How Do I Lower My Auto Insurance Rates?
Since there are many factors that go into determining your auto insurance rates, there are many chances to lower your rates.
If you change jobs and your drive to work changes or you stop working or you work from home, you should contact your insurance company.
If you have a teen driver and they go to school over 100 miles away without a car then you should be able to get a discount.
If you get married and are in your teens or twenties call your insurance company and see about combining your policies.
Take defensive driving if your state allows it for a discount.
See if increasing your comprehsive and collision deductibles will save you a lot of money. You need to compare what you're saving and how much more you will have to pay if you file a claim. For example, if you go from $500 to a $1000 deductible and it lowers your insurance $50 per 6 months then it saves you $100 a year.
It will take you 5 years to break even from what you are saving compared to how much more you have to pay.
Now, if it saves you $250 every six months then it would be more worth your while.
See if combining your auto and home insurance polices will qualify for a multi policy discount with your current company. This could be a substantial discount.
One of the biggest ways you could save $200-$500 or more a year is shopping around for insurance. The auto insurance industry is very competitive and this is great news for smart consumers like yourself. Shop for auto insurance quotes here and see how much you can save.
A. Chris Tijerina has over 3 years of experience in the auto insurance industry and has seen many different people deal with auto insurance related problems. http://www.insurance-for-cars.com answers many of the questions facing drivers today.
Latest News
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CURE Auto Insurance Announces the Launch of a Revolutionary ... MarketWatch - PHILADELPHIA, Dec 02, 2008 (BUSINESS WIRE) -- Representatives of CURE Auto Insurance announced the availability of a revolutionary new alternative in auto ... New car insurer in Pa. denounces ‘unfair’ practices |
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FHA Insurance Fund Has Fallen 39 Percent Washington Post, United States - Instead, FHA borrowers pay premiums into an insurance fund to cover defaults and foreclosures. As of Sept. 30, that fund had an estimated $12.9 billion, ... |
![]() The Money Times | Affordable Health Insurance: A Memo to Obama Spero News - If you already have insurance, the only thing that will change under my plan is that we will lower premiums. If you don't have health insurance, ... Insurance Industry Releases Their Plan - Will The Media Question It? Medicare waste Sorting Out Health Cards and Insurance in Canada |
Chaney sees gains for Miss. insurance markets since 2007 SmartBrief, DC - Mississippi Insurance Commissioner Mike Chaney applauds the progress his state has made since 2007 in rebuilding insurance markets devastated by Hurricanes ... Some say "crash taxes" can add insult to injury Fewer workplace deaths seen in Virginia for 2007 Texas Supreme Court to rule on policy exclusion case |
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