A good driving record always reduces your auto insurance costs. Keep a clean drivers license. Don't speed, don't drive dangerously, and you'll save money (apart from other benefits !)
* Bonus Tip
Okay, I said '7 Ways...', but here's some extra
tips. Fit anti-theft devices to your car. Go on
an advanced driver training course. Use daytime
running lights. If you're a college student away
from home, consider adding to parents policy.
This short article covers the things you must
consider when shopping for auto insurance.
Follow these tips and you'll slash your auto
insurance costs.
Automobiles and Trucks
7 Easy Ways To Slash Your Auto Insurance Costs
About The Author
Neil Stelling is Marketing Manager of New York based, DigiLectual Inc. Discover valuable information and tips to help slash your auto insurance costs. Go ==>
http://www.autoinsurance--quotes.com/
- © DigiLectual Inc. 2004
4
must get coverage, how can you reduce costs ?
Here's 7 easy ways to get the best possible auto
insurance deal.
* Multiple Quotes
Get multiple quotes - use the internet and call
a few brokers. It's easy to gather some good
comparison quotes.
Insurance costs vary depending on car type. Obviously, that $100k sports model costs more to insure than your average runabout. If you're planning to buy a new car, check insurance costs before you buy. I once set my heart on a beautiful, high performance, highly tuned Pontiac.
Luckily I checked the auto insurance before I bought it, because I couldn't get insurance. Every broker, every insurance company flat turned me down because I lived in a high car-crime area. So I had to forget the car of my dreams until I moved up-town.
Most auto insurance companies use deductibles
to keep policy cost down. Deductibles, or excess
charges, show what you pay before your auto insurance policy kicks in. Try requesting quotes with different levels of deductibles, and see how your quotes vary.
Most internet quote forms contain a box where you can specify preferred level of deductibles. Ask your broker his recommended level. For example, going from $250 to $500
deductible can slash your insurance costs by 20% or more. Go to
$1000 and you save a lot of money. But you must pay the
deductible if you need to make a claim !
Maybe you're buying a used car ? Maybe your car saw better days a few years ago, and now values much lower ? So why pay for high-priced auto insurance ? In particular, do you still need fully comprehensive coverage ?
I guess this might come under the 'Get Multiple Quotes' heading,
but it's still worth mentioning separately. You usually get an
insurance break if you buy multiple policies with the same insurer.
This might mean multiple vehicles, or homeowner and auto insurance. Either way it's worth asking about multi-policy discounts.
More and more people work at home. No more commuting. Fewer business trips. Low mileage on your car. Maybe you do travel to work, but car pool ?
Either way, look for low mileage discounts.
e.g one from a direct-sell insurance company; another from an offline broker who keeps a database of quotes; and a couple from the internet.
Cheapest might not mean best. Will they pay out if you make a claim ? How financially secure ? How reputable ? Check around with family and friends, and look for online reviews.
by 10, and compares that figure with your car value.
So if you're quoted $1000 premium and your car is
worth less than $10,000 you may want to think if
comprehensive represents good value. If you drop
collision and/or comprehensive coverage, you
should get big savings.
