The car insurance companies (the «insurers») bet that they will earn enough
money over the course of your policy to cover any payments they have to make on that policy, plus a profit.
A little bit of preparation might be enough to push you over the line into a risk class that will help you save a lot of
money over the course of your policy..
Not exact matches
His premium is twice as much at $ 1,200 a year, so
over the
course of the
policy he forks out $ 36,000, but all
of that
money comes back to him if he outlives the
policy.
Aggregate Limit — A maximum total
of all claim
money that will be paid out
over the
course of the
policy term,
Common sense says that whole life clients that hold on to their
policies for their whole life are going to have them pay out — with that being said, the company has to make their
monies worth, and I can assure you that very few
of their clients pay $ 100,000 in premiums
over the
course of their lives.
Car insurance is important for everyone, and AARP can save members a lot
of money over the
course of an annual
policy contract.
Cost,
of course, is also a factor, so if the
policies are pretty similar, moving
over to your spouse's coverage to save
money would be an obvious choice.