How To Save On Your Auto Insurance
Auto insurance is a necessity for driving. Whether you are covered under your parents' policy, have purchased an insurance plan from a company, or just pay for car registration each year yourself, you will be paying for auto-related fees on the road. So how can you save on your auto insurance and get a better deal? Here are some tips to help guide you through the process:
1) Before going into any full-time job in which driving may become part of the job description, make sure that your policy covers this situation.
2) If you drive a stick shift, consider switching to an automatic transmission. Stick shifts cost more and the average driver does not maintain them well. Automatic transmissions are easier to maintain and usually come with more standard features than the manual versions.
3) Check your coverage for minor accidents. For example, if you are in a minor accident that your insurance company considers "minor," they will normally offer a discounted rate on the next policy period.
4) Pay careful attention to what discounts insurance companies offer in return for adequate knowledge of car maintenance and car repair procedures. Although you may be thinking that this is nothing new, many people fail to heed this advice.
But these tidbits of advice are not really that helpful, rather they are the basics that anyone interested in saving money on auto insurance should consider. If you are interested in learning some more advanced techniques, here are some more ideas:
5) Shop around. Although it is convenient to just stick with the same insurance company for all your policies, chances are there is another company out there could offer you a better rate and the same level of coverage; or it may have different policies that better suit your lifestyle. A few phone calls can go a long way in saving you money.
6) Do not feel obligated to purchase collision coverage from your auto insurance provider if you do not drive a newer model car. This is another option that you have to consider and if the auto body shop where you take your car for repairs does a great job, you can save a lot of money by having them repair the damage.
7) Consider raising your deductible from $250.00 to $1,000.00. For those who are just starting out with their first jobs or for those who are on limited budgets, this is an option that is especially important to take note of. Auto insurance deductibles increase the amount of risk that you must assume with regards to an accident or any other sort of damage related claim. If you do not have a lot of money in the bank, raising your deductible is a good way to save on your premiums.
8) Even if you are already insured, call your insurance company once every few months and ask for an updated quote. This is something that most insurance companies offer their customers for free. Just ask, specifically requesting a quote, and they will provide it for you. Some companies only check prices once every three or six months and this can cost you hundreds of dollars if their rates have gone up between the time of your last phone call and the next phone call.
These tips should help to alleviate your frustration over your insurance policy. But even if you have no trouble with auto insurance, why not learn some more techniques to just learning something new? After all, that is what Auto Insurance can be thought of as a way to create a new experience each and every time you need it.
Article Source: How To Save On Your Auto Insurance
NO ACCIDENT CLAIMS = SIGNIFICANTLY LOWERED AUTOMOBILE INSURANCE RATES.
"I've always been a student of insurance and learned that the best way to save on car insurance is to not make any claims. I've had several claims in my insurance history and have had to pay a lot more for the coverage after the claims were paid out. So my activities have been restricted - no risky driving, no speeding, etc."
"It seems a bit unusual since most people feel that their vehicle should be protected from damage or theft. But cars are more expensive to repair than many people realize or they simply understand that if you are careful about your car and take care of it, it should last a long time. Since you're not likely to need your car repairs frequently, there's no reason not to insure it."
"The discount was great but more importantly I was able to save $824.78/year on my annual premium. This is a significant percentage and I will be sure to keep my no claim status in the future."
"A few years ago my wife and I decided to compare other insurance companies so we could get the best deal. We already had our home, car, boat and motorcycle insurance with a very good company, but we are always on the lookout for better deals. Our agent at Allstate was great to work with and listened to what our goals were. After comparing rates we ended up saving over $700/year by switching policies."
"I'm an avid motorcyclist who has been riding for over ten years. I believe that motorcycling is a fun activity that many people can enjoy if they follow some simple safety rules. I've experienced some minor accidents with my bike but I've always been able to fix the damage myself. Although I don't typically make a claim, I think that if my bike were to be stolen or damaged, it would be much more difficult for me to repair the damage than it would be with standard auto insurance policies."
"I never made a claim on my car insurance. I believe that you should do everything in your power to keep your vehicle and its parts intact. The higher your deductible is, the less stressed you'll be out of an accident. After all, having most of your expenses covered just isn't really worth it if you can only use leftover money to pay for your deductible because it's not safe to repair. Take care of your car and you'll be able to save on the insurance."
"I bought my car seven years ago and I've been paying for the insurance ever since. Since then, I've been involved in several accidents but fortunately they weren't my fault. Anyway, I'd like to think that over time I have become a better driver and although the road conditions may not be perfect all the time the weather is terrible sometimes, it's inevitable that someone will get into an accident from time to time. The fact that other people's driving skills may not be as great as mine is what makes driving an important condition for me to insure.
Conclusion..."Driving is the one thing that everyone in America has to do. There are so many different types of driving conditions and actions that drivers can take to be safer and make themselves more responsible on the road. I'm glad that there are a lot of resources available for people to learn how they can improve their driving and they can learn more about insurance."
"I didn't use my car much for day-to-day transportation, I would usually drive it just a couple of times a month. Most of the time it was parked in my driveway."
"Yeah, I know what you mean. It's funny how cars have become around 50% cheaper than what they used to cost just about 20 years ago.