Car Insurance Rates -- To Save Massively, Apply These

We all will be happy to get a very affordable rate provided it comes with sufficient coverage. But how can this happen? Let's explore a number of sure-fire steps to achieving just that...

1. The difference in what it will cost you to insure similar vehicles could be very huge. So have this at the back of your mind when you are ready to buy your next car. Avoid any car that has a high theft rate and/or a bad crash rating.

Also, vehicles that generally cost more to maintain also cost more to insure. Asking the right questions will help you avoid expensive-to-insure cars and attract lower rates.

Insurance Quotes

2. You will pay less if your vehicle has a higher safety rating. Does your car have built-in safety features? They will make you eligible for a Safe Car Discount. Examples of these safety devices are air bags, automatic seatbelt, ABS brakes and daytime running lights.

3. Young drivers are statistically very bad risks. Even in this age bracket, a 23-year old driver will pay much less than a 17 year old all other things being equal.

So you'll do well to NOT place your teenage driver on your policy. It will have an adverse effect on your rate. Your teen driver should have his/her own policy. This will be made possible if you sign an exclusion form.

If a teen is keen on driving then then should be made responsible for at least the cost of their auto insurance. An addition argument in favor of this is that your teen will be more willing to take measures to reduce what he or she pays. This by extension means that such a teen driver will be more responsible behind wheels since they bear the full cost of their actions.

Car Insurance For Woman

4. You'll save by being loyal to an insurer due to the long term discount and accident forgiveness which they give to long-standing policy holders. 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.

Most insurers will also not raise the rates of a long standing policy holder if they make only just one claim. Insurers offer these as incentives to keep you with them since it serves them better too.

However, what you may save by switching to another insurer might far outweigh all the incentives you'll get depending on what your rates are and how much another insurer is ready to offer.

Assuming your auto insurance premium is $2,500 and you get a five percent discount when you stay for up to 5 years you'll pay $2,500 - (5% of $2,500 or $125) = $2,375.

However, because of inflation, insurers may have to re-adjust their rates to show such changes. Between these 3 years you would most likely get an insurer who will give you the same auto insurance coverage or better for under $2,000. Then it won't be wise to stay put because you want to become eligible for a discount down the road knowing that the expected discount is less than savings you will get immediately if you switch.

But believe it or not, most folks can pay far less with another insurance company if they will only take the time to shop properly.. You can only be sure if this is true in your case after you get and compare quotes from many different auto insurance companies and then see where you'll gain more..

5. There are course that are designed to make you a better driver. Participate in them. In addition to making you a better driver, such programs will qualify you for a discount with your insurance carrier provided such a class is recognized by them.

6. It's easy to save a few hundred dollars on a home but lose thousands over the years on auto insurance because of its location. 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. I know: That isn't usually an issue when you're looking for a home but it's really important.

Remember, you might live in this home for up to 20 years or more. If its location makes you pay up to $200 more in premium, that will add up to $4,000 within that time frame.

Car Insurance For Woman

7. A good alternative for you is to use your parents' car insurance policy. If you are of driving age, then your parents certainly are far above 25 years which means they're better risk drivers.

To take advantage of this though, you will have to live with your parents and also have the vehicle registered in their name. If you don't like the idea of giving the car's ownership to them and other stuff that may be attached to that, then you will have to forget this option.

8. You can get lower quotes on auto insurance now by visiting at least five insurance quotes sites. Each quotes site will take you about 5 minutes or less to request quotes. (Some folks present information that are not quite correct about themselves. That isn't smart as the quotes you'll get this way won't do you any good).

You'll have to choose what represents the best auto insurance quote for you from the list of quotes you've obtained. It's as simple as that. But you could easily save hundreds of dollars.

Lower your cheap car insurance rate Now!
Get for much less no-duty cheap car insurance premium Now and Save