7 simple Ways To Slash Your Auto Insurance Costs

Here's 7 simple ways to get the most insurance deal. 

* Multiple Quotes 

Get numerous quotes - use the web and call a few brokers. It's very easy to  gather some great comparison quotes. 

Keep in mind to get different types of quotes e.g one from direct sell insurance company; another from offline broker who keeps a database of quotes; and a couple from the web. 


Least expensive might not mean best. but'll they payout if you make a claim ? How reputable ? How legitimate ? Check around with family and companions, and search for online reviews. 

* Different kind of car 

Insurance costs depending on car type. Clearly, that $150k sports show costs more than your normal runabout. if you're wanting to purchase another new car, check insurance costs before you purchase. 

* Good Driving Record 

A good driving record dependably reduces your insurance costs. Keep a perfect drivers license. Try not to speed, don't drive dangerously, and you will save cash (aside from other benefits !) 

* Age and Value of Car 

Maybe you are purchasing a use car? Maybe your auto saw better days a couple of years back, but now values much lower ? So why pay for expensive auto insurance ? In particular, do you still require a fully comprehensive coverage ? 

A good general guideline increases insurance premium by 10, now compares that figure and your auto value. So if you are quoted $2000 premium and your car is worth less than $9,000 you might need to think if comprehensive represents great value. if you drop collision or comprehensive coverage, you can get bigger savings. 

* Higher deductibles (excess charges) 

Most car insurance organizations use deductibles to hold policy cost down. Deductibles or excess charges, show what you pay before your car insurance policy kicks in. Try asking for quotes with various levels of deductibles, and see how your quotes shift. 

Most web quote forms contain a box where you can indicate favored level of deductibles. Ask your broker his suggested level. For instance, going from $200 to $400 deductible can slash your insurance costs by at least 20%. or more Go to $2000 and you could save a lot of money. but you will pay the deductible if you have to make a claim ! 

* Multiple Insurances 

I guess this may come under the 'Get Multiple Quotes' heading, yet it is still worth saying separately. You generally get a insurance break if you purchase different policies with the same insurer. 

This may mean multiple vehicles, or auto insurance and homeowner. Whichever way it's worth getting some information about multi-policy discounts. 

* Low Mileage 

An ever increasing number of people work at home. No more commuting. Less business trips. Low mileage on your auto. Possibly you do travel to work, but car pool ? 

In any case, search for low mileage rebates. 

This my short write-up covers the things you should consider when shopping for auto insurance. Take after these tips and you'll cut your your auto insurance costs.
7 simple Ways To Slash Your Auto Insurance Costs 7 simple Ways To Slash Your Auto Insurance Costs Reviewed by mininely on 16:14 Rating: 5
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