How To Get A Cheap Auto Insurance
March 2nd, 2008 by LoadRunner
* Install Theft Devices - this usually get discounts on car insurance. Some insurers would provide discounts of up to 36%.
* Consider Multiple Car Discount - if you have two or more cars or another fixed asset it makes sense to insure all of them at the same company.
* Complete a defensive-driving class or have a clean driving record – it could result in certain discounts.
* Pay your bills in a timely manner - and you would increase your insurance score and decrease insurance premium.
* Do not practice any unusual activity within the month before you buy auto insurance – otherwise the insurance score could be downgraded.
* The higher the deductible - the lower the premium.
* Incur low annual mileage – and benefit of the discount. Some insurance companies offer a discount of up to 10% if your annual mileage is less than 5000.
* If you are a city-dweller, expect higher rates – most accidents happen in larger cities.
* Students with high grades, drivers over 50 and certified teachers – sometimes could receive decreased insurance rates.
* Choose a yearly policy instead semiannual one – it can extend your savings on your car insurance.
* The better credit rating- the higher insurance score.
* Do not forget to ask a discounted premium – if you have kept your policy with an insurer for several years.
* The longer you are with the company – the higher the discount you could get.
* Consider air bags and automatic seat belts - some companies might discount up to 30% off Personal Injury Protection and Medical Payments coverage.
* Become the graduate of state approved driving school – it could save you up to 10% off on Bodily Injury, Property Damage, Medical Payments, Personal Injury Protection and Collision coverage.
* Find out insurance quotes for vehicles before you buy them –different cars have different premiums.
* Buying via the internet can save you money as online companies generally have lower overheads.
* If you have a garage use it - garaging your car can reduce premiums considerably.
How not to waste money in car insurance:
* Consider adequate hospitalization insurance before buying auto insurance which covers medical treatment for bodily injury in an auto accident
* Do not apply for Collision coverage if you are old model car owner – the amount paid in a claim takes depreciation into account thus you can receive considerably less than the cost of a replacement vehicle
* Do not forget - discounts apply only to certain parts of the total policy, so they do not necessarily result in huge savings
* Do not cancel your insurance policy before it expires – it may decrease your chances of obtaining auto coverage in the future
* If you are in a crash - ask for “Diminished Value” compensation. Diminished value compensates you for the loss of market value your car suffers after an accident
* Ask about A.M. Best rating ( which tells you its ability to payoff) –you could avoid Insurance rip-offs
* Review your policy and coverage annually – your needs and preferences could change
* Do not cover the cars you do not motor
www.insurancehow.com
Tags: accidents happen, bodily injury, buy auto insurance, car insurance, cars, city dweller, collision coverage, fixed asset, high grades, medical payments coverage, mileage, score
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