Auto Insurance Rates -- To Save Massively, Apply These

We all want a very low rate if it comes with sufficient coverage. But in what ways can this happen? Let's discuss some time-tested steps to getting just that...

1. The difference in the cost of insuring similar cars could be massive. Therefore, have this on your mind when you are ready to buy your next car. Avoid any car that has a high theft rate and/or a bad crash rating.

Furthermore, vehicles that generally cost more to repair also cost more to insure. I don't know about you; but it does make sense to choose a comparable car that is more insurance-friendly.

Insurance Quotes

2. You will pay less if your car is considered to have a higher safety rating. Go for cars that have features that increase safety. Such features attract a big discount. Examples of such safety devices are air bags, automatic seatbelt, ABS brakes and daytime running lights. For more details on these and how much savings you'll realize by having them, consult your agent.

3. It's a known fact that young drivers attract high rates. Worse still, if they are teenagers their auto insurance rates could be really high.

This means that you'll help keep your rates down if you do NOT have a teen driver on your policy. It will drive it up by a huge margin. Sign an exclusion form that will allow your teen driver have his or her own policy.

It's a fair price for them to pay to enjoy the adult privilege of driving. An addition argument in favor of this is that your teen will be more willing to take measures to reduce what he or she pays. The full implication of this is that your teen will be a lot safer as they'd do their best to avoid inflating their rates.

Cheapest Car Insurance

4. Insurers give give customers who have remained loyal a long term discount and accident forgiveness. Most insurers will give you a discount of about 5% if you stay with them for up to five years (some will give you once you stay for up to three.

Most insurers will also not raise the rates of a long standing policy holder if they make only just one claim. It makes sense for the insurer as it is cheaper to give discounts to existing policy holders than to acquire new ones.

Just bear in mind that some people will be better off if they switched to another insurer notwithstanding the many discounts given to long term policy holders.

If your auto insurance premium is $2,500 and you get a 5% discount when you stay for up to five years you'll pay $2,500 - (5% of $2,500 or $125) = $2,375.

But we can almost say with a level of assurance that due to inflation your premium might not remain the same. But while you're at it, an insurer somewhere may be ready to give you a rate of $2,000 or less at the moment. If this is correct about you then you know it's wise for you to go for the more affordable offer right away and not wait for years to qualify for a discount that won't even save you as much.

And, in most cases, most folks will easily pay a lot less than they are presently on auto insurance if they do extensive shopping.. Since the process of obtaining and comparing auto insurance quotes involves just minutes, I'll wonder why you won't do that instantly and get more affordable auto insurance rates immediately.

5. There are course that are set up to improve your driving. Participate in them. In addition to the fact that such programs will improve your driving, they'll show your insurer that you're taking active steps to make yourself a better risk.

6. Before you get carried away with the few hundreds you will save on a house, check if it will not cost you much more in auto insurance. Homes in the same neighborhood may fall under different risk zones as far as your insurer is concerned.

So, as part of your home shopping activities, check how this neighborhood will affect your auto insurance rate. This doesn't come readily to mind when you're shopping for a new home. Does it?

But think about it: If your new zip code adds up to $300 to your annual auto insurance rate, how much would that amount to at the end of your 30-year mortgage?

Budget Car Insurance

7. As an under twenty five, you can pay cheaper car insurance premiums if you use your parents' policy. If you're of driving age, then your parents certainly are far above twenty five years which means they're lower risk drivers.

To take advantage of this though, you will have to live with your parents and also have the car registered in their name. This means that they legally own the vehicle. If the benefits of "independence" outweigh your auto insurance savings then this is certainly not alternative for you.

8. Visit not less than five insurance quotes sites. Visiting not less than five quotes sites increase the chances that you'd receive better auto insurance quotes. This is because insurers not covered by one site will be represented by another.

Moreover, you should understand that because your chances of receiving lower auto insurance quotes has to do with the number of quotes you get, the more insurers you obtain quotes from, the better your chances will be.

Requesting for your auto insurance quotes online will help you save a bundle if you invest just 25 minutes to get quotes from at least five sites.

Get Cheap Auto Insurance Quotes And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!