Decision, Decision, Decision
You can save a bundle by following some simple steps.
Consider raising your deductible. Your "deductible" is the amount that you have to pay when you make a claim before your insurance coverage "begins". For instance, if you have a $200 deductible and a $2,500 claim, you'll pay the first $200 and your insurance carrier pays the next $2,300. Raising your deductible amount means that when you do make a claim, you'll have to ante more of your money. The advantage to you in raising your deductible is that your insurance premium will go down by as much as 20% to 30% on the comprehensive and collision coverage part of your policy. In this way, safe drivers can save a pretty considerable amount of money. Some safe drivers who don't get involved in auto accidents do end up overpaying their insurance premiums. But right now, if you're a safe driver, you can get cheap auto insurance by raising your deductible.
Drop the comprehensive and/or collision coverage on older cars. The rule of thumb is that if your car is worth less than $1,000, you should no longer carry those coverage because you probably pay more deductible and premium than what the car is worth. This way you can get cheap car insurance. Consult the Kerry Blue Book to determine your car's value.
Get a "lower profile" vehicle. The type of car you own, in part determines what your insurance costs are. Some autos are stolen more often than others and some cost more to repair after an accident. Ultimately, these autos are more expensive to insure. The kind of car you drive can have a big effect on your insurance costs. High profile cars (this means both sporty coupes and popular cars preferred by thieves, like Accords
) will earn higher premiums than lower profile sedans and station wagons. So remember that cheap car insurance can come with the kind of car that you drive.
New and expensive cars mean higher collision and comprehensive premiums. Driving an older model can lower your car insurance premium by quite a bit. It's all a matter of preference. Sports car is the rage of the moment and there's no harm in driving one if you can afford the accompanying high insurance premiums but to get cheap car insurance, we sometimes have to alter our preferences.
Before you move, determine out the cost of auto insurance coverage where you're planning on moving to. Believe it or not, the rates vary from place to place, even in your own area.
driver incentives, which can mean a big auto insurance discount. Drivers with no points in the last three years qualify for much lower car insurance rates. Having cheap car insurance depends a lot on your choices behind the wheel. There's good reason for this. For every speeding ticket you get within one year, your chances of being at fault in a motor vehicle rise dramatically. (We're talking almost 100% per ticket.) So slow down! The less you drive the less you pay, too. If you can carpool or use public transit to and from work, your rate will go down. Lower your mileage and you'll lower your premium.
If you have kids who drive, it might be harder to have cheap car insurance. But teenage drivers who are good students, or who drive older model cars, may earn you an auto insurance discount. And college kids who attend school more than 100 miles away from home might qualify too.
But wait, there's a different kind of insurance out there. You could save $500 with
Here's A Sure Way to Find Cheap Car Insurance
How it Works:
Discount Auto Insurance
Teen Driving Tips
When Buying a New Car: Foolproof Ways To Get The Best Deals...
Step #1: First Things First.
Step #2: These Websites Will Give You Unbelievable Saving$$.
Step #3: More Car Buying Guide for Painless Car Buying.
Step #4: A Checklist Before You Finally Go To A Car Dealer.
Step #5: It's Time To Make An Offer That The Dealer Can't Refuse.
Step #6: Before You Buy, Consider This.
Step #7: You're About To Finalize The Deal - A Word Of Caution!
When Buying a Used Car: Knowledge is Power...
Step #1: Know Where To Buy.
Step #2: Alternative Ways To Find Used Cars.
Step #3: Effective Steps in Finding Reliable Used Cars.
Step #4: Follow These Steps For A Trouble-Free Used Car.
Step #5: Do These Things To Effectively Deal With The Dealer Or Individual Seller.
Step #6: How To Haggle With A Used Car Dealer Or An Individual Seller.
Step #7: Find Out How To Get The Best Used Cars in the Market.