Buying Car Insurance Tips

Read these 4 Buying Car Insurance Tips tips to make your life smarter, better, faster and wiser. Each tip is approved by our Editors and created by expert writers so great we call them Gurus. LifeTips is the place to go when you need to know about Car Insurance tips and hundreds of other topics.

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Affordable Auto Insurance

Believe it or not there is affordable auto insurance that is available to you without looking too far. Many insurance companies will offer a discount on your auto insurance if you meet certain criteria including a Good Student Award. The Good Student Award is a discount that is given to the parents of a Honor Roll Student to help them save money on their child's insurance policy.

The next savings on your auto insurance policy could be a Multiple Vehicle Savings. This type of savings can be a substantial and in some cases can save you as much as 20 percent on your overall insurance policy. Most insurance companies will insure your vehicles, camper, trailer, land and home, you will just need to double check with your company to see what they have to offer.

You may also have the ability to save on your auto insurance policy by cutting down on the amount of vehicles that you currently own. By eliminating a vehicle you may reduce the amount of savings you are earning but overall you will saving more in the end by getting rid of a vehicle.

There are substantial savings plans in place to save you the money on your insurance policy, you may give your insurance agent a call to discuss your options.


Some Things To Know Before Buying Car Insurance

When buying car insurance, it can be confusing so it is best to remember a few things before you start shopping for a car insurance policy.

First, you need to make sure that you know the requirements for your state, these do vary from state to state. It is important to ensure you have the minimum insurance required by law to cover yourself.

Second, you should familiarize yourself with the different kinds of car insurance before you call an agent. It is easy to go online and read about different kinds of insurance available, like collision, liability and comprehensive.

Third, it is always best to shop around for the best car insurance prices. This being said, you should always call around or request for free quotes online. A good idea is to get no less than 3 different quotes. This allows for a good comparison.

While obtaining quotes, it is a great time to ask the agent if there are extra perks for choosing their company. Some companies will offer discounts for vehicles that have certain safety features or for insuring multiple vehicles. Other discounts offered, if any, will depend on the company.

Along with the discounts, some companies offer incentives to their customers. All of these things can be factors in determining what car insurance company that you choose.


How Do I Lower My Insurance Costs?

If you have an insurance policy you are probably looking for tips on car insurance to lower that number and make your auto insurance less of a strain on your budget. There are always ways to improve your auto insurance premium. Here are some tips on auto insurance to help you lower those costs.

  1. Stop getting into accidents. It may sound like a joke, but if you feel like you are cursed with high auto insurance prices no matter what you do, stop changing the radio station in the car, pay more attention to the cars around you, and make a real effort to be a safer driver.
  2. Improve your credit score. No one likes having a credit check for car insurance, but studies show that people with poor credit get into more accidents. No one knows exactly why, but facts are facts. Improving your credit score overall can help when you shop around for your next auto insurance quote.
  3. Stick around. Many companies offer discounts or other perks (like accident forgiveness) based on being with the company for a certain length of time. Find out what these perks are and then decide if it is worth it to you to stay with them that long.
  4. Don't let your insurance lapse. Not having insurance will make your insurance more expensive. Companies like getting paid, and car insurance companies are no different. Pay your bill and keep your insurance current. After having a year of continuous coverage companies are more likely to give you a better rate.


Auto Insurance Buying Tips

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:

  1. 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.
  2. 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.
  3. 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.

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Joe Wallace