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LOS ANGELES, CA / ACCESSWIRE / October 12, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has released a new blog post that presents several efficient ways to get cheaper auto insurance.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/10-ways-in-which-a-driver-can-save-for-car-insurance

Insurance expenses can rise to several thousand dollars per year. It all depends on several factors, including the model of the vehicle, driving experience and history, coverage limits, annual mileage, and so on. Drivers can get better rates if they:

  • Bundle policies. A person can easily bundle car insurance with homeowners/renters/condo insurance and earn a valuable discount. When completing online questionnaires, the user is asked if he owns the home/apartment where he/she lives. If the user owns it, he will be provided with a bundle option. In some cases, a person can save as much as 20% simply by bundling coverage.
  • Use multi-vehicle plans. Covering multiple vehicles under the same insurer will also be financially rewarding. Multi-vehicle plans also provide a discount. The value of the discount is directly proportional to the number of insured vehicles.
  • Carefully select the value of the deductibles. It is up to the policyholder to set deductibles. The usually recommended value is $500, for both comprehensive and collision coverage. However, the policyholder can choose higher values and lower the overall premiums.
  • Drop unnecessary coverage on older cars. If the car is older than 10 years, keeping full coverage is likely to make the owner overpay. Since a car’s value diminishes over time, keeping full coverage for cars older than 5-6 years can lead to unnecessary costs.
  • Keep a clean driving record. Whenever a person tries to obtain online quotes, he will be asked for claims

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 10, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website offers car insurance info about different coverage types, available discounts, and money-saving tips.

Age is a very influential factor when determining insurance costs. Seniors, like teen drivers, are considered high-risk drivers. But the reasons are different. However, the elderly can still find ways to lower insurance premiums. Follow the next tips:

  • Take a driving class. Graduating a defensive driving course will help to secure a discount. These classes are don’t cost much and can be offered in-person in a classroom, or you can stream them online. In these driving courses, senior citizens will find out how aging and medication affect their ability to drive and how to deal with certain age-related conditions.
  • Install anti-theft devices. On the market, there are multiple types of devices that will make your vehicle safer against the thieves. Electronic alarms, ignition kill switches, GPS tracking systems, steering wheel locks, electronic immobilizers, and many other safety devices will help drivers acquire a discount.
  • Buy a cheaper car. The vehicle brand, model, and year of production are all important factors that determine the price of a policy. The cheapest vehicles to insure are slightly used SUVs, minivans, and crossovers. Also, look for models that have safety features installed.
  • Join a UBI program. Allow the insurer to install a small telematics device inside the vehicle. This device will record mileage, sudden changes in speed, hard braking, cornering, and the time of day when the vehicle is driven. The insurer will customize the price

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / September 30, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has launched a new online guide that presents several tips that will help high-risk drivers find better car insurance deals.

Affordable car insurance for high-risk drivers is not that easy to obtain. There are many reasons why car insurance companies classify drivers as high-risk. Usually, teen drivers, drivers that caused accidents, drivers that were involved in DUI incidents are seen as high-risk by the insurers.

High-risk drivers can find affordable car insurance if they follow the next tips:

  • Check for specialized non-standard carriers. These insurance companies are specialized in insuring high-risk drivers. Many standard insurance companies have subsidiaries that are non-standard carriers. Although standard insurance companies can insure high-risk drivers, many prefer to not be associated with this type of driver.
  • Buy a cheap car to insure. The last thing a high-risk driver need is a car that is expensive to insure. Instead, high-risk drivers should look at slightly used sedans, minivans, or SUV’s that are already equipped with several safety devices.
  • Check the available discounts. There are many discounts available for high-risk drivers. Some of the most popular discounts are low-mileage discount, safety devices discount, or bundled policies discount
  • Maintain a good credit score. In most states, insurance companies are allowed to look at the drivers’ credit score before determining their insurance rates. Drivers with a good credit score will pay less on their premiums, so it’s important for high-risk drivers to maintain a good credit score or even improve it.
  • Compare online quotes. Even though there are still several standard insurance carriers willing to insure high-risk drivers, their premiums are very high. High-risk drivers should

By Fergal Smith

TORONTO (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Tuesday as oil prices fell and investors waited for the currency to extend this month’s decline before stepping in to buy it, with the loonie sticking to its recent trading range.

The loonie <CAD=> was trading 0.1% lower at 1.3381 to the greenback, or 74.73 U.S. cents, having matched intraday Friday’s 7-week low at 1.3418. The currency has fallen 2.5% this month as rising coronavirus cases in some parts of the world spooked financial markets.

“Client feedback suggests that there should be some decent U.S. dollar selling activity if we go north of 1.35, which should cap it,” said Simon Côté, managing director, risk management solutions, National Bank Financial. “There will have to be some decent risk-off sentiment for the dollar to go higher than that.”

Canada runs a current account deficit and is a major producer of commodities, including oil, so the loonie tends to be sensitive to the global flow of trade and capital.

U.S. crude oil futures <CLc1> settled 3.2% lower at $39.29 a barrel on worries about the outlook for fuel demand as Europe and the United States grappled with a surge in new coronavirus infections.

Producer prices in Canada rose by 0.3% in August from July on higher prices for primary non-ferrous metal products, Statistics Canada said. Still, prices were down 2.3% compared to the same month last year.

Canada’s GDP data for July is due on Wednesday, which could help guide expectations about the strength of economic recovery.

Canadian government bond yields eased across a flatter curve, with the 10-year dipping 1.1 basis points to 0.538%.

(Reporting by Fergal Smith; Editing by Nick Zieminski and Alistair Bell)

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