Getting Low Auto Insurance Rates – Cheap Car Insurance Policies

admin — Fri, 30 Jul 2010 09:22:01 +0000

First of all, avoid being in an accident. Having a clean accident-free driving record is a big plus for negotiating lower rates from your auto insurance company. That you are a good driver makes the risk level for the insurance company to be relatively low thereby giving you more power to make certain demands especially on lower rate considerations.

Also having a clean driving record will make you top choice and a better client to the insurance companies around.

You should endeavor to understand some of the value added services that auto insurance companies provide. Most times, these services help you save both time and money. A good insurance company will surely love to have smiling customers and one of the greatest means for achieving this is to increase service value while maintaining price points or even lowering the overall price.

You can save more if you have multiple policies running on the same account. For example you can have a life insurance policy, home renters insurance and your auto insurance policy all being active in the same account. This will normally prompt for a lower rate negotiation.

Insurance companies will cross check on some of your personal behaviors and habits. If you have a record of getting drunk on alcohol or excessive speeding with friends and over loading vehicles, then your record is that of a high risk for the insurance companies. Having a non-destructive record will surely give you more points for lower rates. The first step for you to get your lower rates is to get free auto insurance quotes from trusted agents online.

Where To Start?

By: Iyke Phelim

Bad Credit Auto Insurance – How to Get the Best Rate

admin — Wed, 31 Mar 2010 06:45:52 +0000

Having bad credit doesn’t make you a bad driver, but it will raise your auto insurance rates. Here’s how to get a cheap rate on bad credit auto insurance.

Bad Credit Auto Insurance

As strange as it may sound, your credit rating directly affects your auto insurance rating with some companies. Auto insurance companies have figured out that people with bad credit file 40% more claims than people with good credit.

If you have bad credit your insurance could cost you 20% to 50% more in insurance premiums than someone with good credit.

The good news is not all insurance companies use your credit rating as a factor in determining your insurance rating, and some states won’t allow insurance companies to use it. So if you’ve been labeled as a bad credit risk, or suspect you may be, you should shop around for auto insurance with other companies.

There are websites where you can get auto insurance rates from a number of A-rated companies, and also get advice from insurance professionals, absoluelty free of charge. All you do is fill out a simple questionnaire about the type of car you own and the type of insurance you want, wait for your quotes, then choose the best one. (See link below.)

Lowering Your Auto Insurance Rate

In addition to comparison shopping, here are some other ways to lower your insurance rate:

Raise your deductible – Raising your deductible can save you hundreds of dollars a year on your insurance premium. After a while the money you save on your insurance premium will more than make up for your deductible.

Drop your collision and comprehensive coverage – If you drive an older car – particularly if your car is worth less than the total of your insurance premium plus your deductible – consider dropping your collision and comprehensive coverage as repairs may cost more than your car is worth.

Consolidate your insurance policies – Purchasing your homeowners insurance (or renters insurance) and auto insurance through the same company can get you a 5% to 15% discount on your premium.

Get all the discounts you can – Insurance companies offer discounts on their policies for all sorts of reasons. Ask your agent about all the discounts you’re eligible for and take advantage of them.

By: Brian Stevens

Car insurance rate » Renters Insurance

Getting Low Auto Insurance Rates – Cheap Car Insurance Policies

Bad Credit Auto Insurance – How to Get the Best Rate