Who would have guessed that education matters when buying New Jersey car insurance? It’s actually a hidden secret in the insurance world, and certainly a big pricing factor auto insurance carriers don’t want you to know about.
Now don’t get crazy now — you don’t have to be an everyday Einstein, and you don’t have to understand the secrets of the universe. What does matter is the level of education you have
achieved. Many people think that insurance companies are discriminatory to charge those with lower
education levels more for insurance, but the practice has withstood
many court challenges.
To insurance companies, the more degrees you have the better!
Someone with only a high school education will pay slightly more than a
person with a bachelor’s degree, who pays slightly more than a person
with a master’s degree, and so on. So technically education matters when buying New Jersey car insurance!