Affordable Auto Insurance -- 17 Time-Tested Tips For Paying Less (Pg 3)
With those 12 tips so far you are definitely equipped to get affordable auto insurance. Let's touch the remaining tips for this article...13. Folks who ignorantly buy either collision or comprehensive coverage or both for an old car that isn’t considered a classic are simply pay far more than should. This is because you are compensated based on what is called the Kelly Blue Book value of your car at the time you make a claim.
You'll get nothing if the book says your car is worth nothing at the time of a claim. So stop wasting your money. Once your car becomes old, drop collision and comprehensive coverage on it. If you do this you'll pay a lot less.
14. Electronic Funds Transfer (EFT) is a painless way to reduce your rate. This process authorizes your bank to credit your insurance provider with your premium payments without any intervention from you until you stipulate to the contrary.
This saves costs by eliminating the need for payment notices or checks. Your premium is therefore brought down to reflect the cheaper cost of giving you insurance.
15. Drivers who don't make claims for over three years usually get a special discount for this. But bear in mind that not all insurers offer this discount. Your agent should be made to understand your dissatisfaction with their refusal to offer you such a discount and don't fail to point out that you may leave for another insurer.
Believe it or not, every insurer likes having people who stay claims free for this long as policy holders and you shouldn't have any difficulty getting better rates with a host of other insurers.
And, believe it or not, your insurer is likely to shift grounds if they see you're really serious about leaving.
16. You'll also get a reasonable discount if you have more than one policy with the same insurer. This simply means you should endeavor to buy your auto policy from the same company that provides your home, health or life insurance policies.
However, bear in mind that you may be better off if you buy your different policies from different insurers who offer the best rates for each policy.
Do some research with quotes sites and then discuss with your agent. You'll be sure of the best choice in your case if you do this.
17. Take it upon yourself to ask your agent about all the discounts available to you with your preferred insurance carrier. Since agents too are not above mistakes they might forget to tell you about some discounts you are eligible for.
You will know simply by telling your agent that you want to be sure you have been told about every discount possible for your profile. You might have a very pleasant surprise!
Here's one you shouldn't miss...
You will easily some hundreds of dollars by simply getting and evaluating quotes from at least five quotes sites. And, it will take only about 25 minutes on the whole.
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