I have taken an auto insurance policy. The premiums are very high, is there any way it will go down, how long will it take to go down?
Total Comments: 2
Posted: Tue Sep 06, 2011 10:15 am Post Subject:
It really depends on the fact as to why it is high.
You might be having a higher premium for being a new or young driver. In that case, it would go down when you turn 25 or have a considerable experience of a stipulated time period.
It may depend on your car type as well. If you have an expensive car and are a new driver, the premiums would naturally be high.
Posted: Tue Sep 06, 2011 11:50 am Post Subject:
If your insurance cost is high because of a violation of driving rules or an accident, it would go down after you successfully demonstrate a safe driving record for 3 to 5 years.
Posted: Tue Sep 06, 2011 10:15 am Post Subject:
It really depends on the fact as to why it is high.
You might be having a higher premium for being a new or young driver. In that case, it would go down when you turn 25 or have a considerable experience of a stipulated time period.
It may depend on your car type as well. If you have an expensive car and are a new driver, the premiums would naturally be high.
Posted: Tue Sep 06, 2011 11:50 am Post Subject:
If your insurance cost is high because of a violation of driving rules or an accident, it would go down after you successfully demonstrate a safe driving record for 3 to 5 years.
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