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Want to save money on your auto insurance? Here are suggestions from the Insurance Information Institute (III).
1. Compare. Consumer Guides online to use their state insurance department. These guides tell you what coverages you need and show you sample rates of car insurance, by generally larger companies. Get auto insurance quotes at least three insurers.
2. Ask for higher deductibles. When you a claim, a deductible is the amount of money you pay before your car insurance company pays for the rest of the damage. Deductibles high mean lower premiums. For example, increasing your deductible from $ 200 to $ 500 on collision and comprehensive coverage may reduce the portion of your premium 15 to 30 percent, according to III.
3. Drop collision and / or comprehensive coverages on older cars. If your car is totaled in an accident, will receive the real value of the car. Although auto insurance companies use their own criteria for determining the fair market value of vehicles, you can get a rough estimate of Kelley Blue Book. For older cars, may not make financial sense to pay premiums for many years to maintain collision and global coverage.
4. Buy a "low profile" car. Cars that are expensive to repair or that have a high theft rate have higher insurance rates car.
5. Take advantage of low mileage discounts. Some car insurance companies offer discounts to drivers who put fewer than a certain number of miles on their vehicles every year. And with the high price of gasoline, driving less makes financial sense.
6. Note the auto insurance rates to make a move. Car insurance rates tend to be lower in rural communities and highest in cities where congestion occurs more traffic and increases the likelihood of theft.
7. Ask for discounts for airbags and other safety features. Your insurance agent can tell you of these discounts when purchasing coverage. Most policies give discounts for air bags.
8. Ask about discounts ABS brakes. Some states require that insurers offer discounts for vehicles equipped with ABS. Some auto insurance companies give the discount no matter where you lives.
9. Ask about other discounts. Some insurers offer discounts on car insurance quotes for insuring more than one car, having no accidents in three years, being a driver over age 50, taking driver training courses, anti-theft devices have become a client and long term. Moreover, remember good discounts for students when a student is making sure you drive.
10. Buy your home and auto policies from the same insurer. This will give entitled to a discount of several lines.
11. Find out about group discounts. Sometimes, the policies of automobile insurance group are available through large employers, professional groups and other organizations.
12. Maintain good credit. Your credit score can affect your insurance rates car. The use of credit scores in setting prices for auto insurance varies by state and insurance company, but Statistics show that drivers with good credit records tend to have fewer accidents.
About the Author:
Amy Danise is a staff writer for Insure.com. Visit Insure.com for a comprehensive array of comparative auto, life and health quotes, including a vast library of originally authored insurance articles and decision-making tools that are not available from any other single source. Insure.com is dedicated to providing impartial insurance information to consumers. Visitors can obtain instant insurance quotes from more than 200 leading insurers, achieve maximum savings and have the freedom to buy from any company shown.
Article Source: ArticlesBase.com – Twelve Ways to Save on Your Auto Insurance Policy
