10 Ways To Lower Your Auto Insurance
 by: Pete Lance

Nowadays, auto insurance is really expensive. A typical insurance policy can cost a few hundred dollars to a few thousand dollars a year. And the insurance rates you pay are hugely dependent on the insurance company or agent, your age, your car type, your driving record, and even the area you reside in!

You should never go without auto insurance though, despite the costs. Almost all the states require you to protect yourself with a minimum amount of liability coverage. Naturally, the bare minimum is not adequate enough for the average car owner. And as you add in additional coverage for your car, you realize that you will be paying a fairly large sum annually.

So, understanding auto insurance can actually help you to decide on a suitable insurance policy that won’t vacuum clean your wallet! Here, we have gathered 10 of the best tips for lowering your auto insurance, by as much as 40%!

Always compare insurance policies. There are states which regulate auto insurance rates, but the insurance premiums can vary by hundreds of dollars for the exact same coverage. It is definitely worthwhile to shop around. The first thing you can do is to check with your state insurance department. They often provide information about the coverage you need, as well as sample rates from the biggest companies. You can also ask your friends or look up the yellow pages. Checking consumer guides and asking insurance agents can pay off as well. You can easily find out the price range for your insurance policy, as well as discover the lowest prices in town.

However, you should not be shopping based on price along. The insurance company should provide good service at the best price. Excellent personal service is available as well, and they provide added conveniences, although they cost a fair bit more. Ask the company how you can lower your costs, and also check their financial ratings. The rule of thumb is always to get three price quotes from three different companies, and pick the one with the best value.

It can also be a good idea to increase your deductibles. When you file a claim, the deductible is the amount you pay before the insurance company pays for the rest of the damage. A higher deductible on collision and comprehensive coverage can lead to a much lower premium. For example, increasing your deductible from $200 to $400 can reduce your premiums by up to 25%. However, you must ensure that you have the financial resources to handle the largest deductible when the time comes.

Remove certain types of coverage from your policy. Almost all the states require liability coverage for your car, but the rest of the coverage is probably dispensable. However, you do not want to be underinsured if you’re in an accident, so it isn’t advisable to remove all of your additional coverage. Optional coverage includes medical payments, uninsured motorist, collision, and comprehensive coverage.

Drop collision and comprehensive coverage for older cars. If you drive an older car that’s worth less than $2,000, it’s probably more cost-effective to drop collision and comprehensive coverage since you’ll probably pay more for the coverage than you’ll collect for a claim. You can find out the worth of your car by asking auto dealers and banks.

Make sure your credit report looks good. Car insurance companies often look at your credit history as there is a correlation between the risk to the company and your credit history. If you pay your bills on time and maintain a good credit history, you can enjoy lower insurance rates.

Drive less. Insurance companies often offer low-mileage discounts to motorists who drive less than a predetermined number of miles each year. You can use public transportation more often, car-pool with friends, and take the train or a plane instead of driving to another state. And you’ll save on more than your coverage as you’ll need to spend less on gasoline (of which prices are incredibly high).

Maintain a clean driving record. The company will give you a price break and you can save on your insurance policy after a specified period of a clean driving record. This means that you have no accidents, no serious driving violations etc, during this period of time. The simplest and surefire way to qualify for this discount is to drive carefully and defensively all the time.

Choose a low-profile car. Insurance rates vary among difference models of vehicles. Generally, sports cars and high-performance cars tend to cost more to insure, mainly because they represent more risk of theft and the drivers are often the people who drive more recklessly. Newer cars will cost more to repair or replace than older ones, so naturally they can more to insure. Low-risk vehicles include station wagons and sedans.

Ask about safety and security discounts. The insurance companies sometimes offer discounts on your insurance if your car is equipped with the following: anti-lock brakes, air bags, automatic seat belts, car alarms, tracking systems. These reduce the injury risk to you, as well as the chances of your car being vandalized or stolen.

Finally, ask about other discounts. You may receive a discount if you buy more than one type of insurance from the same company or if you insure multiple cars under the same policy or company. You may also receive discounts for taking a defensive driving course, staying with the same company for a few years, being a driver over 50, good-student discounts, and being an AAA member. If you already have adequate health insurance, you can also eliminate paying for duplicate medical coverage, thus lowering your personal injury protection costs by a substantial amount.

About The Author

Pete Lance is the founder of http://www.USGasTracker.org, a premier company which helps the consumer save money on gasoline. Thousands of gas stations across the nation are tracked daily to guarantee the lowest prices on gasoline for any zip code in the United States.

petelance1@yahoo.com

39 minutes ago – ABC News 1:09 | 0 views

Dalton

New Orleans LA

The Internet will save you a lot of money when you do your search for your car insurance policies. In fact, it’s just not money that you can save; you can also save on energy and time. The Internet has made the whole world closer together and with that, information is within our reach already. You don’t have to go halfway around the world to know the culture of people there. All you have to do is surf the Internet and read up. The same goes for insurances. During the early days, people are hesitant to even to talk to insurance agents because they think they will have to buy something that they don’t need. Now, with the Internet, people learn more about insurance and its importance because information is within reach already. People are now less adverse about insurance since they are now well informed.

First of all, the Internet can save you lots of money because it enables you to find the cheapest auto insurance among the many insurance policies offering the same coverage. The more you have quotes in your hands, the more chances that you’ll find the lowest rate when you compare Louisiana auto insurance. The Internet can provide you with as many auto insurance quotes as you want from various companies. You don’t just find the insurance with the lowest rate, you will also know the many various options you have regarding how your auto insurance should be.

When you compare auto insurance in the Internet, you save time because with its powerful and fast search robot technology, you will get your many auto insurance quotes in an instant. All you have to do is to enter the necessary details about yourself and about your car in an insurance web site and once you submit your request, the site will do all the task of scouring the Internet for as many quotes as it can from as many companies as it is affiliated with. You don’t have to wait for days to get just one insurance quote. Through the Internet, you get everything in an instant.

The Internet can also save you energy because you don’t have to roam around the road and visit auto insurance companies or meet up with insurance agents just to be able to compare auto insurance quotes. With the Internet, you get all your quotes in an instant and in one sitting.

Mike

Baton Rouge, LA

Yes it is true. Most car insurance providers extend a discount to drivers between the ages of 50 and 70.

Senior citizen car insurance plays an important role in your monthly expenses. I am sure you want to obtain the best rate possible right now. Here are some of the things you can do to lower your car insurance premium.

1. Ask your insurance agent to compare senior citizen car insurance with other insurers or you can shop around yourself and get as many quotes as possible from other insurers.

2. Inform your agent that you want to get as many discounts that you may be eligible of to lower your car insurance premium.

3. If you do not drive your vehicle on a regular basis, you may be entitled to get low mileage discount. Below average miles of 7,500 on your car can offer you big savings on your insurance.

4. If you are a member of an organization, you may be entitled for discounts as well. Example of an organization would be the The American Association of Retired Persons (AARP).

5. Car insurance agents often compare rates between many insurers so ask your agent to shop around for the cheapest senior citizen car insurance policies.

6. If you have an improved credit standing, you are on your way to an excellent rate.

Is it very difficult to get car insurance online?

Larry

Baton Rouge,LA

Great Question, Larry

With the ease now of being able to go online and get free, cheap car insurance quotes in no time at all shouldn’t prevent anyone from finding out just what is available in a matter of seconds. Today car or auto insurance companies offer a wide range of policies and plans to their customers and can offer discount free online cheap car insurance quotes. It’s easy to find out if you’re paying too much for your auto insurance because you can easily get free, online, cheap car insurance quotes from insurance companies so you can compare rates with other companies.

Of course if you’re already insured you can choose to stay with your present company or go with a new company if you want to, but low cost or cheaper rates may be a good reason to switch to another company. You also need to find out if it’s possible to make your monthly or quarterly payments online. This can save you a lot of hassle and avoid cancellation of your insurance because you can pay early and know they have received your payment, where sometimes by mail payments get lost. You’ll want to make sure that you have full coverage or at least the coverage you basically need in your insurance policy and that the insurance agents will be easy to contact at their office or home most of the time.