post Category: Auto Insurance post postOctober 28, 2007

Auto Insurance-5 tips to save on auto insuranceToday we can buy auto insurance online, on the phone or face to face with an insurance agent. No matter how we buy auto insurance, there are some things to keep in mind that could lower our auto insurance costs.

 

5 Tips To Help You Save On Auto Insurance

  • Get Different Auto Insurance Quotes
    With all the auto insurance companies out there and all the different auto insurance quoting services, insurance rates can sometimes vary drastically. It is not uncommon for these rates to vary as much as $500-$600, or more. It is a good idea to get at least three quotes to compare, but make sure you are comparing the same insurance coverage in all quotes.
  • Make Sure You Take Advantage Of All Available Distounts
    Auto insurance discounts will vary by insurance company, but some of the more common discounts may include:
    Homeowner’s Discount
    Multi-Car Discount
    Driver Training Discount
    Good Student Discount
    Safety Discount
    College Student Discount
  • Customize Your Auto Insurance Coverage
    Collision coverage in an auto insurance policy may account for 30% to 40% of the total insurance premium. Both comprehensive and collision auto coverage provide for repair or replacement of your vehicle on a “replacement cost” basis, in other words, on a depreciated value basis. So, if your auto isn’t worth the cost of this additional coverage, you may not need it. Other optional insurance coverage that may be available may include towing and labor or rental reimbursement.
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Discont Health Plans Under $60
Nationwide Healthcare Network. Healthcare savings for your entire household under $60 per month.


Discount Dental Plans Under $20
Nationwide Dental Plan Provider Network. Savings on both preventive and restorative dental services. Savings on prescription drugs, vision care, and chiropractic care.


  • Increase Your Auto Insurance Deductible
    You probably already know that the deductible in an auto insurance policy is a stated amount you pay before the insurance company starts paying your auto claim. The more of the insurance risk that you take on yourself, the lower the auto insurance premium.
  • Make Sure Your Credit Record Is Accurate
    Many auto insurance companies today use an Insurance Score to arrive at your insurance premium. The insurance company is looking for how you have used your credit. This “hit” on your credit is not supposed to show up like an application for a loan would. If there are items in your credit record that don’t belong to you, they could affect your auto insurance premium.


Glossary Insurance Terms: |A-C|D-H |I-M|N-P|R-T|U-W|


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Horaayy..there are 2 comment(s) for me so far ;)

#1

Hello, I was browsing Internet searching for homeowner insurnce quote and your blog regarding Auto Insurance - 5 Auto Insurance Savings Tips came my way. Very interesting! You really do know your thing! I\’m gonna bookmark you and come back in a few to see your new posting! Looking forward to! Cheers!

Egor wrote on November 7, 2007 - 1:23 pm
#2

What\’s a web surfer to do? I was going along, searching for some info on auto repairing, and saw a link here. You can bet I\’ll be bookmarking this site TODAY (Thursday). Great post!

Auto Repairing wrote on November 29, 2007 - 7:48 pm
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