Monday, November 30, 2009
Automobile Insurance -- Seven Steps For More Affordable Rates
With the right advice you'll get more affordable rates for sufficient coverage. But also note that you could save if you use the wrong tips. The only difference is that you will be compromised in the quality of coverage you get. If you want advice that you can make use of to save much and at the same time maintain adequate coverage, continue reading...
1. Remaining without making claims will get you a special discount. Some insurance providers do NOT present this discount without some coercion (auto safety and insurance premiums are closely related)
If your insurance provider is one of those who don't give this discount tell them clearly that you'll switch to another insurer. Take it or leave it, every insurance provider likes having drivers who stay claims free for this long and you shouldn't find it hard getting lower rates with many other insurers.
However, oftentimes the threat of leaving from you will be enough to force them to make an exemption.
2. Your rate is seriously influenced by your total mileage. So do all you can to NOT drive your vehicle wherever you have a viable alternative. This is particularly true for those of us who stay in cities with modern mass transit systems.
You can equally reduce your mileage by carpooling.
3. Retired persons are given a special discount by many insurance companies. You will definitely NOT drive as much as you used to do once you are retired. Driving less means lower mileage which surely makes you a lower risk.
The details for each insurance provider might differ but this is definitely a good way to reduce your vehicle insurance cost. So it is important to discuss this with your insurance agent. If for any reason they don't have a discount like this, don't forget to inform your insurance agent about the change in your mileage. You should get a a cheaper rate if the change in mileage is significant.
4. There are several theft-deterrent mechanisms like alarm systems, automatic gas cut-off system and stuff like that. Considering that they lower the likelihood of your car being stolen, they result in a reasonable discount. Cars without such mechanisms are preferred targets for thieving rats.
5. You'll spend a lot more on car insurance if you live in Tampa Florida than you would if you lived in some sparsely populated town. It is a smart move to live in a less congested area if it fits your circumstance since the likelihood of vandalism, theft or an auto accident is far less.
6. Do your best to always ensure your policy never lapses. You'll get more expensive rates for a considerable length of time if this happens to you albeit inadvertently. It's easy for this to happen to some people while they are switching to another insurance provider.
One way to ensure you do NOT make this type of mistake is to maintain your old policy until you've confirmed that the new policy is fully operational. Many people are paying higher rates than they should just because they made this mistake. Therefore, make sure you don't become one of them.
7. Do you know that you might be losing money if you have a car that you've not used for months? Is one of your cars been covered in the garage for up to six months because it's broken? Have you removed it from your auto insurance policy?
The painful reality is that more people than you could imagine are paying higher rates than they should because of such negligence. I hope this is not the case with you.
8. You can get lower quotes on auto insurance now by visiting not less than five quotes sites. Each site will take you about 5 minutes or less to request quotes. (Some people give information that are not really correct about themselves. That is NOT wise as the quotes you'll get this way won't do you any good).
You'll simply select what represents the best auto insurance quote for you from the list of quotes returned. It's as simple as that. However, you could easily save hundreds of dollars.
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1 comment:
Hi,
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Regards
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