Monthly Archives: July 2016

Free Money Saving Auto Insurance Tips

Our money saving auto insurance tips were written for one reason – To Save You Money on your next auto insurance policy. Since in most states you are required by law to purchase a minimum amount of liability coverage we’ve looked for ways to save you money. Additionally many people want more than just the bare minimum in order to provide themselves with adequate protection.

The top two biggest money saving auto insurance tips are to first shop around. There are numerous providers of insurance and generally speaking you can save a great deal of money on your policy if you take the time to find the right provider.

The second biggest tip to lower your rates is to simply raise your deductable. In some cases you can reduce your annual premium by 10 percent or more if you increase your deductible by a few hundred dollars. USE CAUTION HERE: You want to make sure you can actually afford the amount that you raise your deductible to or you’re no better off then before.

Additional tips include eliminating certain types of coverage from your current policy and reducing the amount of coverage you currently have. Generally this is up to each individual based on their needs, wants and desires. You may want to consult an insurance agent before making any drastic changes to your current policy.

Other factors raising the cost of your policy include the amount of mileage you drive annually and the type of vehicle you own and operate.

Did you also know that where you live can determine rates and keeping your car in a garage can lower your rates. Cars parked in garages are less likely to be stolen, vandalized, or struck by other vehicles. Using a garage to store your car may entitle you to a slight premium reduction.

If you have multiple cars and drivers then you could qualify for a multifamily discount. Sometimes your children’s insurance premium can be lowered based on their school grade point average.

Other discounts may be available if you meet certain criteria. Examples may include discounts for taking a defensive driving course, being a AAA member or staying with the same auto insurance company for a number of years. These discounts vary by company.

Finally try using an anti-theft device. This helps to reduce your insurance cost.

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Auto Insurance Tips

When it comes to getting auto insurance, most people are often left disappointed by the fact that they cannot seem to find one that suits their needs and budget perfectly. After all, these policies are not exactly cheap. But all of that aside, did you know that there are many different things that are taken into consideration when it comes to your premium? As a matter of fact, some of these things wouldn’t really stand out to you but they mean a lot to the company who is going to insure you. Factors such as the area in which you live, your age, your gender, the type of car that you drive and the kind of driver that you are will all be taken into context when it comes to the amount you need to pay for your automobile insurance.

It sounds daunting, right? Well, not quite. There are certain things that you can do which should help lower the amount you need to pay. To help you out, here are some PA auto insurance tips.

1. Take the time to shop around. Yes, just like buying the car itself. Doing this would allow you to see the different services that various insurance companies have on offer. Create a short list of the ones that you’re interested in and suits your needs the best. Once you have this list, it’s time you get insurance quotes. From these quotes, you would be able to tell which ones you can afford and which ones you cannot. Needless to say, you are filtering out the good options from the ones that you can’t afford.

2. Do think about increasing your deductible. Basically, having to pay a higher deductible could actually help lower the premiums you have to pay on your auto insurance. For this, it would be wise to assess your finances in order to see just how large of a deductible you can go with without having to go into debt.

3. Always maintain a good credit score. Did you know that people who have good credit scores also tend to get better deals when it comes to auto insurance? As a matter of fact, they sometimes even get special discounts and incentives. Why? Because having a good credit score basically makes them low risk clients and in the insurance world, low risk means better deals.

4. Become more environmentally friendly. Now, this might seem a little odd to you but think of it in relation to the kind of vehicle that you drive. There are insurance companies that actually give better rates to people who drive green cars. So do think about getting a hybrid instead of a gas guzzling SUV.

5. Take extra driving classes. If you’re a teenager then you might want to get defensive driving classes. This would make your insurance company see that you are making an effort towards becoming a better driver. Also, installing safety devices such as alarms on your car would also make them think of you as a low risk client therefore giving you a better deal on your insurance rate.

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Discount Auto Insurance Tips

In today’s economic times, we are all attempting to save some money. We may have put a little off from the phone bill or cut off from a few cups of coffee. Why not save an amount of cash from your car insurance, as well? Here are a few tips that might help you save a large sum on car insurance.

Tip One: Receive a Small Mileage Discount
You can take a bus, a carpool, or cut back your trips. When your mileage per year is 10,000 or less, majority of insurers may give a discount.

Tip Two: Study Hard
You may be eligible for a Good Student Discount if you are a student in high school or college with an average grade of B or higher. You need to show evidence of your GPA every year.

Tip Three: Take a Safe Driving Class
A lot of states provide a discount to grown-up drivers who enrol in an authorized defensive driving class. You may ask the car insurance company as to where you may enrol for these classes.

Tip Four: Drive a Hybrid Auto
Travellers and others provide a hybrid discount. Other fuel efficient autos frequently have a lesser cost compare to gas guzzlers. Evaluate rates prior to making a purchase.

Tip Five: Get a Multi Policy Discount
Insure you boat, motorcycle or house with your car insurer in order to acquire a discount on your auto insurance. You may browse through the internet in search for a quote.

Tip Six: Purchase Gap Insurance
Gap insurance may have a higher cost, but it will cover your loan compensations. If you have a full loss of a new auto, gap insurance is worth less compared to your total balance.

Tip Eight: Do Not Allow Your Policy to Lapse
It is illegal and you could shell out 25 percent more for a new plan when you are prepared to purchase one. A number of insurers provide a transfer discount, as well.

Tip Nine: Defend Your Credit
In a lot of states, overlooked payments can reduce your credit score, making it more costly to acquire auto insurance coverage later on.

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