Your auto insurance premium is based on a variety of both controllable and uncontrollable factors. From your age, marital dwelling, and driving record to the type of car you drive and where you drive it, there are many different factors that determine how much you will pay for auto insurance. Cheap auto insurance can be obtained just by changing a few factors in your policy. Cheap car insurance rates do not mean that you have cheap coverage–just that you have the amount of coverage that is notable and you are saving money! Here are some steps that you can take today to lower your auto insurance premiums so that you too can have cheap auto insurance!
Cheap Auto Insurance Premiums Step 1: If you do not already have a theft device on your vehicle then this is a astronomical way to net a lower insurance premium. Not only will your car be safer from thieves but your insurance company will immediately reward you for having an anti-theft or a theft deterrent system installed on the car. Many cars already come with alarms and other various theft deterrent systems today but if your vehicle doesn’t have one then this is something that you can easily do and it will succor you in more than one way. Cheap auto insurance rates are based on the likelihood of your vehicle being stolen and if you have a theft deterrent system the chances of your car being stolen are greatly decreased.
Cheap Auto Insurance Premiums Step 2: Policy changes can have an impact on whether or not you get a cheap auto insurance rate or not. For instance, you can call the insurer up and change the amount of coverage you have for certain services such as medical payments or liability and these changes will usually lower your car insurance significantly. Other changes that you can lickety-split make to your policy over the phone to get a cheap car insurance rate include changing the amount of your deductibles from low or no deductibles to a higher amount such as $1000 or more. Just make sure that you always have enough money in the bank to cover the deductible because in the event that you do have an accident you will need to have the deductible in order to get your vehicle fixed!
Cheap Auto Insurance Premiums Step 3: Changing the way that you make your payments will sometimes get you a huge car insurance discount. Many insurance companies offer lower car insurance rates to individuals who have their payments automatically drafted from their credit card or bank accounts when the payment is due. You can call your insurance company and ask if you will get a cheaper rate for changing the way that you make your payments. In addition to saving money on envelopes and stamps, you will likely save up to 20% on you car insurance too!
Cheap Auto Insurance Premiums Step 4: Combining your insurance policies or getting a policy for more than one vehicle will usually afford you a discount. Cheap car insurance premiums will often go up if you bewitch an additional vehicle off of the policy and these same premiums usually go down with the addition of a vehicle. If you have more than one vehicle then it makes sense not to have more than one auto insurance policy because it will keep you money. You can also look into adding other insurance policies with the same company to get a discount on your auto insurance. Homeowner’s Insurance, Renter’s Insurance, ATV insurance, health insurance, life insurance–the list goes on and on and if you combine your policies with the same company you will usually see indispensable savings on your car insurance policy.
Cheap Auto Insurance Premiums Step 5: Finally, shopping around is by far one of the best ways that you can get cheap car insurance. You can’t just take the first policy based on having received one quote. Often times the rates from one company to another are so significantly different that you would think they were based on different vehicles or a totally different driver. You must shop around for auto insurance and you should also try to go with a company that will offer an annual policy rather than a 6 month term because annual policies tend to be cheaper. Throw in a defensive driving course before you get your next insurance policy and you will find yourself with even more cheap car insurance offers than before!
Filed under Cheap Automobile Insurance by on Mar 14th, 2011. Comment. 
Cheap auto insurance can cost you a bundle if you don't sustain a few crucial tips in mind. You have to do your homework to ensure that you understand the fine print – especially if you have a teenager on the verge of discovering the joys and freedom of driving. You don't want to discover too late that your cheap auto insurance policy doesn't provide coverage for a young driver…
It is an unfortunate fact that teenagers cause a spike in claim rates. Research has shown their accident rate to be up to ten times as high as that of older, more experienced drivers. This high risk group has a direct effect on quotes. The premium can almost double in some instances. Fortunately there are ways to soften the blow as far as your cheap auto insurance package is concerned.
1. Type Of Vehicle: While choosing a low risk vehicle for your teen may have you out of the running as far as the popularity contest is concerned, it will affect your insurance quote significantly. Companies frown on an expensive, fast sports car with a teenager slack the wheel. Don't dangle temptation in front of your teen. Choose that older, heavier car and you will qualify for a remarkable lower premium, as well as a measure of peace of mind. Get a list of the no-go wheels from your insurer.
2. Driving History: Try to get your teen to understand that their driving history is unprejudiced as critical as their credit history. Avoiding a dim mark in any shape or form is considerable. Don't claim for small mishaps. Tickets for speeding are a no-no.
Passing a course at a reputable driving school will also enable your carrier to see the teen as less of a risk. Why not join your child in a Defensive Driver Program, in order to qualify for a cheap auto insurance discount? This will equip both of you to cut the risk of rear-end crashes, while teaching you and your teen to use emergency brake procedures correctly, to use safe following distances, and to drive safely in rank weather.
Expecting your teen carry his or her fragment of the coverage is a grand way to create a careful driver and teach responsibility.
3. Avoid Distractions: Teach your teen to concentrate on driving and driving alone when in the car. No distractions are allowed. No cell phone calls. No fooling around with passengers. In fact, putting restrictions on carrying passengers during the first year or so of driving is probably sensible and can help to gather you cheap auto insurance. In some states teens are now barred from carrying more than one passenger. It has been proven that having three or more passengers makes the driver up to three times as likely to be fervent in an accident. The recent laws also prohibit driving during the dangerous behind night and early morning period. This already seems to have a beneficial effect on premiums.
4. Seat Belt Safety: Seat belt use is without seek information from one of the most vital aspects of driving. Your teen must know that his wheels will be confiscated if he ever drives without wearing a seat belt. This also applies to passengers. By signing a seat belt wearing undertaking, you may increase your chances of landing cheap auto insurance.
5. You Are The Role Model: Remember that you are your teen's role model when it comes to driving. If you don't stick to the rules, you can't request your kids to do so. Your example over the years will play an important role in the way they approach their own driving later on.
6. Change Driver Status: Your teen may qualify to be an occasional driver, which will draw a lower premium. At first it will also be less expensive to have teens covered under your personal protection plan. They can change to their own plan later on, once they have established some sort of record.
7. Liability Coverage: Never, ever try to save on liability coverage when taking out cheap auto insurance. This is absolutely vital. If at all possible get a comprehensive umbrella policy. This will give you a huge cushion in case of a serious accident. It is fantastic how costs can add up if such an unfortunate incident occurs.
8. Win Good Grades: A number of companies allow generous discounts of up to 25% for good grades! Make a B average or higher a provision for allowing your teen on the road.
9. Company Car: If you have your enjoy business, your teen may be able to use the company car without you
being slapped with a higher premium. Investigate this possibility.
10. Carry-Over From Your Teen: An important fact that is often overlooked is that your teen's carelessness or dangerous behavior may bump you into the high risk category with sky-high premiums! Your kid has to understand that his or her driving record is serious business, likely to affect the whole family. If not handled with responsibility, it may void your chances of ever getting cheap auto insurance.
Filed under Cheap Automobile Insurance by on Feb 22nd, 2011. Comment.
The trick I am about to tell you only applies to a married couple and before I tell you it I am going to tell you a little bit about my driving record.
My diving describe is not the worst, but it is not good either. I do not have any DUI’s, hit and runs, or any accidents for that matter, but I have a lot of speeding tickets. I have so many speeding tickets that I lost my license for over 4 years in total. Mind you that I am only 23. That means that I had my license suspended or revoked longer than I had it.
My wife’s relate on the other hand is impeccable. She has no speeding tickets or any moving violations. Also she had been with her previous insurance for more than 5 years.
Why did I tell you all this, well it helps to set the tone for the surprising realization of how the insurance is calculated on Esurance.
Before I married my wife I had recently gotten my license back and bought myself a car. In need of insurance I decided to pick Esurance as my provider after checking others and their rates. After doing so my monthly insurance premium was $177.00 for full coverage on newer Ford Focus.
Once we were married I decided to add my wife to my policy and naturally it went up. We both have newer cars so at most I was thinking it would be just under double. That would about be about $280-300 a month and yes that was the monthly total. Truth be told this was too much for us to bear.
Here is where the interesting allotment comes in. Because I was trying to fetch my case that Esurance was cheaper than her American Family Insurance, I created an account with just her and her car. When compared to her current monthly premium she was saving about 40 a month.
But then curiosity got the better of me. I asked myself “what would happen if she was the primary and then added my record to hers”?
There are only two possible options. Either that it would be the same as the $280-$300 amount or it would be different. And to my unjustified amazement it was different. The monthly premium came to $150 a month for the two cars with full coverage.
If you were keeping track that is less than what I paid alone for objective my car.
The trick is to make definite the one with the best driving recount effect up first and made to be the famous and then add on all the other drivers.
For some reason I was thinking that since we were married we would get the same insurance premium either way it was done, but from my real life case study it is definitely not the case.
Filed under Cheap Automobile Insurance by on Feb 17th, 2011. Comment.
I absolutely loathe paying for car insurance. Unfortunately, it is something that every driver must have. Even if you don’t care about your safety or the safety of others, the law still requires that you must have car insurance in order to drive. I also abhor insurance salesman. I always feel like they’re trying to gain me to purchase the most expensive policy, which I’m obvious they are. That is why I expend Progressive for my auto insurance.
I used to spend hundreds of dollars a month on auto insurance. I felt like I could barely afford it. Then I discovered Progressive. Progressive makes it so easy to purchase and pay for car insurance. You can do everything directly from their website. You never even have to grunt to a sales person. In fact, you never have to speak to anyone from the company. You can literally do it all online.
Every six-months I go to the Progressive website, enter in my personal information, and create my have custom insurance policy. Now I only pay $100 a month for car insurance. Every month Progressive automatically deducts my monthly payment, so I never have to worry about paying on time as long as I have money in my checking account. Progressive will also allow you to pay for multiple months in advance at a discounted rate. For example, if I paid for all six-months of my policy at once, instead of paying $100 per month, it would only cost $549.
Progressive will insure just about anyone, too. A few of years ago I was dropped from State Farm insurance because I was in a couple car accidents (isn’t that why I pay for car insurance?!). Well, I had a lot of trouble trying to find a recent insurance company. Most companies wouldn’t insure me because I was dropped from my previous company. When I went to the Progressive website, I didn’t have any problems. I did have to pay a slightly higher rate for my first six-months, but after that my rate went encourage down. One time I was even dropped from progressive because I missed a payment (I wasn’t using direct deposit then), but I just went back to the website and signed up again.
No matter what insurance company you are using, you should switch over to Progressive. They compose everything so easy and affordable. Even if you are completely content with your insurance company, you should at least go to the Progressive website and win a free quote. I’m definite it will probably be a lot less than what you are paying.
Filed under Cheap Automobile Insurance by on Dec 15th, 2010. Comment.
