These are trying economic times and simply turning on the television can put you in a state of depression. You may be a casualty of a layoff at work, a downsizing or a flat out firing and you still have to pay that stack of bills that are piling up on your counter. The temptation to cut your car insurance coverage to save money may end up costing you more in the end than it saves you today.

You may be tempted to raise your auto insurance deductibles to save a few hundred dollars on your car insurance, but is this really a good idea? Let’s take a look at the benefits of both scenarios. Read the rest of this entry

Women may get the brunt of jokes from their husbands about how bad their driving is, but do insurance companies actually give lower rates to women because they are better drivers?

If you compare male and female drivers in the same age groups, female drivers tend to have fewer accidents and traffic violations as compared to their male counterparts. Men tend to exhibit riskier driving habits such as being more aggressive, driving faster, and getting behind the wheel while intoxicated. These tendancies are the difference between males and females, as males tend to vent their anger more directly than women, as well as show an increased disregard for traffic laws. Read the rest of this entry