Exam tomorrow! -- Car insurance quotes

So this week is terrible. I have exams on three consecutive days so unfortunately I won't be able to post as often. But I'll let you guys know how they go.

My first exam is tomorrow morning.

Wish me luck guys!

EDIT:

Before I head off to sleep, just want to share one last thing! This is something I learnt today, studying for one of my courses....

Those of you who have bought car insurance or gotten car insurance quotes before will understand what this is about. And for those of you who are actuaries, you'll appreciate this even more.

The big factors that go into deciding your car insurance quote or insurance premiums are the following:

Driving history.
The single biggest factor of your auto insurance. If you've crashed a bunch of times, you can forget about getting a decent discount on your insurance. On the other hand, if you have a clean record, car insurance companies LOVE to have you.

Age.
I know I know, it's not a just world. But when it comes to car insurance, it's not only unjust, its downright judgmental, stereotypical, and discriminatory. If you are under 25, you WILL be subject to higher premiums. That's just the insurance law... Sucks to be a teen or new driver because your car insurance will be through the effing roof. But don't fear, upon your 25th birthday they will send you "driving skill" as a birthday present right to your door.

Type of vehicle.
Sports cars or coupes will always cost more insurance-wise than a sedan. That's because sporty cars are much more likely to speed and collide. Newer cars also get charged more, because of the replacement costs. However, if you vehicle has safety features and alarm systems, you might get a discount. Van insurance is surprisingly the same as sedan insurance.

Location.
If you live in a bad town, the theft part of your auto insurance will cost you an arm and a leg. Urban drivers also get charged more than rural dwellers... Makes sense if you think about it, less people to hit, less cars to collide. California is an auto insurance black hole.

Type of coverage.
A lot of people skimp on their coverage to save money on their insurance policy. Some will opt for high deductibles (which is the amount you MUST pay every time you make a claim, unless the other party is 100% at fault). Others will go for reducing the total amount of coverage (there's a lower limit that you can't go below of course). Still others will choose the option of NOT covering their own car, only the other party's costs... Depends what flavour you want, what risk you can take on.


That's it for tonight, exam is in a few hours and I have to sleep. G'night!