10 Ways to Save Money Big on Auto Insurance

10 Ways to Save Money Big on Auto Insurance - Car insurance can make a big hole in your pocket. Insurance premiums vary greatly between companies, agents or agents, brokers, and of course the brand of car you own and your credit rating. To pay for lower insurance, you must:

1. Always maintain a good driving record.
2. Never accept the first estimate you receive. Be discreet and check comparisons of different insurance providers on your state's department of insurance website or call them. Their addresses and contact numbers can be accessed from the consumer action website Be sure to get competitive quotes from different insurance providers. Contact a provider that is highly recommended by people you know well. Keep your peace of mind by checking the company's financial stability with a rating company like A.M. Best as well as on forums and blogs.
3. Complete a market survey well before you choose a car manufacture and make a comparison table of insurance and other hidden costs. Find out which features increase insurance premiums and which reduce premiums. For example, if parts from a particular brand are hard to find or expensive, the car will have a large insurance premium, and installing anti-theft devices or additional brake systems will lower insurance premiums. Many questions are answered by the Insurance Institute for Highway Safety at .
4. Choose to have a higher deductible this will reduce the load by at least 15-25%. But first look at your finances and determine if you can set aside US$200-US$1000 on a regular basis to create an emergency vehicle fund.
5. Consider using insurance from the same company you cover for your home, accident, or life. Many companies offer concessions to clients who have more than one type of policy. Known as multi-policy discounts, this can work in your favor.
6. Most policies are based on your personal credit record. Having an unwavering credit history can lower costs. Pay bills on time, don't take advantage of too many loans, and make sure your credit balance is as low as possible.
7. Avoid duplication of medical coverage. Find out if eliminating medical coverage in auto insurance will reduce your premium or personal injury protection costs. In some places the reduction is up to 40%. So, if you have adequate health insurance, you can weigh the pros and cons of eliminating this in auto insurance.
8. Find out if insurance premiums depend on where you live. Sometimes living in a rural or suburban community compared to the city center can save you a lot of money.
9. Take advantage of discounts such as low risk careers, low mileage, taking public transportation to work, car collection, no offense or accidents, taking defensive driving courses, following safety rules and regulations, or having children studying far away.
10. Use the offered deduction to insure more than one family car. Many companies have special offers for corporate organizations, club members, professional groups, alumni groups, or clubs.

Take the time to make big savings. Check all parameters and mark areas where savings can be made. The market is competitive and you can be the beneficiary.