Automobile Insurance Rates -- To Save Much, Apply These

Everyone out there would be really pleased to discover a way of enjoying cheaper rates provided such a way does not downgrade the level of coverage they enjoy. Here are tips that will help you get big discounts without difficulty...

1. The difference in what it will cost you to insure comparably priced cars could be much. It will do you a world of good if you get advice from your agent before choosing your next vehicle. A comparable car that has a poor crash rating and higher theft rate will cost a lot more to insure.

Furthermore, it will also take much more to insure a car that costs a lot to fix or maintain. With such diligence you can avoid buying a car that will cost you much in higher rates over a few years.

Insurance Quote

2. You will spend less on auto insurance if your car is considered to have a higher safety rating. Does your car have built-in safety mechanisms? You'll be eligible for a Safe Car discount if your vehicle has such mechanisms.

3. It's a known fact that young drivers attract high rates. Even in this age bracket, a 23-year old driver will pay much less than a 17 year old all other things being equal.

Therefore, as much as possible, do not place such a driver on your own policy. You'll be made to pay very high rates if you do otherwise. Sign an exclusion form that will allow your teen driver have his or her own policy.

Let your teen bear the responsibility of paying for their auto insurance. This act will save you more than money as your teen driver will happily listen when suggestions are made on things that will bring down the high rates they pay. Your teen will also be safer as the steps that will bring down his/her rates will make her a more responsible behind wheels.

Cheap Auto Insurance

4. The longer you stick with the same insurer the more you stand to gain for two reasons: The long term discount and accident forgiveness. Some insurers will give you up to 5% in discounts once you've been with them for up to three years while others will give you such a discount only when you've stayed for up to five.

Furthermore, if a long term policy holder files just one claim, most insurers will NOT raise their rates thereafter. These are all incentives for you to stay with them for as long as possible.

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.

Let us assume your auto insurance premium with your current insurance provider is $2,500 you'll get a discount of about five percent or $125 if you continue from3 years and above.

But we can almost say with some assurance that due to inflation your rate would most likely not stay the same. Within the course of these 3 years you might get an insurer who will give you a similar auto insurance coverage or better for less than $2,000. In such a case, it will be pointless to stay put because you are after a loyalty discount down the line when you can enjoy lower rates immediately.

You'll most likely pay less if you take the time to shop right because there are hundreds of auto insurance companies around. Considering that the process of obtaining and comparing auto insurance quotes involves just minutes, I'll wonder why you won't do that instantly and get cheaper auto insurance rates immediately.

5. Complete a defensive driving program. Apart from the fact that they will improve your driving, they will 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. Do you know also know that homes within the same neighbor might actually fall into different risk zones according to the insurance industry's mapping?

So, as part of your home shopping activities, check how this neighborhood will affect your auto insurance rate. The truth is that most people don't think about this when they are about buying a home.

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?

Auto Insurance Quotes

7. As an under twenty five, you can pay cheaper car insurance premiums if you use your parents' policy. Your parents certainly belong to a better risk age bracket.

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 by law they own the car. If the benefits of "independence" outweigh your car insurance savings then this is certainly not alternative for you.

8. Visit at least five insurance quotes sites. Requesting quotes from at least five quotes sites raise the chances that you'd receive cheaper auto insurance quotes. This is because insurance companies not represented by one site will be represented by another.

And, you should understand that since the likelihood of getting lower auto insurance quotes has to do with the range of quotes you receive, the more insurance companies you get quotes from, the higher your chances will be.

Obtaining your auto insurance quotes online will help you save far more if you invest around 25 minutes to ask for quotes from not less than five insurance quotes sites.

Get Affordable Auto Insurance Now
Get Auto Insurance Quotes Now!