A vehicle insurance quote will often lure you in with a low monthly premium. You see these advertised on TV all the time. The trick of this is, that these lower premiums are often teasers. It’s been reported that insurance companies will market to higher risk drivers, such as college students, with the idea that the policies being sold are cheaper. And while the monthly premiums are indeed lower, these are often temporary. Like credit cards, insurance policies are subject to change and are not set in stone. Something as menial as an unpaid parking ticket or traffic violation can drastically increase your insurance rate, should your insurer receive notice of this violation.