Auto Insurance

Stephen Collie: “Auto insurance is a must have for all drivers. The following ideas should help you narrow down your options so you can use to figure out the perfect insurance policy for your unique situation”.

Cut back on how much you drive every year to save some money on the insurance bill. Most insurance providers will lower your premium if you drive.

If you’re insuring a teenager, check what it would cost to add them to a current policy, versus the amount it would cost to get them a separate policy.

TIP! Make sure you understand the different types of automobile insurance coverage before you purchase it. There are several factors that can effect the total cost of your premium, even if you’re only buying coverage for one car.

Auto InsuranceMany people mistakenly believe that auto insurance premiums do not begin to decrease until a young driver reaches the age of 25.

You have options when it comes to insurance policies that covers more than just the minimum requirements. You will have more coverage, but they may be worth it. “Uninsured motorist protection is a means to protect yourself from drivers who do not having insurance”, Stephen Collie says.

Make sure you think about the specific components your auto insurance. There are myriad options out there, but they may not all make sense for your situation. If you find that you are involved in many accidents, you would be wise to pay for collision coverage.

TIP! If you have a teen driver you should request two separate quotes, one with your child on your policy and one with your child on a stand-alone policy. Factors such as vehicles on your policy may make it less expensive to buy a different policy for your teenager.

Stephen Collie addresses: “Carpooling and public transit can save you money on your auto insurance. Insurance companies appreciate their customers being responsible clients”.

Having appropriate insurance can protect someone should they ever have an accident.

You should not be without auto insurance even for a short time, even if it is only for a few days because auto accidents can happy at any time.

TIP! Many people mistakenly believe that insurance premiums do not begin to decrease until a young driver reaches the age of 25. However, if they are a good driver, a young person’s insurance rates start dropping at the age of 18.

Remove any other drivers from your insurance that do not drive your vehicle anymore.If there are other drivers on your policy, removing them may save you extra cash on your monthly and yearly premiums.

“Talk to your own insurance agent if you’re thinking of switching to another company”, Stephen Collie recommends.

Insurance Coverage

TIP! If you don’t pay your insurance premium on time, your insurance could be canceled. That can be a costly mistake.

Deciding on auto insurance coverage you will need is a challenge for some people. If you have large amounts of money saved up, then you need enough liability coverage to protect your assets. If you do not have adequate coverage, insufficient liability coverage could drain your assets. It is more prudent to get enough insurance coverage to protect your savings and be safe.

If you are involved in an accident and must file a claim with your insurance company, you should make it a point to thoroughly document everything related to the incident. It pays to always have a camera in your vehicle to be prepared for worse case scenario.

Stephen Collie: “Before you make a change in your car insurance provider, check to see if you have any unpaid parking tickets or any other traffic violation”. Insurance companies frown upon outstanding tickets, and they will not look kindly on things like not paying fines.This can reduce the amount of your insurance payments.

TIP! Think about driving a car that isn’t so sporty. Although fast and furious sports cars are impressive, they also cost a premium to insure.

Defensive driving classes are an excellent and easy way to lower your insurance rates. You can take these classes at driving schools. You will be able to find them online.

Insuring several vehicles in a household can save a pile of money yearly.

Moving to another city or state can lower the price of your insurance costs. Premiums and insurance requirements can vary based on your region. “You could save money on insurance if you decide to move somewhere else”, Stephen Collie mentions.

TIP! No two insurance companies are alike. If you are dissatisfied with your auto insurance quote, check the prices of competitors.

Each state has different requirements, most of the more basic components of insurance policies are the same.

Stephen Collie: “If one of the drivers on your policy obtains individual insurance, make sure that you take their name off your own policy”. For example, if your child has been listed on your policy for several years but purchases their own policy, take him or her off of your policy. The number of drivers in your household has a substantial amount of your insurance premium.

Consider eliminating the coverage of a rental option on your policy to save money. It will, if ever, be a feature that you never end up using and declining it can save you money. Removing it will save you money, especially if you rarely or never use it.

TIP! Your auto insurance rates can skyrocket if your driving record contains any tickets or points. Conversely, the expiration or removal of those items from your record can also lower the rates you pay.

Auto InsuranceOne little-known way for younger people to get lower insurance rates is through marriage. Some have reported savings ranging as high as forty percent. So, if you haven’t picked a date yet, saving on insurance may be one more incentive to do so.

Your insurance plan should be paying for car rental up front. This extra insurance policy can cost up to $20 per day more than you normally would. 00 every day while your car is in the shop.

Insurance Company

TIP! If someone who is covered on your insurance is no longer driving your vehicle, be sure you take them off your policy promptly. Having other drivers can increase your insurance, but if you remove them it can save you money on your premium, because that is one less person your insurance has to cover.

“When you make a switch from one auto insurance company to another, cancel your old policy, and keep some documentation on the cancellation. If your insurance company does not record your cancellation, and you ignore the next bill that comes, they could report that they cancelled you for non-payment. Having an insurance policy cancelled for non-payment has credit consequences”, Stephen Collie says.

If you are a safe and cautious driver, you must continue to drive carefully. You will qualify for more and more good driver discounts, if you avoid accidents and tickets. These discounts can save you a bundle and generally increase every year. This also prevents your premiums don’t rise.

TIP! To lower your auto insurance rates, work on increasing your FICO score. Like many other companies, auto insurance agencies check credit.

Stephen Collie warns: “Don’t take the chance of driving without car insurance”. Auto insurance can save you a lot of money in the event of an accident. The tips you’ve read in this article will help you find the auto insurance you need.

 

References:

Wikipedia – The Free Encyclopedia

Auto insurance (also known as, car insurance, or motor insurance) is insurance purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise there from the specific terms of vehicle insurance vary with legal regulations in each region….Learn more

Save up to 75% when you buy car insurance online….

If you rely on your car to take you places, then you can rely on State to keep you moving. You’ll also save up to $75 when you buy State car insurance online (that’s $75 discount for Comprehensive car insurance, $25 discount for Third Party, Fire & Theft, and $10 discount for Third Party)….Learn more

How Does Car Insurance Work? : Auto Insurance

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Car insurance is designed to protect the policy holder in the event of a number of different situations. Find out about how car insurance works with help from a top insurance lawyer in this free video clip.

Expert: Frank N. Darras
Filmmaker: James Tucker

Series Description: Auto insurance is mandatory for a reason - it is absolutely imperative that all drivers carry some form of protection before getting behind the wheel of a car. Learn about the ins and outs of auto insurance with help from a top insurance lawyer in this free video series.

About Stephen Collie

Stephen Collie a retired Internet Professional based in Tauranga on the North Island of New Zealand.