Reader’s Question:

My husband and I just had our first baby. I want to purchase auto insurance this year and I would like to include our baby in the policy. How much could be the cheapest vehicle insurance out there?

Dani

Providence RI

It is difficult to come up with specific figures since insurance rates vary from person to person and from vehicle to vehicle. Your residence is another huge factor in determining your insurance rate. There are several other factors that come to this. Hence, it is difficult to give numbers. However, we can safely say that it is possible to find an insurance policy that is below $30 each month. That is, so far, the cheapest vehicle insurance quote than we can estimate. If you provide more details such as age and occupation, we can come up with closer estimates.

But you do not have to worry about paying very high premiums since you can easily avail discounts on your insurance purchase. You are married and a female: this only means that you already have two discount tickets even before you walk in to the insurance office. Do a little more research to have the cheapest vehicle insurance available in your locale. Companies offer discounts for the following: good driving record, safety features in your car, and multiple policies.

You should take not, however, that the cheapest vehicle insurance you find may not be the most suitable for you. If you drive an SUV or any luxurious car, a cheap insurance might not be able to cover the damages you might incur in an accident.

As for your second question: Insurance companies offer third party coverage. This protects the passengers in your car should you meet an accident. This will take care of the hospital bills and other treatments needed after they sustain an injury. Therefore, you can include your baby in your insurance policy. This will increase your insurance rate but it is worth it though.