Product B

What is auto insurance?:
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.

Statistically adding a girl to a policy can raise a premium by 50%, a boy can be 100%. Why is it that insurance premiums rise so much when they are added to the policy? Statistics show that drivers between the age of 16 and 17 are three times more likely to be in a traffic accident than a driver between the age of 25 and 64.
What can be done to try to keep the premiums down? These are some things to think about:
· Type of vehicle
· Driver Safety Course
· Student GPA
· Avoid Violations
· Continuous reminders about consequences