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5 ways to save on car insurance

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    5 ways to save on car insurance

    1.Shop Shop Shop
    There is always a cheaper company. You just have to look. Run a quote on a site that can give you multiple quotes.

    2. Lower your coverages
    Have your policy revised. Do you need the coverages you have? Is it necessary to have comprehensive and collision coverage on your 1999 Toyota Camry?

    3. Combine your policies
    Combining your homeowners, rental, motorcycle, RV, boat and etc policy with one company. That can save for you overall.

    4. Threaten to leave
    This works for most companies. You are their life vessel. Without your business they will be out of business. Call your insurance company and tell them you are planning to switch to a different company. Ask them about any discounts they can apply. Let them do the work to find you discounts.

    5. Purchase a cheaper car to insure
    Sick of that Mustang? Good because itís denting your wallet in many ways. Go for a low profile vehicle.

    5 ways to save 2012

    #2
    Originally posted by jadet View Post
    Run a quote on a site that can give you multiple quotes.
    And then also get quotes from the companies that don't participate in those multi-quote services. Many of the big companies don't. I think Geico and Progressive are among those that don't but you can get quotes at their own websites.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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      #3
      Originally posted by jadet View Post
      1.Shop Shop Shop
      There is always a cheaper company.
      It's always a good idea to shop around. However, cheapest is not necessarily best. You want the greatest value.

      Comment


        #4
        Originally posted by disneysteve View Post
        And then also get quotes from the companies that don't participate in those multi-quote services. Many of the big companies don't. I think Geico and Progressive are among those that don't but you can get quotes at their own websites.
        Progressive also list their competitor's prices (higher or lower).

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          #5
          Originally posted by photo View Post
          It's always a good idea to shop around. However, cheapest is not necessarily best. You want the greatest value.
          Not necessarily true. If you're buying liability only coverage...who cares how the service is like? It's for the other party not you in an instance you're at fault for the accident.

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            #6
            Originally posted by jadet View Post
            1.Shop Shop Shop
            3. Combine your policies
            Combining your homeowners, rental, motorcycle, RV, boat and etc policy with one company. That can save for you overall.
            That finally stopped working for us last year. We ended up splitting our car insurance off from the house and boat. We came out ahead. So once you have insurances that are combined with one company, it's still worth it to continue shopping over the years.
            "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

            "It is easier to build strong children than to repair broken men." --Frederick Douglass

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              #7
              I'd lack to add "drop collision and comprehensive coverage after your car reaches a certain age." Otherwise, you may end up paying more in insurance than what the car is worth. At around five to seven years or more, stick with liability insurance only.

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                #8
                The 5 steps of car saving insurance are furnished below:
                1. Keep a clean driving record
                Your driving record helps determine your auto insurance rate. Protect your driving record and you could see savings.
                2. Choose your vehicle wisely
                You might find a great deal on a new car right now, but you might have to brace for sticker shock when you buy your insurance policy. Luxury automobiles can be expensive to insure, for example, because they are more expensive to repair and replace.
                3. Rethink how you use your vehicle
                Insurance rates vary depending on how much you drive and for what purpose. To keep your insurance costs down:
                Donít take the car everywhere you go. If possible, take public transit or car pool to work.
                Avoid unnecessary long hauls. Keep your annual mileage as low as possible.
                4.4. Review your coverage
                Thereís flexibility in your choice of coverage limits and deductibles, but you do need to be smart about what you choose:

                Carry as much coverage as you need. If you have an old car, for example, consider canceling or reducing your collision and/or comprehensive coverage.
                5.5. Look for discounts
                Review your automobile policy annually and hunt for a good deal. And donít forget to ask about discounts.

                Comment


                  #9
                  the article quoted in your original message seems to be removed? or the website no longer exists?

                  anyways, i think this article also presents some good stuff - The Top 15 Ways To Save On Car Insurance - http://www.4autoinsurancequote.com/l...car-insurance/

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                    #10
                    Another good way to save money on car insurance is to make an addition of additional features to your car such as some security features. You can install some anti-theft devices or an additional brake system into your car after buying it. It will help you to avoid high insurance payments and you can save a big hand of your hard earned money.

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                      #11
                      Factors which affects car insurance premiums

                      Car insurance is a legal requirement for all motorists and thats why this thread is very important for almost all members of saving advice.

                      Finding the best policy via price comparison website is the most recommended tip here but while choosing the policy there are number of things you should know first. This will help you to finalise the policy. For example Safe parking Ė logically speaking, parking your vehicle in the garage or a driveway is safer then parking on the road. By taking the extra precaution of parking your car in your driveway, the car insurer will deem the risk of theft and damage to be less and therefore the relevant discount would be applied to your car insurance quote. You may read more useful tips at all leading price comparison website's guide section.

                      Comment


                        #12
                        Originally posted by Rainbow Traveller View Post
                        3. Rethink how you use your vehicle
                        Insurance rates vary depending on how much you drive and for what purpose. To keep your insurance costs down:
                        Donít take the car everywhere you go. If possible, take public transit or car pool to work.
                        Avoid unnecessary long hauls. Keep your annual mileage as low as possible.
                        I called Progressive and told them I was no longer a nurse who did home care driving all day and drove no more than 20 miles a week. They were happy to give me a discount. Thirteen whole dollars a YEAR.

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                          #13
                          Knowing how to avoid having an accident can prevent accidents that could cost a bunch extra on insurance policies for a minimum of three years into the future. If you have a teen, don't let them have a licence until they turn 17. Most 16 year kids do not have the temperament or judgement needed to drive safely especially if other teens are in the car with them. If you have a teen send your teen to drivers ed classes that emphasizes driving skills with actual behind wheel experiences of skid recovery, panic braking and high speed maneuvering such as is taught at the Peachtree BMW CCA driving school at Road Atlanta. Besides improving their driving skills, your insurance company will give a sizable discount for them completing the class. Speaking of classes, a lot of insurance companies give discounts to students with good grades. They may not volunteer information about these discounts so be sure and ask about them. Don't buy the newest, coolest, fastest car for your teen to drive. The insurance will be much higher than insuring an older smaller engined, slower, car. Plus, if they wreck the car, the loss is less. Driving classes are not limited to teenagers either. Seniors can take an AARP on line driving class every three years for a sizable discount on their insurance rates too.

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                            #14
                            This brings up a question I've been mulling over, which is how much insurance to carry. I currently carry way more than the state minimum, because I live in an area where the cars on the road around me are much higher value than the one I drive. But I've been wondering lately how necessary that is if my net worth is currently in the negative? I mean, it's not like I currently have assets worth suing for. On the other hand, it would be pretty sucky for the other person if I weren't carrying enough insurance to cover damages in the event of an accident, right? Do you think most people just do the state minimum and leave it at that?

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                              #15
                              Originally posted by jadet View Post

                              4. Threaten to leave
                              This works for most companies. You are their life vessel. Without your business they will be out of business. Call your insurance company and tell them you are planning to switch to a different company. Ask them about any discounts they can apply. Let them do the work to find you discounts.
                              This works almost every time. I wait until I have 1 - 2 months left on my policy then say I'm going with someone cheaper. Then I get next year's policy cheaper than the previous year.

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