Thursday, July 2, 2009
Earlier, you chose the insurance provider in your neighborhood and stayed with them without even bothering about whether there is any other better option. But the scene has completely changed with the arrival of online car insurance policy.
Why are people on the hunt for cheap auto insurance quote online? The answer is obvious to save money. When you compare a number of auto insurance quote on a single website you get an idea what is on offer and you end up getting cheap auto insurance. Since there are several players online the cost of auto insurance is also dropping considerably.
When you are directly dealing with a broker, he will be always trying to influence you to buy from him. In the process you don't get to know about the auto insurance quote of other companies. But through an online car insurance policy provider you get to know about a whole lot of auto insurance quote. This saves time and also you can get an auto insurance quote at your convenient time. Once you decide for online car insurance policy you can keep annoying agents at bay.
Get as many auto insurance quote as you can is the key to know whether you are paying too much. Compare it with traditional auto insurance quotes, refer some online reviews, and talk with your friends and family members soon you will be seeing a difference. Different types of car have different type of insurance quote, which you will be easily able to know through online car insurance policy. Age and value of a car also matters when it comes to cheap auto insurance quote. There a lot of hidden costs, which you come to realize only when you compare quotes from different insurance providers. This can be easily done on a website which provides information on a host of insurance companies. All this and a lot of other points, which you might have never thought of is easily available when you opt for a cheap online insurance policy. Most online insurance companies give you a lot of information other than just cheap insurance quote, which at the end of the day saves your valet and makes you wise.
Wednesday, July 1, 2009
1. Shop Around and Compare Rates Regularly
Your circumstances change all the time, and so will the way car insurers view you. If you don't compare rates every once in a while, you'll never know if you could be paying less. According to an independent study, people who compare rates and switch carriers at InsWeb.com save an average of $301* on a six-month policy.
2. Increase Your Deductible
Simply put, the higher your deductible, the lower your premium. The cost of an accident will be that much more expensive, but the savings on your rate could make it well worth it.
3. Insure Your Home and Your Car With the Same Carrier
With a multi-line insurance policy you purchase both your car and homeowners insurance from the same carrier. According to the Insurance Information Institute, a multi-line policy can save you up to 15% on both premiums.
4. Pay Your Policy in a Lump Sum
Extra administrative fees are often applied to payments when you split your premium into installments (e.g. monthly, quarterly, etc.). Be aware that a monthly fee of even $7 can add up to almost $100 a year.
5. Take Advantage of Good Driver Discounts
Most insurance companies provide discounts for drivers with excellent driving records. In fact, some states require companies to provide these discounts. If you haven't had any accidents or tickets in the last three to five years, you're probably eligible.
6. Don't Overpay Just Because Your Record Isn't Perfect
It's never good to have an at-fault accident or moving violation on your record as all insurance companies will consider you a higher risk. But not all companies look at violations and accidents the same way, and many companies specialize in insuring different types of drivers. If you shop around, you might be surprised at what you find.
7. Look for a Safe Vehicle Car Insurance Discount
Many car insurers offer discounts for various safety features on your vehicle, including air bags, alarms, factory-installed mechanical seatbelts and antilock brakes. When getting updated car insurance quotes, be sure to indicate such safety features.
8. Pay Less When You Drive Less
Many car insurance companies will offer discounts on vehicles that incur low annual mileage. If your commute has recently changed or you have recently retired and no longer drive your car to work, you might save money by getting an updated quote.
9. Take Advantage of Good Student or Senior Discounts
Because many companies feel conscientious students make conscientious drivers, students currently enrolled in school often receive a discount on car insurance if they can demonstrate good grades. Similarly, providers are also known to value the wisdom of an experienced driver, offering discounts to drivers over 50 as a result.
10. Don't Pay for Coverage You Don't Need
If you don't keep a close eye on the details of your car insurance policy, you could end up paying for things you don't need. For example, you may be a member of a car club that provides roadside assistance yet also pay for towing on your car insurance policy.
No one wants to pay too much for auto insurance. We want to reduce the payments and provide for insurance needs at the same time.
Of course the first steps involve making sensible choices even before you get into a car or turn on the ignition. Only letting experienced drivers drive your car is one of the easiest ways to reduce your insurance costs.
You should try to select a moderate make and model of car with a low insurance quote for your particular location. You are obliged to keep a good driving record, a part of that record proof of training yourself well before driving: driver's education coupled with defensive driving course can actually lower the insurance cost. Once you deal with these aspects, then you may begin looking for the best bargains in car insurance.
Search the quotes and premium information and you can get clarification on many issues. Both in libraries and on the internet, you can investigate the makes and models of cars, make a comparison of geographic places in terms of premiums, and see for yourself a big range of potential training programs. Getting quotes is the best thing to do overall.
Quotes that are made available by a range of sources, provide you with exact terms of the price of different schemes, at the same time taking into consideration variables like age, accident records, vehicle make, etc. There are many programs out there to help you find what meets your needs for the best money.
By typing specifics like a driving record into a search engine, you can ask for quotes from many companies. The trouble constructing a search can call our local library and ask for help in the search technique for paper based materials. Once you get started, get a large number of quotes and start comparing them.
By doing so you provide yourself with a well chosen and well designed insurance package which costs as little as possible. You will find a sense of empowerment as well as reduce the fear and stress of driving when you have a great policy at your back.
Monday, June 29, 2009
The only way to determine what the lowest prices are for auto insurance is to shop around and request quotes from many different auto insurance companies. It is important that you compare all of the items that are included in the auto insurance. Just because it is inexpensive does not mean you should purchase bad auto insurance.
It is good to know how long it takes for a claim to be processed and when you can expect to receive payment. You want to choose low cost automobile insurance but you still want to have a good insurance policy. You should not get a cheap insurance policy if it is bad insurance no matter how inexpensive the cost.
It is possible to find discount auto insurance without changing your auto insurer.Many times discounts are available for those that have participated in a defensive driver-training program or if you have a good driving record. Additionally many times there are discounts if you have safety devices or anti theft devices in your vehicle. Almost all companies offer low mileage discounts.
If you have never had any car accidents or tickets then you may want to increase your deductible. The only time you pay a deductible is when an accident occurs. A higher deductible will dramatically decrease your insurance premium each year and the money you save can be quite substantial.
Older cars may not need to have as much coverage as newer cars because their value is much less. You need to compare the value of your car with the cost of having full comprehensive or collision insurance. If the cost of insurance is the same or more then the value of your car it may be a good idea to reduce the coverage on your car. All of these things together can help you get cheap car insurance.
Today there are many ways for us to purchase monthly auto insurance. With most monthly auto insurance plans, you will have to pay the premiums once per month on a set due date.
Many people find it much more convenient to pay their insurance in smaller monthly payments than having to pay everything at once. There is often a small monthly service charge to pay for this convenience.
Since there are many different insurance companies, there are many different payment plans. Some companies will send a bill once per month and allow you to send a check before the due date. Other companies may offer the option of debiting your checking account for the premium. Still others may require the later option.
You will fins many websites that allow you to check the many rates offered by competing companies. This allows you to choose the best plan for you. Be sure to see if you qualify for any discounts. Some companies give a discount if you have more than one vehicle, buy renter's or homeowner's insurance from the same company, have a student in school with good grades or are a senior.
If you do not compare prices on insurance, you may be paying too much for your monthly auto insurance. Often you can find better rates than you are now paying with the click of the mouse or a phone call. This will save you money each month. Many companies today want to be very competitive in their prices.
When comparing plans be sure that you also compare the benefits offered. Some companies offer coverage on rental vehicles that will save you as much as 25 dollars every day you rent a car. If you rent a vehicle even once per year this may be an overall substantial savings and worth 5-10 dollars per month more for the policy.
What's more is that men and women have contrasting reactions to suffering a car breakdown. Around 34 per cent of men are likely to look at tackling the problem themselves, whereas two thirds of women say they feel much safer knowing that someone can help them if their car breaks down.
How can car insurance help?
Previously, if you wanted a decent breakdown policy you would have to take out an exclusive deal with one of the country's leading providers - such as the AA, RAC or Greenflag. However, now many car insurance companies offer breakdown cover as an add-on to their policies.
Some insurers offer breakdown cover as an optional extra whereas others will include it as standard. If it is available as an extra then its worth using a comparison website to see how much it is adding to your policy and comparing it to the quotes available from traditional breakdown companies.
However, if breakdown cover is included as standard on a car insurance policy, then you simply need to check the level of cover available. For example does it include home starts, onward travel and will it cover you on European roads? Or is it simply roadside assistance?
How cutting breakdowns also means cutting car insurance premiums
Taking steps to reduce your risk of a car breakdown can also pay off financially with car insurers. The better condition your car is in, the less likely you are to have an accident and therefore to make a claim.
So check the oil levels each week and add oil if the level is below the dipstick. Also check brake fluid and washer fluid. For more complicated jobs consult a mechanic and try to get your vehicle serviced once every six months.
Insurance, has become one of the inevitable expenses today. Almost everyone options for an annual insurance cover with proper payment. Insurance, is simplified today. One day car insurance or temporary insurance is a relatively recent advancement known to very few people. This can come in handy if your car is being used by a friend or by one of your family member for a day.
Insurance is often mistaken to be a costly affair. Many people don't wish to spend a huge amount of money on insurance. Such people can benefit from insure for one day. Seeking expert guidance from car insurance providers can also help take the right decision. One day car insurance can help the driver using the car for a day or two get protected adequately against any kind of injuries. It can help get compensated against any kind of injuries. It is advisable to safeguard your interest always; be it any kind of journey.
The insurance can prove to be helpful in numerous ways:
• Immediate drive-away insurance if you've just bought a car
• Temporary additional drivers (including overseas visitors)
• Temporary additional cars
• Unaccompanied vehicle demonstrations or use of courtesy cars
• Lending a car to a friend, colleague or relative
It is advisable to insure car if you wish to use the car for a day or two. It is true that today, even the smallest of journeys need cover. Hence, it doesn't make sense to risk your life. Seeking expert advice from a team specialists can also help get suitable insurance coverage. It is better top be protected than risk your life. Initially, single day insurance was originally limited to the motor trade only. It has been designed to meet the needs of people who require immediate, short-term insurance to drive and to cover them for a period of between 1 to 28 days against accident, fire or theft damage to their vehicle, as well as their legal obligations or third party claims.
Sadhana D, Expert Author, Platinum author
Article Source: http://EzineArticles.com/?expert=Sadhna_D
Weighing the Options
The idea behind insurance is to give you peace of mind by buying protection beforehand in the event of an accident/breakdown. In the US, car insurance is required in 47 of the 50 states, so you'll pretty much be required to get insurance if you plan to drive in this country. Laws vary from state to state as to how much protection you should get. It is prudent to check your state's minimum requirements if you're on a tight budget and can afford only the minimum insurance cover. Seek extra cover only if you can afford it. Your driving records, as well as the car you drive will affect the premiums insurance companies will offer you, so you'll have to weigh a lot of options if you're determined to get the best possible deal. Typically, if you have a car equipped with the latest security and safety features, your premiums will go down. New car owners invariably pay less in premiums than those with older cars. Your driving record affects your premiums too. If you've had several infringements against your record, especially severe offenses like DUI, speeding, etc., you'll find it hard to get cheap insurance cover. Insurance packages will vary in the degree of protection they offer and the areas they cover. Some policies even include medical expenses in case of an accident, while there are several others with specific procedures to help you in case of a collision with an uninsured motorist.
Making the final decision
Ideally, you should get the most comprehensive insurance cover that you can afford - something that gives you complete peace of mind in the event of an accident or breakdown. But at the same time, you should remember to not over pay and bust your pocket - it is better to meet the minimum insurance requirements in your state than be broke with thousands of dollars in debt by overpaying for your insurance. Look for companies that offer discounts for multiple cars. Many families these days have more than one car, and several insurance companies have come up with plans that include low premiums if you get both your cars insured through them. Also, there are a few companies that will offer you discounts if you get your home as well as car insurance from them. Consider this option if you're a homeowner shopping for car as well as home insurance together. Last, but not the least, don't forget the real reason for getting insurance: to save money. If you're underinsured, you'll find that you'll have to pay way more in the event of an accident or breakdown than what you would have to pay for your premiums. By being underinsured, you'll put yourself at a financial risk. Get adequate coverage that you can afford - but don't over do it if you don't have the extra cash to spend.
Source : http://EzineArticles.com/?expert=John_Newcomb
Sunday, June 28, 2009
One of the very first things that you should do when searching for the cheapest auto insurance rates is to make a personal commitment to shop and compare. It is important to not just compare the prices of the coverage that is offered by various insurance companies. It is equally important to compare the services and the benefits that are associated with the coverage itself. Many times, you may find that a higher costing insurance coverage may not offer as many benefits to you as a low costing insurance can, or vice versa. However, if you take the time to shop and compare every aspect of the coverage, you are sure to find out some things that catch your interest.
The next thing that you should look out for when it comes to shopping for car insurance is discounts. Yes, many car insurance companies advertise discounts for safe drivers, and similar discounts but did you know that many companies have discounts available that they do not advertise? When calling about your potentially new policy in car insurance, you should ask about discounts
For keeping your car in a locked yard
Keeping your vehicle in a garage
Safe driving discounts
Driving course discounts
Discounts for military personnel
Senior Citizen discounts
And, similar discounts!
You will probably discover that you qualify for more discounts than you ever imagined. However, you must understand that most auto insurance companies will not advertise these discounts. It is important that you inquire about these when you call to establish your rates for coverage with that particular company.
There are many features that can add additional discounts to your auto insurance policy. When inquiring about and seeking out cheap insurance plans, you should research these features to determine if any of them qualify you for additional discounts. You will be surprised to find that items such as certain brake systems, and airbags can prove to be beneficial when it comes to lowering the cost of your insurance.
In conclusion, there are many different things that you should look for when it comes to your car insurance. The items mentioned throughout this guide can lead you to save hundreds on your car insurance each year. If you are looking to obtain cheap car insurance, you must know and understand the basics behind the prices that are charged for car insurance.
by: Kian Chew Chong
How much automobile insurance should you carry?
The primary reason to buy automobile insurance, both liability and uninsured motorist coverage is to protect yourself and your assets. Your insurance company will never pay more in damages to you or to a person you negligently injure than the dollar amount of the coverage you paid for no matter how high a verdict there may be either against you or for you. >> see more detail
How to Find Affordable Car Insurance
It's becoming increasingly difficult to find a car insurance policy that is affordable enough and provides enough coverage. However, if you do your research properly, you'll definitely find the insurance that'll be just right for you. You will have to put in some effort though: canvassing, weighing the options, weighing protection as well as affordability. >> see more detail
What Should You Look Out For When Getting Cheap Auto Insurance?
When shopping for auto insurance, it is important that you seek out the best deals for your money. Many are under the impression that car insurance rates are determined by the overall quality of the automobile insurance that is provided. However, there are many companies out there that offer cheap auto insurance and offer quality benefits, and services. Here, you will be introduced to a few things that you should look out for when it comes to getting cheap auto insurance. >> see more detail
Does Car Insurance Cover Breakdowns?
Previously, if you wanted a decent breakdown policy you would have to take out an exclusive deal with one of the country's leading providers - such as the AA, RAC or Greenflag. However, now many car insurance companies offer breakdown cover as an add-on to their policies. Some insurers offer breakdown cover as an optional extra whereas others will include it as standard. If it is available as an extra then its worth using a comparison website to see how much it is adding to your policy >> see more detail