A Little Work Pays Off BIG!

Here are 4 tips on ways to get a cheap car insurance quote. If you’re paying through the nose for car insurance online, it’s your OWN fault! Let’s face it, buying car insurance is not only mandatory, it’s smart personal business. However, just because you have to buy it, doesn’t mean you have to pay more than you should..

1. Shop around

Get at least three annual premiums, before you push the ” I accept” button. Many auto insurance companies offer the same products. Some of the more recognized brands have a much higher advertising overhead. Superbowl ads don’t come cheap. Those costs get passed on to you.

You can find a cheap car insurance quote among companies you may not recognize right away, but are just as good at handling claims as the big boys. If you would like to feel better about a less well known company, go the the National Association of Insurance Commissioners web site, where you’ll find each states insurance commission web site. You can find out about any complaints lodged against auto insurance carriers, as well as rate comparisons on file. A lot of the companies with a cheap car insurance quote have the best service records.

2. Check out insurance costs

Before you buy a car, check the rates. The year, make and model can play a big role on your affordable car insurance rate. Those expensive autos or sports cars cost more to insure than their plainer brothers and sisters. Also, you could still find a big difference, even when shopping among similar cars, depending on features.

If you’ve got it narrowed down to a few models, it still pays to shop around for the cheapest car insurance quote. Those anti-lock brakes and side air bags on one model, and not on another, might save you as much as 10%. In the auto insurance racket, those percentages add up to big bucks.

3. Raise your deductibles

Consider upping your deductibles, especially if you’re a safe driver. In a way, you are self insuring on the first part of a repair bill with your deductible. Many times, you can save substantially on rates. By going from a $250 deductible to a $1,000, you may save as much as 25% on your cheap car insurance quote.

Set aside some of these savings to cover your costs… IF you have a claim. If you don’t have any claims, that savings goes right in your pocket.

4. Dump your collision

Think about canceling your collision or comprehensive premium on older cars. If you’re car is older, but still reliable, you may be paying for more in comp/collision than it’s worth.Take your comprehensive and collision premiums and add them together, then multiply that number by 10. If your car is worth less than the total, drop your coverage. It isn’t worth it.

Worried about your exposure? Remember that the typical insured motorist only makes a claim once every 11 years, and totals a car once every 47 years.

I hope these four tips have given you something to think about. I believe in insurance of all kinds, but I can’t stand paying inflated premiums. A cheap car insurance quote makes my day!

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