India  
NewsR.in
> >

Time To Move Out! Millennials Who Live At Home Pay Higher Insurance Premiums

Video Credit: Buzz60 - Duration: 00:50s - Published < > Embed
Time To Move Out! Millennials Who Live At Home Pay Higher Insurance Premiums

Time To Move Out! Millennials Who Live At Home Pay Higher Insurance Premiums

Millennial drivers still living at home are paying higher average premiums than those who don't.

Buzz60's Natasha Abellard has the story.

0
shares
ShareTweetSavePostSend
 

Time To Move Out! Millennials Who Live At Home Pay Higher Insurance Premiums

Most millennials who stay at home are usually doing so to save money.

????But car insurance carriers seem don’t seem to have gotten the message.

????According to a new study, millennial drivers who are still living with their parents pay mch higher average premiums than those who don’t.

????Online aggregator Compare.com gathered insurance rates from over 50 US auto insurers.

??

??They found that the average yearly premium for millennials still at home is $1,750.

????That’s a 73% more in comparison to millennial condo owners who spend an average of $1,009.

????For millennials who on their a single family home, the average is $1,205.

????Consumer Analyst at Car Insurance.com Penny Gusner says that credit could also play a role.

????Gusner says that drivers living with their parents might not have a healthy credit history in comparison to homeowners.

????




You Might Like


Recent related videos from verified sources

Are dads’ essential DIY skills in decline? [Video]Are dads’ essential DIY skills in decline?

Are dads' essential DIY skills in decline? According to new research, millennial dads are less capable than their own dads when it comes to everyday DIY fixes, preferring to rely on professional help..

Credit: SWNS STUDIO     Duration: 01:25Published

Is It Easier Than Ever For Millennials to Buy Houses? [Video]Is It Easier Than Ever For Millennials to Buy Houses?

Some housing and real-estate experts have said over the past decade that Millennials, scarred by coming of age around the financial crisis, may turn away from home-buying. Data from the U.S. Census..

Credit: The Street     Duration: 03:29Published

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest