Car Insurance Quotes – Lower Your Insurance Costs
Car Insurance Quotes – Lower Your Insurance Costs
Quick Car Insurance Quote – Find the cheapest car insurance quote online
In this article I’m going to teach you all the different ways you can lower your car insurance.
You only have to use my methods once. After that your auto insurance payments have been lowered and will continue to be so year after year.Here is what you will learnThe best way to lower your auto insurance.
How you can lower your insurance by up to 70%.
The fastest way to cut of up to $800 per year in minutes.
The reason auto insurance prices keep rising even though you have a near perfect record.
The exemption that will make your insurer lower your premium costs dramatically.
The one thing that will make you car insurance cheaper when the insurance companies decide what to charge you.
Where you park your car matters.Auto insurance quote introduction
Insurance rates have been on the rise for the last couple of years. Even people who have been driving many years with perfect records have been feeling this. The auto insurance companies have making bad investments just like everybody else. Of course they don’t want to pay this loss themselves, so they are forwarding it to the insurance paying public.
Auto insurance is all about risk. The insurance company puts you into to a price group that fits the risk the think you are to them. This risk is determined by many things. Your driving record, your age, where you live, what kind of car you drive, what gender you are. When you buy an insurance policy, you are accepting to pay a small premium to insure you from a possible big loss. The less likely it is that the insurance company will ever have to pay and the less money they would have to pay, the lower your insurance costs will be.
My top ways to get cheaper auto insurance1. Get multiple quotes
I’m amazed by how many people are just settling for what ever price their insurance gave them. This is the biggest mistake there is. The reason most people do this is because their are lazy and don’t want the spend the time they think it takes to get multiple quotes.
Getting multiple quotes will save you a small fortune. It can be done in minutes. But I will get to than in a minute.
Auto insurance companies have different ways to measure how much risk you bring them. This means that the same insurance product can result in very different prices from the different insurance companies. I most cases the price difference is around $400 from the most expensive to the least expensive. In the extreme cases the difference can get close to $1000.
Another reason the quotes from companies can be so different is that they have other corporate strategies. One company may be more interested in home insurance, health insurance than auto insurance. This always results in them having higher prices than a company who’s number one strategy is auto insurance.
Nowadays it is much easier and faster to get multiple quotes.
The reason: The Internet. Today you can get quotes from all the companies you normally would have to call in minutes. On top of that you can get quotes from the companies you didn’t even know existed. There are many insurance companies that do all their business online. This means they have lower costs than regular insurance companies and therefor can provide you with the same insurance at a lower price. Many of the bigger companies will offer you discounts of up to 50% if you only deal with them online.2. Make Your Deductible higher
Many people have very low deductibles. They simple don’t want to pay any money if they get into an accident. This is understandable, but it is the wrong way to pay for auto insurance. When you choose a low deductible you automatically choose a high premium. Lets say you get into an accident where the damages are only around $1000 (Most accidents are small). If you have no deductible you don’t have to pay right? Wrong. When you tell your insurance company that you were in an accident and they have to pay $1000, they will automatically raise you insurance costs. So in the end you end up paying more than the $1000. If your deductible was higher, you would have to pay for the accident yourself (because it was a small accident that only had $1000 worth of damages), but the insurance company would not raise your insurance costs. The more you are willing to pay in the event of an accident the lower your premium will be.3. No-Claims Record
If you have had insurance for a while, but have never made any claims, you have a perfect no-claims record. This record will give you big discounts. Insurance companies reward a no-claim record by taking up to 70% of the premium. This record is worth protecting. If you change insurance company, make sure they know about your no-claims record.
Most insurance companies have the option to add an “accident forgiveness” addendum to your policy. This means that if you cause an accident, they will not delete your perfect record. If you were rated with 6 stars, they might bring you down to 5 stars instead of setting you all the way back to zero stars. This will prevent your insurance cost from going up in the event of an accident. In most cases this “accident forgiveness” comes with a very reasonable fee.4. Lower Your Cover
Most states have a minimum requirement of auto insurance. This minimum mandates that you are insured for any damage you cause other people or their property in the event of an accident. Most people also include protection against theft and fire to their own vehicles as well. I don’t recommend only having the liability coverage, but I also don’t recommend having too much cover. Having too much cover has the following drawbacks. 
It costs a lot more than the minimum cover.
If your car gets destroyed the insurance company will only pay you what their think your car is worth. If your car is an older model and has low value, a comprehensive cover might not actually be worth paying extra. You might just end up paying for nothing.
Parking
If you live in an area with a history of higher insurance claims, the insurance premiums will be higher in that area. The history of higher claims could be the result of a higher crime-rate which makes the risk of your car getting stolen higher. This can be fixed. If you park your car in a garage or another secure location that will make the risk of theft lower, your insurance company will reduce the cost of your premium because you pose a smaller risk to them.
No High-Risk Drivers
You can have a number of people insured under the same policy. This is less expensive than having multiple insurances. If you add people the insurance company considers low-risk, your premium will not go up by much. If you add high-risk drives to your insurance policy you premiums will go up by a lot. If one of the drivers get into an accident in your car it will make your insurance cost more. This is also the case if you were not in the car at the time of the accident.Tags:auto insurance estimates, cheap high risk auto insurance, high risk automobile insurance, Quick Car Insurance Quotes
