Free Quick Guides
Your Financial Checklist
Search Financial Library

Automobile Insurance


Overview

Before you go out to negotiate the purchase or lease of a car, it is wise to get an idea of how much it will cost to insure the vehicle. It is a good idea to get an estimate of the insurance premiums that you can expect before you go ahead with the deal. The type of vehicle, along with some of the other factors listed below may determine how high the premiums will be:

  • Your age
  • Your marital status
  • Your driving record
  • The geographic area you live in
  • Safety features of the car
  • Make and model of the car
  • How much you drive the car

SUGGESTION: Keep your insurance company up to date by letting your insurance company know if there is a change in your life that will affect your auto insurance premium. Update for things like getting married, joining a car pool, or installing an alarm system in your car. Also, if your commuting mileage to work decreases or you stop driving to work and only use the car for pleasure, these things may reduce your annual premium.



Investments and Insurance products:

NOT FDIC INSURED NOT BANK GUARANTEED MAY LOSE VALUE
NOT A BANK DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY


Securities and advisory services are offered through Santander Investment Services, a division of Santander Securities LLC. Santander Securities LLC is a registered broker/dealer, Member FINRA and SIPC and a registered investment advisor. Insurance is offered through Santander Securities LLC or its affiliates.