How to Get the Lowest Auto Insurance Rate
Are you sure you’re getting the lowest auto insurance rate possible? If you haven’t done any comparison shopping for car insurance lately, you’re probably paying too much. The average annual cost for car insurance in the United States is over $5,000, but you can save on your car insurance by …
* Getting all the discounts you qualify for
* Setting your deductibles high
* Keeping your credit record clean
* Comparing rates at an insurance comparison website
Get All the Discounts You Qualify For
Discounts are a great way to lower your insurance premium. Most insurance companies offer the following discounts:
* Multi-policy discount for buying your home and auto insurance from the same company.
* Good student discount for maintaining a high grade average.
* Discounts for safety features such as automatic seat belts, airbags, and anti-lock brakes.
* Discounts for taking a defensive-driving or drivers ed course.
* Discounts for being accident-free for a specified number of years.
* Discounts for anti-theft devices like car alarms and electronic disablers.
Ask your insurer about other discounts they offer and take advantage of all the discounts your qualify for.
Set Your Deductibles High
The deductible is the amount you pay out-of-pocket to repair or replace your car when it is damaged. The higher you set your deductible the lower your premium will be, so set your deductible as high as you can afford. Increasing it from $500 to $1,000 will save you 10 to 50 percent.
Keep Your Credit Record Clean
Almost all insurance companies look at your credit record and charge a higher base rate if your credit is poor. In fact, if you have a poor credit history you can pay as much as 20 to 50 percent higher on your car insurance than someone who has good credit.
Shop Rates at an Insurance Comparison Website
Insurance premiums can vary by hundreds of dollars from one insurance company to another, so you need to get quotes from several companies to get the lowest rate. By going to an insurance comparison website you can compare rates quickly and easily.
On the best insurance comparison websites you can even talk with insurance professionals to get answers to your questions, and get more tips on saving money on your car insurance (see link below).
Visit http://www.LowerRateQuotes.com or click on the following link to get low auto insurance quotes from top-rated companies and see how much you can save. You can get more auto insurance tips in their Articles section.
By: ryan@thesatellitetvguide.com
How Do I Lower My Auto Insurance Rates?
Since there are many factors that go into determining your auto insurance rates, there are many chances to lower your rates.
If you change jobs and your drive to work changes or you stop working or you work from home, you should contact your insurance company.
If you have a teen driver and they go to school over 100 miles away without a car then you should be able to get a discount.
If you get married and are in your teens or twenties call your insurance company and see about combining your policies.
Take defensive driving if your state allows it for a discount.
See if increasing your comprehsive and collision deductibles will save you a lot of money. You need to compare what you’re saving and how much more you will have to pay if you file a claim. For example, if you go from $500 to a $1000 deductible and it lowers your insurance $50 per 6 months then it saves you $100 a year.
It will take you 5 years to break even from what you are saving compared to how much more you have to pay.
Now, if it saves you $250 every six months then it would be more worth your while.
See if combining your auto and home insurance polices will qualify for a multi policy discount with your current company. This could be a substantial discount.
One of the biggest ways you could save $200-$500 or more a year is shopping around for insurance. The auto insurance industry is very competitive and this is great news for smart consumers like yourself. Shop for auto insurance quotes here and see how much you can save.
A. Chris Tijerina has over 3 years of experience in the auto insurance industry and has seen many different people deal with auto insurance related problems. http://www.insurance-for-cars.com answers many of the questions facing drivers today.
By: Samira Jiwani
Avoiding Fender Bender that Increases Cincinnati Auto Insurance Rates
Accident can take place everytime you are on the road. Although this happens with different reasons, you always end up on the wrong side of the fender bender or having a small collision with another vehicle. Regardless of whose fault is the accident, this can always affect your Cincinnati auto insurance premiums. There are things you have to know about the fender bender which can help you making the same mistakes again.
Before driving your car, make sure that you have a pen, a camera and of course your Cincinnati auto insurance. Oftentimes, the driver who has cause the road traffic accident will have the responsibility to pay for all the damages in the accident. But you should not pay or get the payment of the other driver at once just to become free of the situation. This is the easiest way to get out from the unwanted situation but this is not the best decision that you will make.
If you have met an accident, make sure that you are aware of the details that happen so that you can defend yourself in case the other driver is pointing that the accident is your fault. In such situation, you should make sure to write all the important details such as the names, addresses, and contact numbers of everyone involved in the accident. You should also get the license number, car model of the other driver involve in the accident and any important detail which can be useful in the investigation.
Since your auto insurance is already affected with the accident you have involved, you can talk to your insurance agent to double your deductibles so that you will to have a hard time in paying for your Cincinnati auto insurance premium. Increasing your deductible is the best way to save money on your auto insurance if you are sure you are a safe driver. Although being in the fender bender is quite expensive, you can increase your deductibles as long as you are one of those drivers that practice safely driving. There are surely discounts which can be offered by your existing insurance company which is appropriate for a safe driver like you.
You know that your driving record is one requirement when you get your insurance policy so you have to make sure that you have an outstanding driving record. If there is a chance that you feel that your driving record is on the spotted side, it is not really bad to find ways for you to lower your auto insurance rates. Insurance companies can help high risk drivers to have lower premium. All you have to do is have a small talk with your insurance agent for you to know things which can help you with your goal. Many people are not aware of the things they can take as their advantage. You should make your way to find the things which can give you the chance to save money while being benefited by your insurance policy.
By: Erin Fritzhauer