Auto insurance rates that you pay for your
vehicles can vary dramatically depending on the
insurance company you choose. Auto insurance
coverage is not the same for all vehicles it all
depends on the kind of vehicle you drive the
year etc. There are a number of things that you
can do to lower your insurance costs.
AUTO
INSURANCE COMPARISON SHOPPING.
Prices for the same coverage can vary by
hundreds of dollars, so it pays to shop around.
Even if you already have insurance ask your friends, check the yellow pages or call
your state insurance department (phone numbers
are on back page) to try to find lower rates
and/or better services, then you can decide whether
to change insurance company's. You can also check consumer
guides, insurance agents or companies. This will
give you an idea of price ranges and tell you
which companies or agents have the lowest
prices. But don't shop price alone.
The insurer you select should offer both fair
prices and excellent service. Quality personal
service may cost a bit more, but provides added
conveniences, so talk to a number of insurers to
get a feeling for the quality of their service.
Ask them what they would do to lower your costs.
Check the financial ratings of the companies
too. Then, when you've narrowed the field to
three insurers, get price quotes.
AUTO
INSURANCE DEDUCTIBLES.
Deductibles is the amount of money you pay
before you make a claim. By requesting a higher
deductible on collision and comprehensive (fire
and theft) coverage, you can lower your auto
insurance costs substantially. Just ask the
insurance company for the rates.
If you have ample health insurance, you may
be paying for duplicate medical coverage in your
auto policy. In some states, eliminating this
coverage could lower your personal injury
protection cost.
Car insurance
costs are usually lower in rural areas and
higher in major cities where there is more
traffic and congestion. Consider the area you
live in when making a move.
Some insurance companies offer discounts to
motorists who drive fewer than a specific number
of miles back and forth to work. Some company's
also offer discounts for more than one car, no
accidents in the past three years, drivers over
the age of 50, driver training courses, anti
theft devices and anti lock brakes good grades
for students should also provide you savings.
