Below there is a list of ways to increase your chances to get discount auto insurance. Some of the methods you will find very useful while others might not fit your exact situation, but by using any of these ideas you will be able to save some money.
I. Get Multiple Quotes: This alone can be your largest money saver. Each insurance corporation has an individual rating system so check as many companies as possible.
II. Pay For Your Policy In Full: This will usually lead to the cheapest policy for you. Many insurance corporations add surcharges for paying monthly, bi-monthly or even quarterly. So if it is possible try to pay in one or two bills.
III. Take Part Of EFT: Electronic Funds Transfer will help you stay away from surcharges that insurance companies charge for mailing out a bill to you every month.
IV. Don't Wait Until The Last Minute To Buy: Certain companies will give you a discount if you get your auto insurance rates more than 7 days prior to the policy start date.
V. Credit Scoring: Most large insurance organizations have gone to insurance credit scoring. This takes many more factors into consideration than just your credit score, but your score still makes up a big chunk of it. If you can increase your credit score you will generally pay less. There are organizations that if you refuse to give your social security number they then can't run a credit analysis. Then they will give you a general rate which might be better if you know you have lousy credit.
VI. Take A Class On Drivers Training: The class isn't usually free but you get an auto insurance discount for up to 3 years. You can take the class again after the three years and the cost of the class is usually less than your first year discount associated with it.
VII. Raise Your Current Collision Deductible: You can easily save 100 bucks by raising you deductible from 500 to 1000 dollars, but understand you are now responsible for the first $1000 worth of damage to your vehicle. Your other than Collision deductible( Comprehensive) isn't worth increasing because the savings would be minimal.
VIII. Ask About Other Discounts: There are multiple discounts that you might not be receiving. A multiple car, multiple policy, good driver, good student, safety device and many more, so ask to make sure you are getting all the discounts available.
I. Get Multiple Quotes: This alone can be your largest money saver. Each insurance corporation has an individual rating system so check as many companies as possible.
II. Pay For Your Policy In Full: This will usually lead to the cheapest policy for you. Many insurance corporations add surcharges for paying monthly, bi-monthly or even quarterly. So if it is possible try to pay in one or two bills.
III. Take Part Of EFT: Electronic Funds Transfer will help you stay away from surcharges that insurance companies charge for mailing out a bill to you every month.
IV. Don't Wait Until The Last Minute To Buy: Certain companies will give you a discount if you get your auto insurance rates more than 7 days prior to the policy start date.
V. Credit Scoring: Most large insurance organizations have gone to insurance credit scoring. This takes many more factors into consideration than just your credit score, but your score still makes up a big chunk of it. If you can increase your credit score you will generally pay less. There are organizations that if you refuse to give your social security number they then can't run a credit analysis. Then they will give you a general rate which might be better if you know you have lousy credit.
VI. Take A Class On Drivers Training: The class isn't usually free but you get an auto insurance discount for up to 3 years. You can take the class again after the three years and the cost of the class is usually less than your first year discount associated with it.
VII. Raise Your Current Collision Deductible: You can easily save 100 bucks by raising you deductible from 500 to 1000 dollars, but understand you are now responsible for the first $1000 worth of damage to your vehicle. Your other than Collision deductible( Comprehensive) isn't worth increasing because the savings would be minimal.
VIII. Ask About Other Discounts: There are multiple discounts that you might not be receiving. A multiple car, multiple policy, good driver, good student, safety device and many more, so ask to make sure you are getting all the discounts available.
About the Author:
If you liked this article you may like Joe's website where you can find Discount Auto Insurance tips to help you save money when it's time to get Free Insurance Quotes. By visiting Joe's site you'll save money on your auto insurance by comparing multiple insurance rates from local agents and national companies.
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