Age Restricted Apartments Senior Resource Senior Apartments #apartments, #rentals, #apartment, #senior #living, #affordable, #low #income #housing, #age #restricted #apartments, #housing, #real #estate, #seniors, #aging, #health, #medical, #retirement, #insurance, #finance, #financial #planning, #interim #skilled #nursing, #55+, #62+, #affordable #housing,care #homes, #health #care, #communities, #voucher,home #care, #55+, #62+, #handicapped, #subsidized #apartments, #affordable #apartments, #aarp, #states, #


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What is the age for “senior” apartments?

Senior age-restricted apartments are usually 55 or 62+ and follow HUD regulations which allow for such “age discrimination”. If restirctions are 55+, at least one person in the apartment must be at least 55 and the apartment community must have no more than 20% of all residents under the age of 55. If they are 62+, than ALL residents must be at least 62.

Exceptions are made by HUD regulations for renters who are under the minimum age, if they are handicapped.

Who are renters?

There are those among the senior rental population who have been renters through their most or all of their adult life. Other renters have sold a home of many years and moved to an apartment. Sometimes a life occurance forces the shift from homeowner to renter:

  • A divorce and the need to divide the equity.
  • The financial inability to continue making payments and keeping up the property.
  • Death or relocation of friends and relatives and the desire to relocate to an area where there will again be an emotional or social support-network.
  • Selling a home to free up equity that can be invested to generate interest and/or dividend income.
  • Desire to be free from home and garden maintenance.
  • Freedom to travel more without the worry of what is happening to property back home.

    Combining those who have always rented with those who sell homes to become renters 23% of 65+ Americans are renters.

    In 1992 AARP research found that 43% of seniors moving to an apartment complex, prefered age-restricted apartment buildings over age-integrated ones.

    Considering becoming a renter because life’s changing circumstances make it difficult to meet your financial obligations?
    If your home is paid off, or almost so a Reverse Mortgage may provide another alternative to selling your home.

    The majority of senior apartment renters do not move further than 5-10 miles from their former home or apartment, unless relocating to be closer to relatives.

    “Thank you for your answer to my age restriction question
    on senior communities. It was complete and clear”.
    Thank you, Mac

    Categories of Sen ior Apartments

    The three pricing categories of apartments (although all may not be available in any one market) are:

  • Market rate
  • Above market rate, luxury rentals
  • Affordable

    Market rate is just that. They offer unit size and numbers of bedrooms and baths as non-age-restricted rentals in the area at a competitive monthly rate, or occasionally 10-15% under general age-occupancy market-rate rents. The senior orientation of the age restricted community may however offer different amenities and other advantages geared to the needs and preferences of seniors.

    Above market rate, luxury rentals also serve the age-restricted market. They appealing to the affluent senior wanting a “home” in a second city, or wanting to be free of maintenance without giving up luxuries. Some high end age-restricted properties definitely offer “snob” appeal.

    Affordable apartments for seniors (sometimes 55+, more often 62+) are in high demand and short supply. Social, cultural and medical changes have certainly contributed to the need.

    Contributing factors are:

  • Predominence of women among the 65+ population and their lower retirement income
  • High divorce rates among women now 55-80
  • Out-living husbands resulting in lowered retirement income
  • Unplanned longevity leading to out-living ones financial resources

    Per HUD ( U.S. Department of Housing and Urban Development ) Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more than 50 percent of their annual incomes for housing. A family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States .

    Affordable apartments have been created by government programs since the 1930s. What is defined as affordable in one community may not match the definition of affordable in another community.

  • Programs that provide opportunites for affordable housing are structured or defined by regulations from federal, county or city government legislation.
  • “Vouchers” enable a qualified recipient to rent a market-rate home or apartment and the voucher assures the landlord that the renter will pay 30 percent of his or her monthly income toward the rent and the difference between that portion and the market-rate rent will come from the government entity granting the voucher.
  • Bonds may be through city or county redevelopment programs, and use the money raised from the bond sale to fund and subsidize specific development of housing for “lower” income people. Bonds may specify what percent of the median income someone must have to qualify to rent in their building. i.e.You may be restricted to make no more than 50 percent of the median income in the county. Perhaps the funding of the complex specifies that you can make no more than 120 percent of median income. The funding is specifically tied to the complex, or specific units that are “affordable”.
  • Funding can also come from grants, community, government or federally based. The grant money functions similarly to bond money, designating percent of county median income at the time of the grant.
  • Tax credits are another way that the federal government may encourage development of affordable housing. By awarding tax credits (money deducted from a company’s federal tax obligation) in exchange for developing apartments within restrictive guidelines. In the past many years we see properties developed to offer affordable apartments that combine tax credits, grants and bond measures.

    The most commonly-known rental vouchers are Section 8 vouchers which can provide renter-based benefits to a qualified renter. They provide rent subsidies so tenants who hold them do not pay more than 30 percent of their adjusted gross income for rent.

    To find out about affordable housing opportunities in an area. contact city or county housing agencies. Local senior centers and Area Agencies on Aging may also be able to identify affordable housing or even outline the steps for getting onto waiting lists. Because of undersupply, waiting lists prevail in almost all regions for affordable rentals.

    Things to Consider When Apartment Shoppsing

  • Parking convenience to the living unit.
  • Lighting and security around parking.
  • Storage
  • Are there a lot of closets and cupboards?
  • Is their common storage for an additional fee?
  • Stairs may be a deterent or a means of staying fit.
  • Distance to shopping – walking or riding.
  • Public transportation availability and convenience.
  • Distance to medical facilities and doctors.
  • Security.
  • Total complex access from external streets.
  • Individual apartments
  • Intercom to front door, apartment entry and front desk.
  • Safety pull cord in unit.
  • Grab bars in bathroom and tub area.
  • Cabinet and counter height.
  • Shower and/or tub arrangements to meet your present and future needs.
  • Management quality and experience.
  • Ammenities on site:
  • Pool.
  • Spa.
  • Clubhouse.
  • Laundry availability.
  • Services and activities available or provided.
  • Distance to relatives.
  • Greater community cultural activities.
  • If you are eligible for subsidies, do they accept rent vouchers?

  • The Best Low Income Car Insurance Policies #cars #4 #sale


    #low auto insurance
    #

    The Best Low Income Car Insurance Policies

    June 25, 2013

    For those drivers with a low income. car insurance can be particularly burdensome. Many car insurance industry reports and statistics show that over the last few years car insurance rates have continued to increase by an average of 10% to 12% every year. While car insurance costs continue to climb, wages paid to low income workers have not kept pace.

    Get Free Car Insurance Quotes

    While a couple of states like California and Washington are attempting to impose laws and regulations that will make basic car insurance more affordable for low-income drivers and families, the programs have not been in place long enough to have a considerable effect on premium prices. Moreover, because only a couple of states are enacting this type of legislation, the majority of low-income drivers across the country are either uninsured or underinsured.

    Driving without car insurance is not only against the law – it is very unwise. If you’re involved in a car accident and have no car insurance, you can be sued or even go to jail. So even though car insurance is expensive, you’ll need to make sure that you maintain the legally required minimum levels of coverage for your state. Knowing where to find the most affordable car insurance policies can offer a little relief.

    Choose Low Income Insurance Specialists

    While you can purchase basic car insurance coverage from any car insurance company, there are some that specialize in policies for low-income drivers. Companies that specialize in low income car insurance policies provide only the most minimal amounts of coverage, but do attempt to make policy rates more affordable. They often require smaller down payments and may require direct debit payments from your checking or savings account in exchange for offering low rates. Here is a list of some of the most popular low income car insurance companies.

    • Eastwood Insurance
    • Progressive
    • GMAC
    • Infinity
    • Bristol West
    • Western General
    • Western United
    • Explorer
    • Access General
    • Carnegie General
    • Get Free Car Insurance Quotes

    Other Ways to Save on Low Income Car Insurance

    Just as with any other type of car insurance, the amount of money you pay for low income car insurance will depend upon your personal driving record and the type of car you need to ensure. So, by making sure that you always follow the law and traffic regulations when driving your vehicle, you can avoid costly traffic tickets that will not only cost you money in fines and penalties, but will also increase your car insurance rates.

    Many insurance companies can offer low rates for the most basic types of car insurance coverage; so, you might also want to consider visiting independent car insurance agencies in your area and asking the agent about which companies provide minimal level coverage for the lowest prices. There are literally hundreds of smaller insurance companies across the country that can provide low income car insurance. Just be sure to do your research and make sure the one you choose is financially sound, and pays out on claims in the event of an accident. You can use the Internet to search for information on any car insurance company in the country.


    The Best Low Income Car Insurance Policies #auto #zone #auto #parts


    #low auto insurance
    #

    The Best Low Income Car Insurance Policies

    June 25, 2013

    For those drivers with a low income. car insurance can be particularly burdensome. Many car insurance industry reports and statistics show that over the last few years car insurance rates have continued to increase by an average of 10% to 12% every year. While car insurance costs continue to climb, wages paid to low income workers have not kept pace.

    Get Free Car Insurance Quotes

    While a couple of states like California and Washington are attempting to impose laws and regulations that will make basic car insurance more affordable for low-income drivers and families, the programs have not been in place long enough to have a considerable effect on premium prices. Moreover, because only a couple of states are enacting this type of legislation, the majority of low-income drivers across the country are either uninsured or underinsured.

    Driving without car insurance is not only against the law – it is very unwise. If you’re involved in a car accident and have no car insurance, you can be sued or even go to jail. So even though car insurance is expensive, you’ll need to make sure that you maintain the legally required minimum levels of coverage for your state. Knowing where to find the most affordable car insurance policies can offer a little relief.

    Choose Low Income Insurance Specialists

    While you can purchase basic car insurance coverage from any car insurance company, there are some that specialize in policies for low-income drivers. Companies that specialize in low income car insurance policies provide only the most minimal amounts of coverage, but do attempt to make policy rates more affordable. They often require smaller down payments and may require direct debit payments from your checking or savings account in exchange for offering low rates. Here is a list of some of the most popular low income car insurance companies.

    • Eastwood Insurance
    • Progressive
    • GMAC
    • Infinity
    • Bristol West
    • Western General
    • Western United
    • Explorer
    • Access General
    • Carnegie General
    • Get Free Car Insurance Quotes

    Other Ways to Save on Low Income Car Insurance

    Just as with any other type of car insurance, the amount of money you pay for low income car insurance will depend upon your personal driving record and the type of car you need to ensure. So, by making sure that you always follow the law and traffic regulations when driving your vehicle, you can avoid costly traffic tickets that will not only cost you money in fines and penalties, but will also increase your car insurance rates.

    Many insurance companies can offer low rates for the most basic types of car insurance coverage; so, you might also want to consider visiting independent car insurance agencies in your area and asking the agent about which companies provide minimal level coverage for the lowest prices. There are literally hundreds of smaller insurance companies across the country that can provide low income car insurance. Just be sure to do your research and make sure the one you choose is financially sound, and pays out on claims in the event of an accident. You can use the Internet to search for information on any car insurance company in the country.


    Government-Sponsored Car Insurance for Low Income Families #low #auto #insurance


    #low cost auto insurance
    #

    Government-Sponsored Car Insurance for Low-Income Families

    On average, low-income households spend a disproportionately high percentage of their annual income on car insurance. Considering that car insurance is required in most states, it is a necessary expense.

    As of this writing, California, New Jersey, and Hawaii have low-income auto insurance programs.

    California’s Low Cost Auto Insurance Program

    Made part of California law in 1999, California’s Low Cost Automobile Insurance Program (CLCA) is designed to provide liability car insurance at affordable rates to income-eligible drivers.

    To qualify for the CLCA. you must:

    • Meet income eligibility requirements.
      • Income eligibility* depends on the number of people in your household and the combined income of all members of the household.
    • Have a good driving record.
    • Be at least 19 years old.
    • Have a current valid driver’s license.
    • Own a car:
      • Valued at $20,000 or less.
      • With no unpaid loans.

    Annual premiums vary from county to county but the highest premium is capped at $388.

    Coverage limits provided by the CLCA are lower than the CA’s standard minimum requirements for car insurance. However, drivers in the program are exempt from meeting those requirements.

    CLCA coverage limits are as followed:

    • $10,000 for bodily injury or death per person.
    • $20,000 for total bodily injury or death when multiple people are hurt in an accident.
    • $3,000 for property damage.

    * To check your eligibility and find out the premium rates in your county, visit the CLCA website.

    New Jersey’s Special Automobile Insurance Policy

    The Special Automobile Insurance Policy (SAIP) is New Jersey’s initiative to help provide car insurance to low-income drivers.

    You can apply to SAIP through most insurance agents in New Jersey.

    To be eligible for SAIP you must:

    • Currently be enrolled in Federal Medicaid with Hospitalization.
    • Have a current valid driver’s license.
    • $360 per year if you pay up front.
    • $365 per year if you pay in two installments.

    SAIP covers your emergency treatment immediately following a car crash, in addition to costs related to serious brain or spinal cord injuries up to $250,000.

    SAIP does not provide you with liability auto insurance coverage, or other medical costs that would be covered through Medicaid.

    If your Medicaid is canceled during coverage, you may keep your policy, however, you will not be able to renew a SAIP policy once your current policy has expired.

    For more information about New Jersey’s Special Automobile Insurance Policy, visit the New Jersey Department of Banking Insurance website.

    Hawaii’s Low Cost Disability Auto Insurance Program

    According to Hawaii state law, any driver or person unable to drive due to permanent disability who receives public assistance involving direct cash payments may receive free personal injury protection and liability insurance from the state.

    Shopping Around for Car Insurance


    Auto Insurance for Low Income People – Insurance Articles and RSS Feeds #auto #finance #rates


    #low cost auto insurance
    #

    Auto Insurance for Low Income People

    Got a low income? Looking for affordable car insurance?

    People with low income can find affordable auto insurance prices for the coverage they need by comparing quotes from a variety of leading companies. Locate the cheapest rates and purchase a policy online in minutes.

    Those working with a tight budget due to low income do not have to go uninsured. There is a way to find low cost car insurance by completing an instant and free rate comparison without the hassle of contacting different companies individually. As a one stop shop, OnlineAutoInsurance.com gives visitors instant access to immediate quotes from many carriers so that you don t waste time repeatedly completing quote forms or calling an array of phone numbers.

    Whether looking for low income liability car insurance (mandatory in most states) or a bit more coverage, the cheapest premiums may be offered by a different company since each driver is different in many ways. For example, a young driver may get the lowest quotations from one company and another driver considered to be high risk may find the lowest rates elsewhere.

    This is because insurers usually specialize in certain fields and will offer affordable prices for only drivers who fall into those categories. The bottom line is that we must all locate the one who can fit our limited income.

    List of low cost car insurance companies:

    OnlineAutoInsurance.com helps those with low income find cheap rates by comparing the prices of low cost companies such as:

    • Progressive
    • GMAC
    • Infinity
    • Bristol West
    • Western General
    • Western United
    • Explorer
    • Access General
    • Carnegie General
    • and many more.

    Most affordable car insurance on market now:

    The most affordable coverage provider may vary for each one of us. A good example of this is when your neighbor tells you that he found the lowest rates from a certain company and you decide to call them, only to find out that you found cheaper rates elsewhere. Why? That s because you are a unique in many factors such as age, your driving history (time driving, violations and accidents), vehicles and coverage desired.

    The solution is simple, whether you re a young student, a mature employed person, a learner driver, or any other case, it pays to shop around. It is among the most often provided tips provided by state department guides and related resources because premiums vary widely within carriers. Take advantage of OnlineAutoinsurance.com s free auto insurance quotes online and find the most affordable rates for any income restrictions you may have.

    Some low income drivers with a restricted budget may be eligible for the low cost auto insurance program provide by your state. This program was designed to reduce the number of uninsured drivers who could not afford to purchase coverage due to limited incomes. This program usually provides only the minimum coverage which is mandatory or required by law.

    Visit OnlineAutoInsurance.com for more information and to learn more about your insuring needs with no obligations. Read answers frequently asked questions and use a variety of free tools to ensure savings and educated decisions.

    Permission is granted to republish this article, free of charge, as long as embedded links remain intact and articles are not changed, edited, or reworded.


    Government-Sponsored Car Insurance for Low Income Families #auto #insurance #quotes


    #low cost auto insurance
    #

    Government-Sponsored Car Insurance for Low-Income Families

    On average, low-income households spend a disproportionately high percentage of their annual income on car insurance. Considering that car insurance is required in most states, it is a necessary expense.

    As of this writing, California, New Jersey, and Hawaii have low-income auto insurance programs.

    California’s Low Cost Auto Insurance Program

    Made part of California law in 1999, California’s Low Cost Automobile Insurance Program (CLCA) is designed to provide liability car insurance at affordable rates to income-eligible drivers.

    To qualify for the CLCA. you must:

    • Meet income eligibility requirements.
      • Income eligibility* depends on the number of people in your household and the combined income of all members of the household.
    • Have a good driving record.
    • Be at least 19 years old.
    • Have a current valid driver’s license.
    • Own a car:
      • Valued at $20,000 or less.
      • With no unpaid loans.

    Annual premiums vary from county to county but the highest premium is capped at $388.

    Coverage limits provided by the CLCA are lower than the CA’s standard minimum requirements for car insurance. However, drivers in the program are exempt from meeting those requirements.

    CLCA coverage limits are as followed:

    • $10,000 for bodily injury or death per person.
    • $20,000 for total bodily injury or death when multiple people are hurt in an accident.
    • $3,000 for property damage.

    * To check your eligibility and find out the premium rates in your county, visit the CLCA website.

    New Jersey’s Special Automobile Insurance Policy

    The Special Automobile Insurance Policy (SAIP) is New Jersey’s initiative to help provide car insurance to low-income drivers.

    You can apply to SAIP through most insurance agents in New Jersey.

    To be eligible for SAIP you must:

    • Currently be enrolled in Federal Medicaid with Hospitalization.
    • Have a current valid driver’s license.
    • $360 per year if you pay up front.
    • $365 per year if you pay in two installments.

    SAIP covers your emergency treatment immediately following a car crash, in addition to costs related to serious brain or spinal cord injuries up to $250,000.

    SAIP does not provide you with liability auto insurance coverage, or other medical costs that would be covered through Medicaid.

    If your Medicaid is canceled during coverage, you may keep your policy, however, you will not be able to renew a SAIP policy once your current policy has expired.

    For more information about New Jersey’s Special Automobile Insurance Policy, visit the New Jersey Department of Banking Insurance website.

    Hawaii’s Low Cost Disability Auto Insurance Program

    According to Hawaii state law, any driver or person unable to drive due to permanent disability who receives public assistance involving direct cash payments may receive free personal injury protection and liability insurance from the state.

    Shopping Around for Car Insurance


    Government-Sponsored Car Insurance for Low Income Families #manheim #auto


    #low cost auto insurance
    #

    Government-Sponsored Car Insurance for Low-Income Families

    On average, low-income households spend a disproportionately high percentage of their annual income on car insurance. Considering that car insurance is required in most states, it is a necessary expense.

    As of this writing, California, New Jersey, and Hawaii have low-income auto insurance programs.

    California’s Low Cost Auto Insurance Program

    Made part of California law in 1999, California’s Low Cost Automobile Insurance Program (CLCA) is designed to provide liability car insurance at affordable rates to income-eligible drivers.

    To qualify for the CLCA. you must:

    • Meet income eligibility requirements.
      • Income eligibility* depends on the number of people in your household and the combined income of all members of the household.
    • Have a good driving record.
    • Be at least 19 years old.
    • Have a current valid driver’s license.
    • Own a car:
      • Valued at $20,000 or less.
      • With no unpaid loans.

    Annual premiums vary from county to county but the highest premium is capped at $388.

    Coverage limits provided by the CLCA are lower than the CA’s standard minimum requirements for car insurance. However, drivers in the program are exempt from meeting those requirements.

    CLCA coverage limits are as followed:

    • $10,000 for bodily injury or death per person.
    • $20,000 for total bodily injury or death when multiple people are hurt in an accident.
    • $3,000 for property damage.

    * To check your eligibility and find out the premium rates in your county, visit the CLCA website.

    New Jersey’s Special Automobile Insurance Policy

    The Special Automobile Insurance Policy (SAIP) is New Jersey’s initiative to help provide car insurance to low-income drivers.

    You can apply to SAIP through most insurance agents in New Jersey.

    To be eligible for SAIP you must:

    • Currently be enrolled in Federal Medicaid with Hospitalization.
    • Have a current valid driver’s license.
    • $360 per year if you pay up front.
    • $365 per year if you pay in two installments.

    SAIP covers your emergency treatment immediately following a car crash, in addition to costs related to serious brain or spinal cord injuries up to $250,000.

    SAIP does not provide you with liability auto insurance coverage, or other medical costs that would be covered through Medicaid.

    If your Medicaid is canceled during coverage, you may keep your policy, however, you will not be able to renew a SAIP policy once your current policy has expired.

    For more information about New Jersey’s Special Automobile Insurance Policy, visit the New Jersey Department of Banking Insurance website.

    Hawaii’s Low Cost Disability Auto Insurance Program

    According to Hawaii state law, any driver or person unable to drive due to permanent disability who receives public assistance involving direct cash payments may receive free personal injury protection and liability insurance from the state.

    Shopping Around for Car Insurance


    Auto Insurance for Low Income People – Insurance Articles and RSS Feeds #auto #circle


    #low cost auto insurance
    #

    Auto Insurance for Low Income People

    Got a low income? Looking for affordable car insurance?

    People with low income can find affordable auto insurance prices for the coverage they need by comparing quotes from a variety of leading companies. Locate the cheapest rates and purchase a policy online in minutes.

    Those working with a tight budget due to low income do not have to go uninsured. There is a way to find low cost car insurance by completing an instant and free rate comparison without the hassle of contacting different companies individually. As a one stop shop, OnlineAutoInsurance.com gives visitors instant access to immediate quotes from many carriers so that you don t waste time repeatedly completing quote forms or calling an array of phone numbers.

    Whether looking for low income liability car insurance (mandatory in most states) or a bit more coverage, the cheapest premiums may be offered by a different company since each driver is different in many ways. For example, a young driver may get the lowest quotations from one company and another driver considered to be high risk may find the lowest rates elsewhere.

    This is because insurers usually specialize in certain fields and will offer affordable prices for only drivers who fall into those categories. The bottom line is that we must all locate the one who can fit our limited income.

    List of low cost car insurance companies:

    OnlineAutoInsurance.com helps those with low income find cheap rates by comparing the prices of low cost companies such as:

    • Progressive
    • GMAC
    • Infinity
    • Bristol West
    • Western General
    • Western United
    • Explorer
    • Access General
    • Carnegie General
    • and many more.

    Most affordable car insurance on market now:

    The most affordable coverage provider may vary for each one of us. A good example of this is when your neighbor tells you that he found the lowest rates from a certain company and you decide to call them, only to find out that you found cheaper rates elsewhere. Why? That s because you are a unique in many factors such as age, your driving history (time driving, violations and accidents), vehicles and coverage desired.

    The solution is simple, whether you re a young student, a mature employed person, a learner driver, or any other case, it pays to shop around. It is among the most often provided tips provided by state department guides and related resources because premiums vary widely within carriers. Take advantage of OnlineAutoinsurance.com s free auto insurance quotes online and find the most affordable rates for any income restrictions you may have.

    Some low income drivers with a restricted budget may be eligible for the low cost auto insurance program provide by your state. This program was designed to reduce the number of uninsured drivers who could not afford to purchase coverage due to limited incomes. This program usually provides only the minimum coverage which is mandatory or required by law.

    Visit OnlineAutoInsurance.com for more information and to learn more about your insuring needs with no obligations. Read answers frequently asked questions and use a variety of free tools to ensure savings and educated decisions.

    Permission is granted to republish this article, free of charge, as long as embedded links remain intact and articles are not changed, edited, or reworded.


    The Best Low Income Car Insurance Policies


    #low auto insurance
    #

    The Best Low Income Car Insurance Policies

    June 25, 2013

    For those drivers with a low income. car insurance can be particularly burdensome. Many car insurance industry reports and statistics show that over the last few years car insurance rates have continued to increase by an average of 10% to 12% every year. While car insurance costs continue to climb, wages paid to low income workers have not kept pace.

    Get Free Car Insurance Quotes

    While a couple of states like California and Washington are attempting to impose laws and regulations that will make basic car insurance more affordable for low-income drivers and families, the programs have not been in place long enough to have a considerable effect on premium prices. Moreover, because only a couple of states are enacting this type of legislation, the majority of low-income drivers across the country are either uninsured or underinsured.

    Driving without car insurance is not only against the law – it is very unwise. If you’re involved in a car accident and have no car insurance, you can be sued or even go to jail. So even though car insurance is expensive, you’ll need to make sure that you maintain the legally required minimum levels of coverage for your state. Knowing where to find the most affordable car insurance policies can offer a little relief.

    Choose Low Income Insurance Specialists

    While you can purchase basic car insurance coverage from any car insurance company, there are some that specialize in policies for low-income drivers. Companies that specialize in low income car insurance policies provide only the most minimal amounts of coverage, but do attempt to make policy rates more affordable. They often require smaller down payments and may require direct debit payments from your checking or savings account in exchange for offering low rates. Here is a list of some of the most popular low income car insurance companies.

    • Eastwood Insurance
    • Progressive
    • GMAC
    • Infinity
    • Bristol West
    • Western General
    • Western United
    • Explorer
    • Access General
    • Carnegie General
    • Get Free Car Insurance Quotes

    Other Ways to Save on Low Income Car Insurance

    Just as with any other type of car insurance, the amount of money you pay for low income car insurance will depend upon your personal driving record and the type of car you need to ensure. So, by making sure that you always follow the law and traffic regulations when driving your vehicle, you can avoid costly traffic tickets that will not only cost you money in fines and penalties, but will also increase your car insurance rates.

    Many insurance companies can offer low rates for the most basic types of car insurance coverage; so, you might also want to consider visiting independent car insurance agencies in your area and asking the agent about which companies provide minimal level coverage for the lowest prices. There are literally hundreds of smaller insurance companies across the country that can provide low income car insurance. Just be sure to do your research and make sure the one you choose is financially sound, and pays out on claims in the event of an accident. You can use the Internet to search for information on any car insurance company in the country.