Feb 3, 2009

How to Cut Costs on Car Insurance

Car insurance premiums cannot be beneficial to some because of the high insurance premiums they are paying they can see nothing in return, however when someone get involved in an accident they start to to realized the important of having car insurances.

One way of saving you on paying a high car insurance premiums is by knowing how to get a discount from insurance company, below are some tips on how to cut costs on car insurance.

1. Shop Around for The Best Price. Before deciding for a Car Insurances, make sure that you shop around for the best price. An online Free Car Insurances Quotes is the best place to start. However, beware on a small or start-up insurance companies because it may give you a run around when you need to file an Insurance claim.

2. Increase Your Deductible. Increasing your insurance deductibles can saves you up to 20% insurance premiums, this will be enough to pay for the higher deductibles for any future accident by driving with accident free for a couple of years.

3. Reduce Your Auto Medical Coverage into Minimum limit. When you have an excellent medical insurance through your employer, there is no to have a double coverage especially when you always drive alone.

4. Skip collision and Comprehensive coverage. Usually when you have an old car or the value of your car is, shall we say, a couple of thousand dollars, the collision and comprehensive coverage is not that cost effective. So, there’s no point of getting a collision and comprehensive coverage.

5. Maintain a clean record. Always maintain an accident free driving records and avoid violations. Always have a safe driving habit.

6. Settle minor accident with other party. When you get involve in a minor accident, always try to settle the matter with the other party without involving a police and both of your insurance company, so that you maintain clean records.

7. Buy a car with safety features. Most car insurances company offer discounts on cars that have a life saving features such as air bags, anti-lock braking system, and seat belts.

8. Equip your car with anti-theft device. An insurance company offers discounts for various anti-theft devices equip in your car such as alarm system.

9. For students, keep your grades up. Many insurance companies give discounts for students that maintain at least “B” average grades the reason is that a better students is typically a better driver.

10. New status discounts. If you are single and getting married ask your insurance company to give you discounts on your new status, because there is insurance company that rewards married drivers as they see them as being stable and less likely to drive recklessly.


Mogul said...

Very informative keep it up....

Manmeet said...

useful article i have bookmarked ur site.

also see
Spectacular cars at
A Car Blog

A2V said...

Thank you for the visit.

Nisa said...

I agree with them... Really have passive info. thanx man