Car insurance is not cheap and we all need car insurance but do you know there are so many ways you can save money on your auto insurance policy? With a few painless steps, you can probably find yourself a cheaper policy. Here are eight ways to save:
You’ve heard it before. When looking for a new policy, get at least three quotes and if you really want to save, gather several more than that. It may sound like too much work to call multiple providers or find list of local agents but it is as simple as 1-2-3 as there are ways to collect multiple quotes online while sitting at comfort of home in just 2 minutes click here: (icarinsurance.org), just provide your zip and fill forms you will have multiple quotes to compare.
Do you know there are so many discounts for drivers. Such as good driver discount, good student discount and even profession discount and list goes on.Click here to learn all about car insurance discounts: http://www.icarinsurance.org/dis… . Discounts can vary widely by company as well as by state. So,don’t forget to ask your agent to find out which discounts you can avail when you buy your next car insurance.
Deductible is the amount you’ll pay out of pocket when making a claim before your insurance starts picking up the tab. It applies to your collision and comprehensive coverage (not your liability) and is the insurance that specifically covers your car. (For more on the different components of an auto-insurance policy, click here http://www.icarinsurance.org/basics-of-car-insurance/ Increase your deductible can cut your premium dramatically. And since insurance is meant to cover the big stuff you can’t handle comfortably on your own (not the small things), having a higher deductible can make a lot of sense.
If you’ve got your car insurance through a different company than you did your homeowners insurance or life insurance, you may be paying more than you should. Combining policies with a single company save you money.
If you’re in the market for a new car, keep in mind those with the highest theft rates and repair costs will cost more to insure. So if you’re debating between two models, it may be worthwhile to give your insurance agent a call to see if there is a notable difference in the insurance costs.
Comprehensive or collision coverage for older vehicles may not make sense financially. Consider the annual cost to insure older vehicles compared to their potential sale value. It may be that it costs more to insure an older vehicle than it costs to replace one. On the other hand, if you have little savings, insurance may be a relatively inexpensive way to replace an asset worth a few thousand dollars.
Your credit rating may affect your car insurance rates. Use of credit scores in setting car insurance prices varies by state and insurance company, but statistics show that drivers with good credit records tend to make fewer insurance claims.
Car pool has benefits beyond the environment. If you carpool with three friends, with each driving one-week shifts, you can cut the miles you drive by up to 75 percent and the less mileage helps you save more on car insurance.