Have you gotten hit with an unexpected increase in your car insurance premiums? Or probably worse yet, have you tried to add a younger driver to your family car insurance policy? Sometimes your car insurance premiums can be almost expensive as you car loan payments. But you can take some steps to lower that premium, sometimes by hundreds of dollars.
Do Not Assume Your Old Insurer Is The Cheapest
A lot of people have been with an insurer for many years, and they hold onto a notion that this company will give them the best breaks out of some sort of loyalty. But most insurers have set rates, based on factors like age, driving history, zip code, and the type of car. These factors have little, or nothing, to do with how long a customer has been with a particular insurer. If you got a rate increase, or your rates seem very high, it may be time to shop around for a better deal from a company that wants to compete for your business.
Are You Taking Advantage of Auto Insurance Discounts?
Just as car insurers will raise rates for dirvers with accidents, they will also be willing to extend discounts for factors that they think will make the insured person a safer driver. Some discounts are obvious, like one that many companies offer for approved driver's education courses. But did you know that many companies even offer a discount for "green" drivers? They believe that the sort of person who would invest in an ecologically sound vehicle would also be a more careful driver. You may not know about all of the discounts available, and you should not wait for your old company to offer them. Again, it is in your best interest to let multiple carriers compete for your insurance business!
Is Your Car Cheap To Insure?
Some cars are just cheaper to cover. Companies keep statistics on things like the amount of claims that specific cars tend to be involved in. This has nothing to do with you, as a driver, but just the car you happen to drive. High horsepower cars will tend to be more expensive to cover, while sedate family cars will tend to cost less. Cars that seem to get stolen a lot will cost more to cover, while cars that do not seem as attractive to robbers, will cost less.
Safety features, like anti-lock breaks, may earn another discount. And while living in an area that tends have a lot of cars stolen, or having a car that tends to get stolen a lot may cause your premiums to increase, anti-theft devices can offset that cost. In other words, an insurer wants to see that you do everything in your power, including driving a safe and secure car, to prevent a claim. If you do that, you can get rewarded with lower insurance rates!
Shop Around
Face it. Each company has its own unique formula for calculating rates, and they are just friendly to different types of drivers. Where one company will offer a discount for a driver with a great credit score, another company will be more interested in attracting drivers who have great safety records. Of course, it is always better to have both, but you can look for a company that will reward your strengths with better rates.
We want to help you find the Best Car Insurance Quotes with our safe, fast, and free online quote forms. Fill in your unique info one time, and then sit back while top insurers compete for your business!
Internet Car Insurance quotes can help you save time and money.
Article Source: http://EzineArticles.com/?expert=Marilyn_Katz
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