MANAGEMENT

Detailed explanation-1: -The younger you are, the lower your payments. Gender is also a key factor in life insurance cost as women generally live longer than men. Insurance companies consider your health, lifestyle, family medical history, driving record, and whether or not you smoke.

Detailed explanation-2: -Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.

Detailed explanation-3: -The average cost of life insurance is $26 a month. This is based on data provided by Quotacy for a 40-year-old buying a 20-year, $500, 000 term life policy, which is the most common term length and amount sold.

Detailed explanation-4: -Credit history. Your credit history is an important factor insurers use when calculating premiums in most states, considering that drivers with a poor credit score pay an average of 71% more than drivers with good credit.