However, while both these options may seem very appealing if you're facing
very high car insurance premiums, you need to be aware of a few things before adding a named driver to your policy.
Not exact matches
This means, if your
car is still
very new, the
premium you will need to pay for collision
insurance policy will be
higher than when the vehicle is almost fully depreciated.
The cost of buying a used
car in Reno might not be
very high, but the
premium for Reno
car insurance for such
cars will cost a bomb if you are not careful about certain aspects.
It is true that most people would prefer a
very cheap
car insurance and policy
premium than that of a
high 1, but take into consideration that in some states particularly Ohio, Pennsylvania, South Carolina, Nevada, New Jersey and Oklahoma, the state mandates limits are incredibly low.
If you drive a sports
car, expect
very high premiums; while if you drive an old mustang, you can truly enjoy cheap
insurance rates.