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Car Insurance For Teenagers – Simple Tips to Affordable Rates!

admin — Mon, 12 Jul 2010 08:44:17 +0000

If you have teenage children who are eager to drive as they are legally allowed to do so, you cannot stop worrying about insurance for teenagers. You know very well that it cost a lot and might be a burden to you financially. Nevertheless, do you know low rates for teens do exist? It is not uncommon that you are not aware of it, many people is in the same situation as you. This is because insurance companies will not share with you the secrets to cheaper rates. Try the tips below if you are searching for something affordable than the normal sky high teens car insurance.

Ask for discounts that are applicable to your teens. If your teens are high scorer in school or they have graduated from driver’s training course, ask for discounts based on these points. Many insurance companies offer discounts for good grades and graduating from the course will show that your teens are competent drivers.

Shop around so that you will be able to compare quotes between different companies. Get at least three quotes from different companies. You will see how much difference in prices between them. The Internet helps you to find out more about the companies easily without taking much of your time and money. You might land yourself with expensive car insurance for teenagers if you didn’t do price comparison.

Next, constantly remind your teens to drive safely. Most of them are fist time drivers and lack of driving experience. Therefore, they must be extra cautious in driving to avoid any accidents from happening. Traffic rules imposed on teenagers are usually stricter and they should not break these rules in order to have a good driving record. If they manage to drive well without any claims for accidents for a long time, the companies will be glad to offer discounts or some other benefits.

Fitting in security devices will help prevent thefts and accidents, thus entitle you to get reasonable car insurance for teenagers. Therefore, if you feel your teens’ cars aren’t fully equipped with safety devices, consider fitting them in to reduce the rates. You can choose to fit in some basic safety devices like anti-lock brakes and steering wheel locks.

By: Crex Sky

Inexpensive Car Insurance – Tricks From the Pro’s

admin — Mon, 19 Apr 2010 10:23:34 +0000

Finding inexpensive car insurance is not nearly as difficult as you may have been led to believe. Everywhere you look, there are people complaining about the cost of auto coverage; however, unless you actually search for inexpensive car insurance for yourself, you cannot say for sure whether you are getting the best rates. Take a look at these recommendations for industry insiders on how to get great rates on your auto insurance policy.

Shop Around

There are some insider tips for getting inexpensive car insurance. For example, you should always compare quotes from a third-party website so that you can see the rates from multiple companies. While a company sponsored website can be very useful, it’s certainly not a source of unbiased data. A consumer rate quote tool can be your springboard to finding the best rates.

Reduce Your Rates

After you get your car insurance quotes, you should then consider things that could decrease your premiums. For example, you can lower your rates considerably by increasing your deductible. The deductible is the amount of money that you pay out of pocket when an accident occurs. This amount can be zero dollars if you don’t mind paying a larger premium, and can be up to $2,000. Just remember to keep the deductible in a range that is affordable for you.

Find Discounts

Another way to ensure that you get the least expensive car insurance is to make sure that you get all of the discounts available to you. These discounts will vary between auto insurance companies and the state that you live in, so if you have narrowed down your choices for an auto insurance company, then visit their individual sites and find out what discounts they offer. Make sure you go back to the third party site where you got your rate quote, so that you can take advantage of that low price you received.

By: James J. Robinson

Car Insurance – Tips to Help Lower Your Rates

admin — Sun, 24 Jan 2010 15:07:43 +0000

As car insurance rates continue to rise, more and more consumers are looking for ways to pay less for the same type of coverage. Here are seven of the most common ways insurance companies urge drivers to save on their annual premiums. Be sure to check with your insurance agent to see what other discounts your company may offer:

Downgrade.

Owning a less expensive car can save your insurance carrier thousands in repair costs in the event of a accident — a savings they are generally happy to pass onto their customers.

Move to the Suburbs.

Living in the city can be dangerous for your car, and insurance carriers know that. Move to a suburban or rural area with less vandalism and theft for lower rates.

Drive Less.

The less you drive, the less you pay in insurance. Why? Simple. If you’re not on the road, you can’t get in an accident and cause your insurance company money in high cost repairs. Be sure to let your agent know if you drive less than 5,000 or 10,000 miles a year.

Get Married!

Sad, but true, young singles (especially males), pay higher car insurance rates, than their more mature, married counterparts.

Drive Carefully.

Nothing will cause a boost in your insurance rates faster than a poor driving record. Accidents, tickets and DUI’s are all reported to your insurance company, leading to a rise in rates with the next bill.

Pay Your Bills Promptly.

Many insurance companies are now considering a customer’s “insurance risk score,” that is determined by their credit score to determine their individual premium rate.

Ask About Discounts.

Every insurance company offers a variety of drivers discounts including:

-Multi- premium discount (given to people with more than one type of policy with a single company – ie: homeowners, car, life insurance).

-New vehicle safety discount – the newer the car, the more safety features it generally has, which can lower damages costs in the event of an accident

-Anti-theft discount

-Good student discount – this discount is usually offered to honor students in high school and college

-New business discount

-Defensive driving discount – take a defensive driving course and obtain a rates reduction

-Accident-free discount – most insurance carriers offer periodic discounts for every year that you remain accident-free

-Loyalty discount (often given to long-term customers for 10 or more years of service)

-Multi-car discount – the more cars your family insures, the lower each individual premium should be.

Be sure to ask you agent about discounts that may apply to you.

By: Matt Hick