Lower The Cost Of Your Car Insuranse
ADDED
05-28-2007
Auto insuranse is a very important part of financial planning so here are some guidelines that can help to lower your costs.
Always shop around and compare costs. Talk to family and friends and find out where they get theirs. Also check the financial ratings of any company you are seriously considering.
Ask for a higher deductible. By increasing the deductible by $200 to $500 you could lower your rates up to 30%.
If you have an older car you might want to consider dropping the collision and comprehensive coverage. Chances are this coverage will amount to more than the value of the car.
Buying car insuranse from your existing insurer might help to reduce your costs. Many companies offer lower rate to their long time customers.
If you already have health insuranse you might want to leave health coverage off of your policy.
Keep your credit rating in check. Companies feel that people with lower credit scores tend to file more claims. A good credit record can decrease your car insuranse costs.
Consider buying a lower priced car. These cars are less likely to be stolen and it costs the insuranse company less money to replace them.
Consider a low mileage discount by driving the car less than the national average.
See if the company where you work can offer you a group plan discount. Also buy a car that is equipped with safety devices such as anti-lock brakes and air bags. |
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