According to a press release on Businesswire.com:
“Our research confirms a common observation: as a group, new parents are more careful drivers than other drivers of the same age. Given all the costs and challenges new parents face, we're glad to be able to recognize them as a lower risk by offering an auto insurance discount.
The discount can be as much as 5% and applies to families with children under the age of seven,” explained Bill Martin, senior vice president, Farmers Auto Product Management. “A typical family can save $50 to $100 per year in this program.”
Scottsdale Insurance, Phoenix Insurance
Insurance companies do know statistics but this really is getting to be amazing with the information that a discount is given for new parents.
Posted by: Anonymous | May 24, 2007 12:33 AM | Permalink to Comment