Saturday, October 20, 2012

Ways to Save on Car Insurance

A car crash on Jagtvej in Copenhagen, Denmark.
(Photo credit: Wikipedia)
Among the biggest expenses any household has is car insurance and finding ways to save money on that expense is essential. With a little time and work you'll be able to find many ways to save on a car insurance policy.One of the simplest methods to save money on automobile insurance is by just shopping around. Comparing prices at a few different automobile insurance companies will help you check if you're paying too much for insurance. You'll discover that rates vary between different insurance companies a lot. A few factors in how much you pay is your age and gender, plus your driving record. Commonly, males will pay more than females, and younger drivers will pay more than older ones.

After finding a good rate for your automobile insurance ask your agent if they have any discounts for bundling all your insurance policies together. A lot of auto insurance companies offer a price reduction to customers who have multiple vehicles. Think about changing over your homeowner’s, life, or tenants insurance policy to the same company. Huge discounts can be had when you give an insurance company all your business.

Raising your deductible is another method to save a lot of money on automobile insurance. If you have a deductible of $250, it is to low, think about raising it to a deductible between $500 to $ 1,000. Raising your deductible keeps down the liability the insurance company bears therefore you'll make a smaller payment. With the higher deductible more of the insurance liability falls on you. Make sure you have the money in savings to cover the amount of the deductible.

Presently, car insurance companies are extending discounts to clients who regularly wear their seatbelt, install a car alarm system, have airbags in their car, change their oil regularly, and are considered by their state to be good drivers. Remember that discounts can vary a lot between companies. There are also discounts extended for personal behaviors such as having good grades, not driving at night, and not drinking.

There are a lot of discounts available to you when you shop for car insurance. The insurance agent may not offer them to you, it is your business to inquire.

Auto insurance quotes in Washington D.C.

4 comments:

  1. Honesty is an important factor that agents consider when talking about auto insurance claims. Its important that buyers should have a well organized and documented file if in case they encounter an accident.

    ReplyDelete
  2. I think,you can save money on car insurance easily if you enroll yourself in a defensive driving course. The majority of auto insurance companies offer discounts on premiums for successfully passing a defensive driving course. The class itself is also beneficial because it teaches you to drive safer.

    ReplyDelete
  3. it is to low, think about raising it to a deductible between $500 to $ 1,000. Raising your deductible keeps down the liability the insurance company bears therefore you'll make a smaller payment. Best PPI Advice

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  4. Learn how to save money on auto insurance. Decrease your auto insurance premium and lower your auto insurance rates with ten tips from Kelley Blue Book. pret RCA

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