March 13, 2009, Newsletter Issue #159: Get Cheap Student Car Insurance By Keeping High Deductibles

Tip of the Week

Car insurance either comes with low premiums and high deductibles, or high premiums and low deductibles. The premium is the amount of money that you pay the car insurance company on a monthly basis. The deductible is the amount of money that you will have to pay out of pocket in the event of an accident or other claim. If you need to get cheap student car insurance one of the best ways is to opt for higher deductibles. This way your monthly premium will be low. If you are going this route, make sure you are covering enough insurance to adequately protect you just in case there is an accident.

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