To what extent have you gone in taking steps to get the lowest rates? Did you just stop at the few tips you learnt then? Won't you like to get more tips if that will imply saving even much more? Then check if you've thought of the following...
An option for you is to use your parents' car insurance policy. If you're of driving age, then your parents certainly are far above twenty five years which means they're better risk drivers.
You have to bear in mind, though, that the vehicle must be registered in their name and you must be living with them if you want to use this option. This means that by law they own the car. If the benefits of "independence" outweigh your car insurance savings then this is certainly not an option for you.
Have you checked if your credit card company offers rental car coverage? A good number of credit cards give you an automatic rental car insurance coverage once you use them to rent a vehicle. Therefore, to ensure you do NOT pay more for unnecessary coverage, check.
We all are aware of the fact that no age bracket pays as much for auto insurance as the under-25 age group. If you fall into this age range you can get lower rates if you maintain good grades at school. They call it the good student discount.
You need to maintain a grade point not lower than B to get this good student discount. This will slash off as much as five percent from your rate once you qualify. This discount is given because insurance providers believe there is a connection between good grades and a young driver's composure behind wheels. It's difficult to meet reckless under-25 drivers who keep getting wonderful grades.
For those who are over 55 years of age, you can take advantage of a drivers' refresher course. You can lower your monthly premium by as much as 10% once you pass this course. Ask your agent about your insurer's position on this and how to go about it.
Under-25 drivers get higher rates than any other age group. Even in this age bracket, a 23-year old driver will pay much less than a 17 year old all other things being equal.
This means that you'll help keep your rates down if you do NOT have a teen driver on your policy. It will have an adverse effect on your rate. Your teen driver should have his/her own policy. This will be made possible if you sign an exclusion form.
If a teen is keen on driving then then should be made responsible for at least the cost of their auto insurance. An addition argument in favor of this is that your teen will be more willing to take measures to reduce what he or she pays. This by extension means that such a teen driver will be more responsible behind wheels since they bear the full cost of their actions.
Add-ons like towing raise your premium without giving you as much value as using a towing service. Have you checked to see if your credit card doesn't already offer this as added value?
Even if yours does NOT add this kind of service, a dedicated towing service from a third party will serve you better and save you more than adding towing to your auto insurance policy.
You might not be enjoying some concessions you are eligible for with your preferred insurer simply because you are not aware of them. It's possible that your agent did not remember to tell you about some. You will lower the probability of this happening to you if you take the pains to ask your agent seriously to tell you about every discount that is obtainable. You might get a really pleasant surprise!
Finally...
You can save a lot of money in auto insurance if you obtain and compare auto insurance quotes from insurance quotes sites. You'll realize savings if you use only one of such sites. However, you'll get better results by visiting at least five.
The simple logic in this is that you'll receive many more auto insurance quotes from a wider range of insurance companies. This increases your chances of receiving better quotes.
An option for you is to use your parents' car insurance policy. If you're of driving age, then your parents certainly are far above twenty five years which means they're better risk drivers.
You have to bear in mind, though, that the vehicle must be registered in their name and you must be living with them if you want to use this option. This means that by law they own the car. If the benefits of "independence" outweigh your car insurance savings then this is certainly not an option for you.
Have you checked if your credit card company offers rental car coverage? A good number of credit cards give you an automatic rental car insurance coverage once you use them to rent a vehicle. Therefore, to ensure you do NOT pay more for unnecessary coverage, check.
We all are aware of the fact that no age bracket pays as much for auto insurance as the under-25 age group. If you fall into this age range you can get lower rates if you maintain good grades at school. They call it the good student discount.
You need to maintain a grade point not lower than B to get this good student discount. This will slash off as much as five percent from your rate once you qualify. This discount is given because insurance providers believe there is a connection between good grades and a young driver's composure behind wheels. It's difficult to meet reckless under-25 drivers who keep getting wonderful grades.
For those who are over 55 years of age, you can take advantage of a drivers' refresher course. You can lower your monthly premium by as much as 10% once you pass this course. Ask your agent about your insurer's position on this and how to go about it.
Under-25 drivers get higher rates than any other age group. Even in this age bracket, a 23-year old driver will pay much less than a 17 year old all other things being equal.
This means that you'll help keep your rates down if you do NOT have a teen driver on your policy. It will have an adverse effect on your rate. Your teen driver should have his/her own policy. This will be made possible if you sign an exclusion form.
If a teen is keen on driving then then should be made responsible for at least the cost of their auto insurance. An addition argument in favor of this is that your teen will be more willing to take measures to reduce what he or she pays. This by extension means that such a teen driver will be more responsible behind wheels since they bear the full cost of their actions.
Add-ons like towing raise your premium without giving you as much value as using a towing service. Have you checked to see if your credit card doesn't already offer this as added value?
Even if yours does NOT add this kind of service, a dedicated towing service from a third party will serve you better and save you more than adding towing to your auto insurance policy.
You might not be enjoying some concessions you are eligible for with your preferred insurer simply because you are not aware of them. It's possible that your agent did not remember to tell you about some. You will lower the probability of this happening to you if you take the pains to ask your agent seriously to tell you about every discount that is obtainable. You might get a really pleasant surprise!
Finally...
You can save a lot of money in auto insurance if you obtain and compare auto insurance quotes from insurance quotes sites. You'll realize savings if you use only one of such sites. However, you'll get better results by visiting at least five.
The simple logic in this is that you'll receive many more auto insurance quotes from a wider range of insurance companies. This increases your chances of receiving better quotes.
About the Author:
To learn more go to Low Cost Auto Insurance and Discount Auto Insurance. Chimezirim Odimba is an insurance expert.
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