Discount Auto Insurance
Tips For Getting And Keeping Discounted Car Insurance
By Alan Rochford
Stay Current On Your Premiums
Even if you initally qualify for discounted rates, you won't be able to maintain those great rates if you don't keep current with your premium payments. This may not be much of an issue if you are only a little bit late on occassion as most car coverage providers usually give their clients a grace period. However, the exact period is dependent on the insurer as well as the guidelines they are governed by. But miss too many payment due dates and you may not only lose your great rates, they may drop you altogether.
Buy Adequate Coverage But Not More Than You Need
Consider the age of the vehicles you're putting on your policy. If you have an older car that is worth less than a grand, do you really want to pay for collision and comprehensive coverage on it? It might be better to just "self insure" to replace the car since the insurer is only going to reimburse you for the actual value of the car in the event the car is "totaled".
Don't Be A Lead Foot
No doubt about it. It's hard to qualify for discounted premiums when you're driving record has been dinged by speeding violations and/or other traffic citations, especially if you were the cause of an accident. So buckle up and watch that speed limit. They're not only good safety measures, they'll help you qualify for reduced rates.
Maintain A Good Credit Rating
Did you know that not only do car insurance underwriters use personal data such as your gender, age, and driving history in calculating your premiums, but that they also take into account your credit history? They figure that those who are responsible in their personal finances are probably more likely to be responsible drivers as well. It makes sense, doesn't it? So do your best to keep on top of all your bills, not just your car insurance premiums.
Do Your Homework
There are many other criteria that go into calculating your rates. Read our "Buyer's Guide to Cheap Car Insurance" for many more factors that you will want to keep in mind as you try to qualify for discount car insurance
. The Insurance Information Institute provides a wealth of tips on how to save money on your premiums as well.
Compare Quotes From Reputable Carriers
Of course, at the end of the day, you still have to actually get and compare quotes from reputable insurers. You want them from names you know that have a solid track record of being there when claims are filed. You will no doubt be aware of top auto insurance discounters such as Progressive Insurance, GEICO Direct, 21st Century Insurance, Travelers, Allstate, Nationwide, and others. Many such top carriers are among the companies you will be comparing rates from when you use our quote comparison service. It takes just minutes and there's never any obligation. To begin, enter your zip code below...