SAVING MONEY ON CAR INSURANCE
Below are some great suggestions that will
help you save on your auto insurance
coverage. It is also recommended that you read
Insurance Basics' section and familiarize
yourself with the common
auto insurance terms.
-- Shop around and get different quotes from
at least three companies.
-- About once a year you should compare your
plan and rates to the rates offered by
different companies to see if you can obtain a
better deal for a similar plan.
-- You can take a defensive driving course to
lower your auto insurance premium rates and to
eliminate points off of your license.
-- Research to see if your auto insurance
carrier offers membership discounts. It is
likely you will have to pull this information
from them. They are not going to just offer it
-- If your license is clean, or cleaner than
it has been in the past, ask about discounts
for your positive driving record.
-- Multiple cars should be insured under the
same policy to receive a discount.
-- Utilizing the same company that issues your
home owners insurance for your auto coverage
will also result in a discounted rate.
-- If you can, pay your premium in full rather
than finance payments over 6 - 12 months.
-- Safety features such as anti-lock breaks,
air-bags, alarm, etc. will result in
-- Be a safe, smart driver!
-- Once a year, go over your policy and make
sure that you do not have coverage that
overlaps with other types of coverage you
have. For example, don't buy personal injury
protection auto coverage if you already
receive health insurance.
-- Maintain a positive
credit rating. In today's age, many
insurance companies will utilize your credit
history when determine whether or not to grant
policies and what your rates should be. Learn
can improve and build your credit. Get a
free copy of your credit report.
-- If you own an older car, think about
eliminating collision insurance. Try and
figure out how much collision insurance costs
and how much your car is worth. Is the
insurance worth it?
-- If your child goes to college away from
home, take them off of the policy.
-- Have your child take a defensive driving
course. Many car insurance carriers will offer
a discount for this type of practice.
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