Cheap Car Insurance
As we all know, we are obliged by law to be insured when driving a car. Sadly many people (including myself until recently) spend thousands of dollars too much over the years on these insurances, since the cost of comparable coverage between different suppliers varies wildly.
In this guide I’m going to show you how to pay the very minimum required by law, in just 10 steps.
1. Start off by getting as many quotes as possible. Get at least four different quotes, you’ll be surprised by the differences.
2. Include at least two quotes from internet-based companies, they tend to be very competitive because of lower cost structures. But stick to larger outfits, the others might not have the backbone to help you when you need them.
3. Select a higher than standard deductible. The deductable is the amount of money you need to pay in the case of an accident. Increasing this from $250 to $1000 (most insurances have a default $250 deductible) will get you a discount of up to 50%. If that seems a big risk, then think of the following: if the discount is nearly as much as the deductible itself, you hardly lose any cash in the total sum, even if you have an accident!
4. Review your Policies annually, your insurance company might “forget” to improve your premium even if you have driven accident-free the last year.
5. Take family members off the insurance, if you have family members that occasionally drive your car, they are insured anyway.
6. If you are driving an old car then you can drop the collision rate, this is especially important if the car is worth the same or less as the deductible + the monthly insurance.
7. Ask for Discounts, this is the easiest way to get cheap car insurance: just ask for it. Also ask for the upcoming discounts.
8. Read your policy thoroughly, many insurance companies try to include little additions that seem harmless, but, summed up, actually add significantly to your monthly cost.
9. If you are a couple try to put the insurance on the women’s name, it is proven that women make fewer accidents than men so insurance companies charge women less.
10. Lastly include combinations:
Insuring your house and your car at the same insurance company can save you from 10% to 15%
Raising the deductible, look at number 3. This can result in up to 50% discount.
If you insure 2 cars at the same insurance company you can save another 10-15%.
Dropping collision rates can also take off another 15%.
To Download My Amazing “9 Steps To Saving Money On Your Car Insurance Blueprint Enter Your Details Here!