Category Archives: Car Insurance

How to Lower Your Auto Insurance

Car insurance is an expensive business but one that cannot be ignored if you are a car owner. To drive without your vehicle being insured is a crime in almost all states and provinces in North America where the guilty party faces serious penalties and may also lose his or her driving privileges. Nevertheless, it is possible for one to reduce the cost of car insurance by carefully selecting only options that are necessary.

If you happen to drive an older inexpensive car or a car with high mileage, then you may not want to go for the full coverage. Full coverage covers the cost of damage to the other party along with any damage to your car. Other protections under full coverage include theft and vandalism. You could lower your insurance rate if you choose liability only policy. It is always a good idea to select the highest liability coverage. Although this will cost a bit more, it is absolutely essential. Liability is one area where you do not want to cut coverage. Just imagine if you happen to be in an accident where the other party claims bodily injury which could cost hundreds of thousands in medical bills plus unpaid time off from work.

Another smart way to reduce the rate is to bundle your home, life and car insurance together with the same company. In many cases the provider can give you a discount when they manage multiple insurance policies for you. This is because most companies would offer you discount in order to sweeten the deal to acquire more business from you.

Maintaining good driving record is another way to get better rates. Many insurance companies have various programs such as ‘safe driver’ discounts program which can save you money if you have maintained a clean driving record. Therefore, the next time you are about to speed, think about the definite price hike on your auto insurance rate, and that may keep your feet from pressing too hard against the gas pedal.

If you are only using your car for casual driving and are not driving long distances every day, you need to communicate this information to your provider or agent. Rates vary based on how much you drive. The reason for this is that there is more chance of accidents if you happen to be on the road more often than not.

Your car’s safety features can also save you money when applying for insurance. Many providers will lower the rate if your car has safety features such as automatic air bags, anti lock brakes and automatic seat belts. Anti theft devices and alarm systems are also the favorites of insurance companies as they help to keep your car less accident prone as well as they reduce the chance of theft and vandalism. Again make sure that you discuss these features when applying for your car insurance.

Last but not the least; make sure that you get quotes from various different companies as the rate varies largely from one provider to another. Once you have compared all rates and policies, then you can choose the best insurance rate and the best policy that is right for you.


Tips For Saving on Auto Insurance

Paying for auto insurance is not what most people love doing, but it’s something we all need to do. While different states have different minimum requirements when it comes to auto insurance, about every state require car drivers to have some sort of auto insurance coverage, it’s the law.

Auto insurance is expensive, and its price will continue increasing, that’s why I’ve writing this simple guide containing some tips on how to save on auto insurance.

The Car You Drive

The make, model and year of you car is probably the most important factor when it comes to the cost of your car insurance. The best way to start saving money is by using a car that is cheaper to insure! The rule is simple, the newer and more expensive your car is, the more expensive your insurance will be.

Auto Insurance Discounts

As you may already know there are many factors that insurance companies look at when giving you a car insurance quote, but what you may not know is that most insurance providers offer different types of discounts, see if you qualify for any of these and take advantage of it. Here’s a list of some of them:

  • Good Driver – You may qualify for a good driver discount if you haven’t had any accidents or traffic tickets in the past 3 to 5 years, don’t expect this to apply to you automatically, if you haven’t had accidents or tickets in the past 3 to 5 years ask for it!
  • Safe Vehicle – If your car has an alarm, anti-theft system, airbags, ABS, automatic seat belts or other safety features, you may be able to save some money.
  • Military – Military personnel can easily obtain car insurance discounts.
  • Low Mileage – Do you live near work? if you drive short distances to work you can get a discount from your insurance provider, it’s easy, the less you drive the less likely you are to be involved in an accident.
  • Age – Older drivers pay less, as simple as that.
  • Multiple Vehicles – Having multiple vehicles under the same insurance policy can save you money.
  • Multi-Policy Discounts – A good way to save on insurance is to cover all you insurance needs under the same provider, that includes life insurance, home insurance and of course auto insurance.
  • Student Discounts – College graduates can obtain good discounts from most insurance companies.

Your Credit Score

Having a good credit history will not only get you low interest credit cards or loans, but it will also help you to save money on auto insurance.

Shop Around

Another great way of saving on auto insurance is by shopping around, there are many websites out there that allow you to see multiple car insurance quotes instantly, once you find the one that best fits you go can apply right there. By doing this, you may end up saving hundreds or even thousands of dollars a year in auto insurance.


7 Auto Insurance Tips You Should Know

  1. If you have never purchased auto insurance before, do some research, before you sign any kind of a policy. Be sure to understand the coverage, terms and conditions. Remember that there is plenty of help available. If you do not understand terminology, use an insurance term glossary, as you may not fully understand the used terms.
  2. Is the auto insurance company a reputable insurer? Check out the company that you are planning to use. Talk to others. They may have had good or bad experiences. That way you will be able to make a more informed decision.
  3. Weigh the cost of the premiums on your policy against your actual coverage. Are you comfortable with the coverage? Keep in mind that you may add or reduce according to your needs. Find out exactly what kind of rates are being offered by a variety of carriers.
  4. Make certain that the coverage that you choose to invest in, gives you adequate coverage for the full cost of vehicle repair, or replacement if you feel your vehicle has current value worth insuring. If you’re financing or leasing a vehicle, make sure that your requested coverage satisfies your contract.
  5. If you’re eligible for discounts, take advantage of them. Many will skip out on savings which could’ve been adding up over time. Some discounts are automatic and some will require your volunteered notice such as low-jack and driver safety discounts.
  6. Be careful in terms of clauses in your contract. Watch out for excluded drivers and realize that they will not be covered and should not drive your vehicle. You do not want any uncovered losses at a later date.
  7. Find out what you will be required to pay up front in terms of repairs, if you are involved in an accident (deductibles). Will the insurance company assist you in any other way, i.e. in terms of towing, rental car expenses? Some don’t find out that they don’t have a rental car until an accident occurs.

Tips For Saving Money on Antique Auto Insurance

Q: I have a 1928 Ford Model A Roadster which I only drive occasionally. How can I find a good deal on antique auto insurance for the old girl?

A: Finding antique auto insurance used to be more difficult as only certain companies that specialized in antique cars would sell a policy for them. Now, however, many more mainstream companies are writing policies for antique vehicles.

Requesting a quote for an antique vehicle is virtually identical to requesting quotes for other vehicles with one main exception. Many companies will require you to certify that the vehicle in question is not used primarily to transport passengers.

For the vehicle to qualify for the antique vehicle insurance price most companies only want you to be driving it to trade shows, parades, or on special occasions. For instance, a classic car that is used as a daily driver will not usually qualify for the antique auto insurance rate.

The reason for this is that since the insurance companies do not expect the car to be driven all that often the policy will likely cost less than you had imagined.

As we advise when requesting quotes for any type of vehicle be sure to get as many quotes from as many different companies as you can. Compare the coverage limits to what the premiums cost and then you will be able to make a wise choice when shopping for antique auto insurance.

Good luck with your search and remember to take the time to compare quotes from several different companies — you might be surprised at just how much money you can save.


The Cost For an Ideal Car Insurance Cover

It is important to own a car. Consider the stress associated with using public transportation and mobility needed for work, shopping and even to take your kids to school.

The first step here is to get a car for easy movements and then you have to get the car insured for you to have peace of mind using it. The purpose of insuring the car is to protect it from unforeseen disasters like accidents and theft.

There are categories of auto insurance policies, these are: medical, property and liability.

Medical coverage takes care of bodily injury sustained as a result of an accident involving your car. It also takes care of the funeral cost, rehabilitation requirements and lost of wages.

Property coverage takes care of any damage done to your car and the cost of replacement in case your car is stolen.

Liability coverage takes care of damages done to other vehicles in the accident. If your car is at fault then there are legal fees you must pay and will also pay the medical bills of the other parties injured in the accident.

Most standard car insurance providers may also provide coverage for windscreen replacements, locks replacement, new car benefits, motoring protection, breakdown assistance and also provide extended coverage to family members that drive your car.

The best help for easy access and study of vehicle insurance starts online. Get all the quotes you can get from different providers and compare their rates. Note the quality of service you desire and choose your pocket-friendly car insurance deal that satisfies your auto cover needs.


Cheap Auto Insurance Tips And Advice

Most drivers would love to find a cheap auto insurance plan. With the cost of fuel and road tax spiraling upwards on an annual basis, saving money on the cost of insurance is a way to ensure that motoring is still affordable. There are now literally hundreds of insurers we can use, the increase in competition have meant that low cost deals are no longer that difficult to find.

There are various methods you can adopt to help lower the cost of your next premium. The type of policy that you choose will have a major bearing on the overall outlay. The most expensive plan would be termed fully comprehensive. This option would cover you for almost any eventuality, including protecting against costs incurred to damage or injury to other road users. Fully comprehensive policies are best suited to people who have new cars.

The cheapest option would be to sign up for basic liability cover. As the name suggests, basic liability cover is only going to provide a pay-out in a handful of situations. If you have an older vehicle that does not have too great a value, it is an option that would be worth considering.

For some people, the cost of paying twelve months insurance cover in a single installment can be prohibitive. If you are concerned about the outlay, you may find it more desirable to choose a six month policy. Not only would this be cheaper, you may also discover that after half a year has passed, if you have not been involved in any claims, the cost of a new policy becomes less. There is the option of paying for the cover in monthly installments, the downside of this option is that the total expense over a twelve month period is likely to be lot more than if you had made a single payment.

If you belong to a specific demographic group, perhaps you are female or a young driver, there are insurance companies that have been set up solely to cater to customers like you. By choosing one of these firms, the savings that can be had are not inconsiderable. You may also find that a reduction can be had by paying for the plan with a specific credit card, or if you belong to certain professional bodies or organizations.

There are many ways to find cheap auto insurance that will be completely comprehensive in case of an accident. Do not agree to any terms and conditions until you have fully researched all the possible options.


Tips To Find The Best Affordable Auto Insurance

When you’re living on a tight budget, finding the best budget-friendly auto insurance can be very challenging. Nevertheless, there are many ways in which to find a lot of best deals in auto insurance.

Tip 1: Try online auto insurance calculators. A lot of multinational companies like Geico and Progressive have made the search for affordable auto insurance so much easier because of their quotations calculator that cover all of the aspects in an insurance policy. These companies can even give you a comparison of their competitor’s rates.

Tip 2: Avail of special discounts. Initiatives like exemplary driving history, frequent car conditioning or installation of anti-theft devices can also afford the driver additional discount. Good grades for teenagers also equal to discounts. Majority of the states offer these kinds of incentives.

Tip 3: If you have several vehicles, it’s best to get all your insurance from a single company. If you use a single policy for all of your vehicles, be it land or water ones, some insurance companies give you incentives. This is possibly the easiest way for a family to get the best budget-friendly auto insurance especially if they have a lot of vehicles and drivers.

Tip 4: If you are a good driver, try to consider a high deductible. If you opt for a high deductible, the monthly premiums you’ll be paying will be much lower. For the record, a deductible is the cash you have to spend out of your own budget in instances of accidents. If you decide to choose a bigger deductible, you’ll be getting the best affordable auto insurance.

Tip 5: Pay only for what you need. Before you purchase an insurance policy, research about your state laws minimum requirement and just settle for it.

Tip 6: Contact an agent. The best budget-friendly deals in car insurance are always those with the aid of a car insurance agent. It’s best to consult the agent about your preferences and budget, and he’ll be able to assist you with the prices of the insurance policy.


Tips To Help You Get Cheaper Auto Insurance

Right now, you may feel overwhelmed with all of the available car insurance information to sift through. The task may be daunting to you, or you may not be sure where you can obtain the best information about auto insurance. Fortunately, you will find below, the best auto insurance tips available.

Discounts on auto insurance coverage are sometimes offered for low mileage drivers, this is often overlooked. If you only drive a few miles each day to get to work, or if you take public transportation, you will likely qualify for a low mileage discount on your policy. Be sure to ask your agent before you finalize your auto insurance plan.

Look for group discount rates on your auto insurance. If you belong to any kind of trade organization, or have eligibility for group rates through any kind of group, such as your employer, you may be able to get a good discount on your rates. You may need to purchase your insurance through the organization to get the discount, so ask up front.

Check your auto insurance policy for accuracy. Accuracy can help avoid claim denials and maybe save money. Is your home address correct? Vehicle make, model and year? Your estimated yearly mileage can affect your premium, so if you have a short drive to work or work at home, confirm that this is on your policy.

You should not let your insurance coverage lapse. If you are not able to pay for your insurance policy in full, you should call and talk to an agent. If you allow the policy to lapse it is very possible that you will not have coverage should an accident take place. That is a big risk that can be avoided by making a simple phone call.

A great tip for affordable car insurance is to consider the possibility of increasing your deductible. If you have a higher deductible, you will not have to pay as much interest. However, you should make sure you have enough money set aside in case of emergencies before raising your deductible.

If you are a good student who is trying to keep your auto insurance premiums as low as possible, a great tip is to notify your insurance companies of your good grades. Making good grades might can decrease your premiums. This will not apply to all policies, so you will have to check with your insurance company to see if this will apply to you.

Only allow repair companies to use quality parts on your vehicle. Some repair shops will attempt to charge your insurance company for high-priced parts while actually giving you lower quality ones. Double check to make sure you are getting the highest quality parts that go with your vehicle, because that is what the insurance company will be charged for anyway.

Perhaps you cannot afford to pay much for your car insurance, but remember that it is a legal requirement to have insurance in order to drive a car. If you get pulled over and cannot prove that you have auto insurance, you will get a fine. Get an extremely cheap insurance if you need to.

If you are looking for a cheap car insurance policy, then you may want to consider moving to a different city or even a different state. The reason is because different cities and states have different premiums and requirements. Therefore, auto insurance may be cheaper if you move to a different city or state.

You can now feel more knowledgeable, and confident, about your understanding of car insurance. Feel free to access all information available to you.


Tips for Finding Discount Auto Insurance

The search for discount auto insurance is a common chore, especially in today’s economic climate. If you feel you can find cheaper car insurance than what you are paying now, you are most likely correct. Fortunately, there are steps you can take to cut costs on your auto insurance premiums.

Discount Auto Insurance Comes With a Good Driving Record

Step one is to take care of you driving record. Avoiding those speeding tickets is essential. If you have had a few minor moving violations in the past, you can help reduce their effect by taking a driver’s safety or defensive driving course. Keep in mind, the more time you go without a moving violation, the closer you get to a clean driving record. Most car insurance companies go back 3 to 5 years when checking your driving record. Items older than that will generally have no effect on your car insurance rates, unless the offense is serious such as a DUI.

Safety First Attitude Gets You Discount Auto Insurance

Safety is the key to reducing the risk you pose to car insurance companies and thus finding discount auto insurance. You must think of safety when shopping for your vehicle. Choose a vehicle with a high safety rating and that comes with safety features such as dual-side airbags, automatic seatbelts and anti-lock brakes. Also keep in mind that car insurance companies will look at the horsepower of the vehicle and compare that to the age, sex and driving history of the driver. A fast car in the hands of a young driver will mean higher rates, so look for vehicles that auto insurance companies consider less laden with risk.

Research to Find Discount Auto Insurance

You have already begun this process by reading this article, but the more you know about policies and insurance companies, the better your chances of finding the best deal on car insurance. Find out which type of policy is the best fit for your set of circumstances. This will help you save by preventing you from paying for coverage beyond your needs. It is also helpful to know which car insurance companies offer which policies, and which companies have a good reputation for customer and claims service. J.D. Power and Associates is a good resource for insurance company reviews and ratings.


Auto Insurance Tips For Teens

The answer to the query on how to find the best car insurance for drivers remains a mystery to a lot of people. In order to unlock this mystery, this article is created.

Naturally, insurance companies charge a higher premium price to teenagers. If you just knew this, well, here’s some news for you. Insurance companies charge expensive insurances to teens because they see them as part of the group that’s more at risk for road accidents.

But, this concern can still be managed since there are some companies who give discounts to teens. Some of these ways are illustrated below.

Firstly, you must be able to choose an appropriate car. Insurance companies favour teenagers to drive safer cars. This means that it is best to purchase economy or new cars and ward off from the luxury and sports cars. So if you are still going to purchase a car, then you should remember this point.

Also, you can present your exceptional report card to the insurance company. There are so many insurance companies that honor teens who excel in school. They offer this because these companies believe that teenagers who have the high marks are the responsible drivers. To get this insurance discount, you only have to submit your report card to the insurance company.

In addition to all those discussed above, you can must also select wisely the coverage to get. What’s meant by this is that you should only apply for the coverage that you can utilize as a young driver, so you must always check your insurance policy inclusions.

Yet one more way to get cheap car insurance is to use telematics insurance. This method uses a ‘black box’ GPS device that measures factors such as speed and others so that a score will be achieved. The score provided by the device will be the basis for the cost of the premium that the young driver will have to pay the insurance company. So if you are confident about your driving skills, then you should use this kind of insurance.

The safety features present in your car can also save you some cash. This is due to the fact that insurance companies lower your premium when they know that your car is safer to drive because of these devices.

Finally, you can choose to take a driver’s class which could also help lower down your insurance premium.
Now those are the top ways a young driver can do to have budget-friendly insurances.