Wednesday, June 3, 2009

Cheap Vehicle Insurance -- Steps To Pay Less

By Chimezirim Odimba

Is it possible you have a car that you've not used for a long while? Do you have a car that you've just forgotten about because of the headaches it gives you or something? Are you still paying premiums on such a car because you did NOT remember to remove it from your auto insurance policy?

Simple as this looks a lot of people end up paying thousands in unnecessary premiums because they don't remember to remove such cars from their policy. If you made this kind of mistake then you can save yourself a lot of bucks by quickly removing an unused car or cars from your policy.

You will enjoy discounts with many insurance providers if you're part of an auto club. Although you shouldn't expect to be given massive discounts for this, every little discount you can garner will add up to much on the long run.

Make sure you do NOT give false details when you complete your forms. One of the factors that has kept rates as high as they are is insurance fraud. It's making everyone pay a lot more.

If you're one such people who don't care what your actions cost the rest, then be informed that your insurance provider will cancel your policy once they discover your details are false.

You'll then lose in a very big way. Your rates are raised by a big margin by your new insurer once your auto insurance policy lapses.

Insurance fraud costs the average family an extra $1,500 in premium dollars each year. You can help reduce this to our collective advantage by being truthful when completing your application form and if you ever have to file a claim.

You'll get a No Claims bonus or discount if you do not make any claims for about four years. Those who understand how to take advantage of this often handle very minor repairs and fixes and so easily become eligible for this discount. So check what it will cost you to fix the problem and what you'll gain with a No Claims discount and choose whichever will serve your best interest.

Another alternative for you is to use your parents' car insurance policy. If you're of driving age, then your parents certainly are far above twenty five years which means they're better risk drivers.

To take advantage of this though, you'll have to live with your parents and also have the car registered in their name. If you do not like the idea of handing the car's ownership to them and other stuff that may come with it, then you'll have to forget this alternative.

Car Insurance For Teens

And...

You'll save much if you will shop around and do thorough comparison. The range of quotes returned for a query could be as wide as $1,000 for a particular person. Although this is a good thing, it's important that you don't get carried away. It's not normally that straightforward if you want the best price/value.

The cheapest price may not represent you the best price/value. Notwithstanding that each of the quotes presented will certainly give you the same basic coverage, there could be several differences in the details of coverage. This makes it crucial that you find out if there aren't any exclusions you won't like.

Don't forget to treat these no-obligation quotes just that way. Don't feel obliged to pay until you've had all your questions answered to your satisfaction. You will saved from rude surprises later if you do this.

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