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How to get car insurance for unemployed people

Almost every insurance company offers car insurance for unemployed people. And it's just as well because when you're out of work and have to get to job interviews around the country, you need a car that is insured.

The premium unemployed people pay for car insurance depends on the insurance company. Some companies will view you as a less of risk when you're unemployed because they feel that you'll be driving less. In this case, unemployed people can look forward to lower premiums for car insurance than people in the workforce.

Other insurance companies though will see you as a riskier investment when you're unemployed. Because you have to drive around the country looking for a job and have more time to spend behind the wheel of a car, they'll conclude that you're more likely to be involved in an accident than someone sitting behind a desk all day. Unemployed people can expect to pay more for their car insurance from companies that see it this way.

At the end of the day, the same rules for everyone else looking for cheap car insurance apply to unemployed people. The most important thing to do is shop around and get quotes from as many insurance companies as possible. Car insurance comparison websites are fantastic for doing this quickly.

The type of car you want to get insured in also has a big effect on the cost of your car insurance. Cars with big, powerful engines are seen as major risks by insurance companies and will encourage them to push up the price of your car insurance; whether you're unemployed or not.

 

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