You Can Save Money On Auto Insurance
Auto insurance rates continue to rise everywhere much faster the rate of inflation in some states and provinces. You dare not do without auto insurance, but if you were able to do so you could be liable for some very big bills in the event of an accident. Trimming your auto insurance bill is possible and you may not have to switch insurers to do just that.
Get Discounts - If you are a good student, retired, or are a safe driver then your auto insurer may take these good attributes into mind when writing a policy for you. Discounts of 5 to 20 percent are possible if you belong to one of these special categories. Loyal customers usually receive discounts after one year of belonging to the same insurer.
Drop Coverage - An older car may not be worth the collision and comprehensive coverage it currently carries. Most cars that are more than ten years old can do without extra coverage, saving you big money on your auto insurance.
Bump up Deductibles - Auto insurance rates can drop if you go with a higher deductible. Instead of a $200 deductible, why not one for $500 or even $1000? You can save money on your auto insurance premium particularly when deductibles are more reasonable.
Your Car - If you are in the market for a new car, contact your auto insurance broker first before making a purchase. Two similar vehicles could have very different insurance costs with them. Your auto insurance broker will factor in the car's theft rate, projected repair costs, and overall quality when determining what your auto insurance premium will be.
Your Credit - Did you know that your credit rating plays an important part in determining your auto insurance premium? If you have bad credit, concentrate on cleaning up your act and your auto insurance costs will drop.
Shop Around - Sometimes it pays to shop around for auto insurance. Check with three or more companies and compare their premiums on the same coverage. Visit a site such as INSWeb to compare prices between auto insurance companies.
Auto insurance premiums aren't likely to drop anytime soon, however you may be able to save money now by taking a careful look at your current policy or by talking to a representative from a competing auto insurance company and seeing if they can beat the best offer you have received thus far.
Get Discounts - If you are a good student, retired, or are a safe driver then your auto insurer may take these good attributes into mind when writing a policy for you. Discounts of 5 to 20 percent are possible if you belong to one of these special categories. Loyal customers usually receive discounts after one year of belonging to the same insurer.
Drop Coverage - An older car may not be worth the collision and comprehensive coverage it currently carries. Most cars that are more than ten years old can do without extra coverage, saving you big money on your auto insurance.
Bump up Deductibles - Auto insurance rates can drop if you go with a higher deductible. Instead of a $200 deductible, why not one for $500 or even $1000? You can save money on your auto insurance premium particularly when deductibles are more reasonable.
Your Car - If you are in the market for a new car, contact your auto insurance broker first before making a purchase. Two similar vehicles could have very different insurance costs with them. Your auto insurance broker will factor in the car's theft rate, projected repair costs, and overall quality when determining what your auto insurance premium will be.
Your Credit - Did you know that your credit rating plays an important part in determining your auto insurance premium? If you have bad credit, concentrate on cleaning up your act and your auto insurance costs will drop.
Shop Around - Sometimes it pays to shop around for auto insurance. Check with three or more companies and compare their premiums on the same coverage. Visit a site such as INSWeb to compare prices between auto insurance companies.
Auto insurance premiums aren't likely to drop anytime soon, however you may be able to save money now by taking a careful look at your current policy or by talking to a representative from a competing auto insurance company and seeing if they can beat the best offer you have received thus far.