There is no one who would not like to lower their car insurance costs. The expense of owning a car is bad enough with the high cost of fuel and the large payments being made to the dealership, having an expensive car insurance policy is just not an option for most people. There are some easy techniques listed below that will show you how to lower your insurance costs with making very few changes.
Compare quotes and shop around for the best possible rates. With the thousands of insurance companies out there offering vehicle insurance and promising the lowest premiums you can be sure that shopping around for quotes is the only real way to find the truth. You can save hundreds sometimes thousands by comparing quotes. It is also important to know that any of your driving violations can be used against you longer from some insurance companies than others. Some insurance companies will look back up to ten years on your driving record while others only two years.
Your policy deductible van greatly impact your policy price. The deductible is the amount you have to pay upfront in case of a claim. Some companies offer low deductibles to lure you in but you are paying for the difference in your premiums. If you have a good driving record you may never file a claim that requires you to pay the deductible, so increasing the deductible amount for lower premiums might be a good suggestion.
If you are driving a sports car then you should expect to be paying higher rates than someone driving a sedan. You can be surprised however to find out that sedan is giving you higher rates than the sports car due to it being on the high risk category for theft or accidents. Talk to your dealership or search the internet to see what risk level your vehicle is placed in.
Most newer cars are equipped with safety and security features such as anti theft devices, GPS tracking systems, child safety locks, dual air bags and much more. If you are driving an older vehicle without these features your rates will be higher. You could install some of these devices to receive huge discounts from your insurance company.
If you have other insurance policies find a company that will offer discounts for combining them. If you use one company for insuring your home, vehicle, motorcycle, and boat you stand to save hundreds of dollars on all the policies, not just the car insurance.
Do not believe that the rates you are currently paying are the lowest available. By shopping around and comparing prices you will be delighted to discover just how much money you can save. The same policy you have now could be much lower with someone else, shop around and find out who can offer you the best deal.
Compare quotes and shop around for the best possible rates. With the thousands of insurance companies out there offering vehicle insurance and promising the lowest premiums you can be sure that shopping around for quotes is the only real way to find the truth. You can save hundreds sometimes thousands by comparing quotes. It is also important to know that any of your driving violations can be used against you longer from some insurance companies than others. Some insurance companies will look back up to ten years on your driving record while others only two years.
Your policy deductible van greatly impact your policy price. The deductible is the amount you have to pay upfront in case of a claim. Some companies offer low deductibles to lure you in but you are paying for the difference in your premiums. If you have a good driving record you may never file a claim that requires you to pay the deductible, so increasing the deductible amount for lower premiums might be a good suggestion.
If you are driving a sports car then you should expect to be paying higher rates than someone driving a sedan. You can be surprised however to find out that sedan is giving you higher rates than the sports car due to it being on the high risk category for theft or accidents. Talk to your dealership or search the internet to see what risk level your vehicle is placed in.
Most newer cars are equipped with safety and security features such as anti theft devices, GPS tracking systems, child safety locks, dual air bags and much more. If you are driving an older vehicle without these features your rates will be higher. You could install some of these devices to receive huge discounts from your insurance company.
If you have other insurance policies find a company that will offer discounts for combining them. If you use one company for insuring your home, vehicle, motorcycle, and boat you stand to save hundreds of dollars on all the policies, not just the car insurance.
Do not believe that the rates you are currently paying are the lowest available. By shopping around and comparing prices you will be delighted to discover just how much money you can save. The same policy you have now could be much lower with someone else, shop around and find out who can offer you the best deal.
About the Author:
Susan Reynolds is the webmaster for a leading South African Insurance Provider who specialises in Car Insurance.
No comments:
Post a Comment