stock market technical analysis: Auto Insurance - 8 Ways To Lower Your Auto Insurance Costs

Auto insurance is a necessary expense for most of us. Despite seemingly increasing every year, very few of us stop to see if there are ways we can reduce the cost of our auto insurance. One of the best ways to keep your auto insurance costs down is to have a good driving record. Here are eight additional ways you can start saving money on your auto insurance.
1. Shop around
Do not settle for the price that your insurance company wants to charge. The auto insurance rates vary from company to company, so it pays to shop around. Get at least three price quotes. You can call companies directly or access information or if you do not want to deal with insurance agents, the use of the Internet to get multiple quotes.
Do not shop price alone. Ask friends and relatives for their recommendations. Contact your insurance department in your state to see if they offer information on consumer complaints by company.
2. Compare insurance costs when buying a car
Before purchasing a new or used car, check into insurance costs. Car insurance premiums are based in part on the sticker price of the car, repair cost, its overall safety record, and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. Look for cars that have safety features such as daytime running lights and anti-theft devices.
3. Get a higher deductible
Deductibles are what you pay out of pocket before your insurance policy kicks in. By getting a high deductible on your car insurance policy that you can reduce your costs considerably. For example, increasing your deductible from $ 200 to $ 500 could reduce your collision and comprehensive coverage cost by 15% to 30%. Go to a deductible of $ 1,000 can save 40% or more.
4. Reduce coverage on older cars
This is one of the most overlooked tactics to reduce your insurance. As your car becomes less expensive to replace, so why pay a premium for a replacement value that is more than your car is worth? A paper gold is that is that the car must be worth more than 10 times the premium you are paying.
5. Buy your homeowners and auto coverage in the same insurer
Many insurance companies will give you a break if you buy two or more types of insurance from them or if you insure more than one vehicle with them. Ask for what multi-car discounts your insurance representative offering.
6. Maintaining a good credit history
More and more insurance companies are not using credit information to help the prices of car insurance policies. So to pay your bills on time, a little more credit for what you need and keep your credit balances low as possible, are tactics that can help you get an auto insurance quote lowest.
7. Ask about Group Insurance
Some insurance companies offer discounts to drivers who get insurance through a group plan from their employers, professional and business associations, and other associations (such as AAA). Look associations and clubs they belong too and see if any of them offer discount auto insurance.
8. Search for Other Discounts
Ask your insurance company for a list of all the different types of discounts they offer. You will be amazed at the discounts that are available today on auto insurance. They range from discounts to be in the military, students and people who have had accidents or tickets in a number of years.

stock market technical analysis

Wednesday, November 21, 2012

Auto Insurance - 8 Ways To Lower Your Auto Insurance Costs

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