How
To Get The Best Auto Insurance Deal
by SolveYourProblem.com
Let your fingers do the walking… Remember
that Yellow Pages Ad Campaign? Excellent advice if you’re shopping
for auto insurance. Shop around and do it yearly. Don’t just
keep paying the invoice over and over without comparison shopping.
Below are a few suggestions to help you get the best deal available
on your automobile insurance policy.
Insurance
agents really have a lot of leeway. They can price
match and they can offer many discounts. There are also many
decisions you can make about your policy that will save you
a bundle. For example, if you change your deductible on your
collision from a $50 deductible to a $1000 deductible, you’re
inline for a huge premium savings. If you don’t think you could
come up with $1000 out of pocket, then change it to a $500
deductible; you’ll still save a sizable amount on your annual
premium payment.
You can also get
more of a savings if you change your comprehensive
deductible. Many people needlessly carry full coverage on their
older vehicle. They originally purchased the vehicle new, paid
for full coverage and to this day, continue to pay the same
high rate. Their ten year old vehicle may be worth $1000 or
less, yet they continue to pay $250-$450 every six months (total
$500 to $900 dollars a year) to keep full coverage on their
old vehicle.
However, if they have an accident and totaled their vehicle,
the insurance company will only pay them the wholesale value
of the vehicle. The amount they would receive could be $1000
or less. A vehicle that old just needs the insurance that protects
the other person in case of an accident.
Another method to save more on your insurance is by combining
your vehicles and other insurance together to get you additional
savings. All insurance companies offer a multi-car discount
(if yours doesn’t, it’s time to switch companies). Further,
many will discount more if you have your homeowners or renters
policy with them.
There are a few other discounts that you may not be taking
advantage of. It seems obvious, but make sure you are getting
the correct rate for your age. There are discounts for various
ages than can save you lots of money. Check with your agent
on this one. Also alarm systems on your vehicle are usually
good for a discount. Additionally, anti-lock brakes and air
bags can also help lower your premiums.
Don’t just keep paying the invoice when it comes in. Your
insurance bill should be an automatic trigger for you to make
a few phone calls to see if you can save even more money on
your auto insurance premiums.
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SolveYourProblem.com : 2007
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