Auto Insurance Buying Tips
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Buying Car Insurance and other Car Insurance topics.
Whether you are looking for state law required car insurance to keep you legal or full coverage insurance with all the bells and whistles included like rental and roadside assistance coverage, here are some tips on finding car insurance that can help you make the best decision:
- If you're looking for tips to lower car insurance costs, consider lowering liability coverages or raising deductibles. Both of these will lower the overall price of your auto insurance. Just make sure when you lower liability coverages or raise your deductibles you aren't putting yourself in a position where you are in financial ruin if you do get into an accident. Usually a top ten entry on a list of tips for saving on car insurance will also include paying the six-month premium in full. Most companies offer a discount for paying in full and add payment charges for paying your premium monthly.
- Tips on buying car insurance for teenagers are less common, but the best thing you can do is to get your teen a car that isn't worth a lot.
- Auto insurance buying tips should also include seeing if there is a defensive driving course for you or your spouse that could lower your premium. Adding a homeowner policy through the same company can reduce the prices on both policies.
There is a lot of car insurance information to sort through, but knowing what you are looking for and making sure to read up on auto insurance tips and tips on buying auto insurance will make your purchase a lot easier.
2/20/2012 1:38:26 PM
I couldn't get past tip 1 of this post! Lower your liability coverage means increasing your risk of someone coming after your personal assets. If you have nothing, then you may want to consider lowering your liability limits, however, if you have any assets at all, do NOT just blindly lower your liability limits without talking to an expert about what your personal exposure may be!