Liberty Forum

Your car insurance rates are based on a couple of factors that you can’t readily change e.g your sex, age, marital status and where you live, it’s also based on many that you can e.g your credit scores, what you drive, how well you drive and how much coverage you buy.

Here’s how to get the best deals :

1)  That one way to save money on auto insurance is to keep your driving record clean and up to date but there are other things to do to save money. Not only are you not possibly paying too much for insurance but there is a good chance that you can get a better rate by getting numerous quotes from other insurance providers. So let’s start by taking our policy and reviewing it for things to change and consider when requesting an auto insurance quote.

2)  Ask your insurer about all available special discounts

3)  One thing to check for when trying to save money is by checking to make sure that you get every discount that you are qualified for. Some insurers give discounts for varying occupations. Some for combined coverage, possibly home and auto, and other discounts such as auto safety features such as antilock brakes.

4)  Drive defensively, and avoid distractions such as text messaging or talking on a cell phone. One speeding ticket may not raise your rates, but an accident you caused probably would — generally by 40% of the company’s base rate.

5)  Another suggestion would be for the driver to assume more risk. This can be done by dropping collision insurance if you have a car that isn’t worth much money anyhow, that is an older car that isn’t a classic or won’t be. Changing your deductible also assumes more risk but can result in a huge discount, sometimes as much as 30 percent! That is a discount!

6)  Finally, adding your newly licensed teen to your policy will increase your premiums 50% to 200%. One way to reduce costs: Buy a beater and list your child as the driver.

Shoping around won’t be a bad idea either as many people stay with their insurance companies for years and never check other insurance providers prices. Why is that? You would shop around if you were going to buy a car so why not shop around for a good deal on insurance? The internet makes this easier than ever. There are many online providers that can provide quotes in just a matter of minutes. It could definitely be worth the time involved for the money that could potentially be saved.

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