 a month and yes that was the monthly total. Truth be told this was too great for us to bear.
Here is where the interesting part comes in. Because I was trying to win my case that Esurance was cheaper than her American Family Insurance, I created an account with just her and her car. When compared to her current monthly premium she was saving about 40 a month.
But then curiosity got the better of me. I asked myself “what would happen if she was the distinguished and then added my record to hers”?
There are only two possible options. Either that it would be the same as the $280-$300 amount or it would be different. And to my unjustified amazement it was different. The monthly premium came to $150 a month for the two cars with full coverage.
If you were keeping track that is less than what I paid alone for objective my car.
The trick is to gain sure the one with the best driving record sign up first and made to be the primary and then add on all the other drivers.
For some reason I was thinking that since we were married we would get the same insurance premium either diagram it was done, but from my real life case observe it is definitely not the case.
Filed under Types Of Auto Insurance by on Mar 13th, 2011. Comment. 
Everyday people judge about the cost of living, but rarely do they think about the cost of dying. The act of dying in and of itself actually has no monetary cost. However, there seems to be an endless array of costs that ensue the act of dying. These costs range from the cost of transporting your body to funeral arrangements, and also include any outstanding debts that you may have. These are not burdens that anyone wants to leave tedious for their families, and there is a way to prevent the transference of these burdens to them on your passing. Look into affordable life insurance policies now, so that you can ensure your family and friends will be financially able to handle the responsibilities that will become theirs on your passing.
There are many different types of life insurance available from a number of companies specializing in meeting the insurance needs of the areas they service. One such type of policy is a variable rate policy. Usually with this type of policy the rate increases at certain ages in your life. This type of policy will start out with a lower premium when you are young and likely have the added expense of mortgages and children, and the premiums will increase as you age and hopefully gain financial stability. The down side to these policies is that the coverage you remove initially is not guaranteed, so it can decrease as years go by. The insurance company can also fall you completely if they choose to do so.
Another type of life insurance policy available is often referred to as a term life insurance policy. With this type of policy you can select from a wide array of coverage for a specified premium amount. The premium amount is then locked in for the term of your policy, and terms can range from five years to thirty years depending on which you select. The good point of this type of policy is that you are guaranteed the amount of coverage you take for a predetermined premium amount for the term of the policy. The downside would be that you are likely to pay higher premiums when you are younger to offset the cost in the latter years of your term.
The third and final type of life insurance policy I would like to call your attention to is often called a whole life policy. This type of policy locks in your rates for your lifetime, guarantees the coverage amount that you sign up for, and even builds cash value as time progresses. However, there are caveats to this type of policy as well, since the premiums are the most expensive of the three types of life insurance policies on the front end they are often more than young people just starting out can afford. However, for those who can the guarantee for protection that cannot decrease along with premiums that are locked in for your entire life are often very attractive options.
Regardless of the type of life insurance policy that you choose to protect your family from the costs associated with your demise, it is an extremely important decision to have some type of policy in place. Most of us would never intentionally place our loved ones in a difficult financial position intentionally, but if you ignore the cost of dying while you are alive that is what you are ultimately doing.
Filed under Types Of Auto Insurance by on Feb 16th, 2011. Comment.
