Auto insurance > The Top 8 Ways to Save a Ton of Money on Your Auto Insurance

The Top 8 Ways to Save a Ton of Money on Your Auto Insurance

by: Matthew Keith

We all hate doing it, but it's something that we all must do at one time or another... the wonderful task of shopping for car insurance quotes!

Since there's no avoiding it, you might as well learn a few ways you can save money in the process. Here is a compilation of the top tips you can use to make sure you never overpay for your car insurance premiums...

1. Search for quotes regularly - Many people inadvertantly pay the same premium for years without ever shopping around. As your vehicle ages, it depreciates in value. You shouldn't pay the same premium on an older vehicle as you would on a newer one... think about it! It's generally good practice to do a quote search on a yearly basis, but the more often you do it, the better chances you have of getting lower rates.

2. If you have an older vehicle, consider "liability only" insurance - When making a decision like this, you need to consider the value of your vehicle compared to what you're paying for your premium. If your vehicles wholesale value is, say $1000, why pay almost that much per year (give or take) when that is all you will get from your insurance agency... if you total your vehicle?

3. Take a defensive driving course - A simple 6 hour defensive driving course can save you up to 10% on your insurance premium. Contact your local department of motor vehicles for information on taking this course. Many times, you can also take this course by mail, by video, or even online!

4. If you have more than one vehicle in your household, insure them with the same agency - Most insurance agencies will knock a huge percentage off of your premium for multiple auto insurance policies.

5. If you also have life, home, fire, boat or any other type of insurance, use the same agency - As with having multiple auto policies, most agencies will knock a huge percentage off of your premium for multiple policies.

6. Increase your deductible - The higher the deductible you choose, the lower your premium will be, so set your deductible at the highest rate possible... just make sure that if you were to need the insurance you would be able to cover this deductible.

7. Maintain good credit - Insurance agencies, just like any other business, like to be paid... and on time. A good credit rating will lower your premium.

8. Think like an insurance agent - Insurance agencies base their rates foremost on one thing... risk. The more at risk you seem to be, the higher the premium will be, and vice versa.

When talking with an agent, give them reasons that you are at a lower risk, ie: you have a safe vehicle, you have a clean driving record, you don't use your vehicle for work purposes, you don't travel often, you're vehicle has anti-theft devices, you park in a garage, etc. A good idea would be to make a list of why you're at a lower risk before you even speak to an agent. Be creative!

About The Author

This article was written by Matthew Keith. Did you like it? Read more articles, tips and resources just like it at http://insuranceauto.bravehost.com - This article may be freely distributed or republished, as long as these bylines are included.

Benefits of Group Health Insurance

Benefits of Group Health Insurance

by: Jakob Jelling

Group Health Insurance is an insurance scheme provided by the insurance companies for a group of persons, such as the employees of an organization at a reduced individual rate. Most of the companies provide group health insurance schemes for their employees, which helps the employees to receive health treatments without any cost they need to pay. Group health insurance ensures the employees of an organization to receive medical treatment quickly so that they can avoid waiting long time in queues and other sufferings.

Group health insurance offers lots of advantages to both the employer and the employees. As far as an employer is concerned, the group health insurance scheme will provide enough medical treatment quickly for the staff of his company and thereby ensures speedy recovery from diseases and keeping disruption owing to illness in the office to some extend. The employee can also provide...

Benefits of Group Health Insurance

Auto insurance > Benefits of Group Health Insurance

How to Lower the Cost of Your Car Insurance

How to Lower the Cost of Your Car Insurance

by: Evan T. Smith

Buying auto insurance is an important part of your overall

financial planning. The auto insurance premium rate varies

depending on the company and the type of policy coverage you

choose to have.

Here are some guidelines to lower the cost.

Shop Around- Compare the costs by shopping around at least

four to five insurance companies and comparing the quotes.

Take the help of your friends, relatives and yellow pages.

Your insurance company should offer fair pricees and posses

excellent service records. Check the financial ratings of the

company as it indicates the strength and stability of the company.

Ask for higher deductibles- Deductible is the amount of money

that you pay before making any claim for an accident. The

collision and comprehensive coverage are sold with the

deductibles. Higher the deductibles lower will be the premium...

How to Lower the Cost of Your Car Insurance

Auto insurance > How to Lower the Cost of Your Car Insurance

Life Insurance Scenarios

Life Insurance Scenarios

by: Ivon T. Hughes

Most individuals have some form of insurance, whether it is for their vehicle, home or health. But it is important, however, not to overlook the benefits of life insurance, which pays money to beneficiaries when the insured dies.

HOW LIFE INSURANCE WORKS

Typically, the insured person makes payments into the plan - called premiums - in exchange for a "death benefit," the money that is paid at the time of death. If you are considering purchasing life insurance there are a few potential problems you need to be aware of.

DIFFERENT TYPES OF LIFE INSURANCE POLICIES

There are numerous types of policies you can choose, but life insurance policies generally fall into three categories - protection, long-term savings and estate conservation.

Many people purchase life insurance for the purpose of providing for their dependents in the event of their death, thus protecting your existing stream...

Life Insurance Scenarios

Auto insurance > Life Insurance Scenarios

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If there were every two words that went together, they are ?holiday? and ?travel?. They can be a pain in the neck during the holidays if you travel with kids.

Holiday Travel

I happen to be a big fan of the Christmas televisions shows. I happily admit that I am still a fan of the Grinch, the island of toys and, of course, Rudolf. Alas, one can?t help buy notice none of these shows make any mention of holiday...

Holiday Travel with Kids Auto insurance The Top 8 Ways to Save a Ton of Money on Your Auto Insurance televisions

Auto insurance > Holiday Travel with Kids

Intro To Voice over Internet Protocol -- Save Money With Every Phone Call

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You've probably heard about Voice over Internet Protoco (abbreviated VoIP or VOIP). It is one of the hottest computer technologies today.

VoIP was developed to provide voice communication between computer users at different locations. Although still used in this manner, it's been developed much further -- into a full-fledged telephone network that allows us to place...

dsl Auto insurance

Auto insurance > Intro To Voice over Internet Protocol -- Save Money With Every Phone Call

How to prepare the best Garlic Mashed Potatoes

by: Anita Frogel

Would you like to prepare the best Garlic Mashed Potatoes that you enjoy at your favorite restaurant, but have no idea where to start to achieve that wonderful and delightful flavor?

There are a variety of ways to create the best garlic mashed potatoes that you have ever tasted but when it comes down to which way is best is according to your own taste buds.

When you take a look at garlic...

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Auto insurance > How to prepare the best Garlic Mashed Potatoes

Your Home Equity Credit Lines

by: Troy Francis

Do you need to borrow money? Home equity lines may be one source of credit. Home equity credit lines may provide you with large amounts of cash at a low interest rate and they may provide you with certain tax advantages with other loans.

Home equity lines of credit require you to use your home as collateral for the loan. This may put your home at risk if you are late or cannot make your monthly payments...

mortgages Your Home Equity Credit Lines Auto insurance

Auto insurance > Your Home Equity Credit Lines

Beyond the Traditional in Men's Wedding Rings

by: Richard Keir

It wasn't too long ago that the selection of wedding rings for men in jewelry stores was limited to gold and platinum wedding bands. But now, the selection of men's wedding rings is just as varied as those for women.

The reason behind this big switch is demand. These days more and more men are looking for something different and want more than a traditional wedding band. If you'd like more than...

Auto insurance The Top 8 Ways to Save a Ton of Money on Your Auto Insurance

Auto insurance > Beyond the Traditional in Men's Wedding Rings