Saturday, October 07, 2006

Car Insurance Makes Yahoo and Suze Orman

Wow, Suze Orman cares about auto insurance! Right there on the front page of Yahoo, ol' Suze is talking about how to lower your car insurance premiums if you think they're too high.

To summarize, she says :
1. Raise your credit score. (I say: nice if you can do it, but it won't happen overnight).
2. Check your Driver's License Record for errors. (I wonder how often that happens. You should, however, check your credit report for errors).
3. Raise your deductible. (Folks, if you are concerned about paying your monthly premium, where are you getting the money if you have to pay a higher deductible?)
4. Focus on boring, not bling-bling. (She's right. Some cars will be more expensive to insure. Like you didn't know that.).
5. Make sure your kids are good drivers. (????)
6. Get married if you are a man under 30. (I have no comment)
7. Drop collision if you have an old beater. (Well, again, if you cannot afford a newer car, you may not be able to afford to replace it if it gets wrecked. If you drive an old beater because you just don't believe in spending your money on new cars this may be good advice.)

Anyway, sorry Suze, but I think your advice is trite. However readers, you can tune into Suze's article here:

If you are interested in what Suze has to say click here for the yahoo Car Insurance Article.

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