Posts Tagged ‘cheap auto insurance’

Need Really Cheap Full Coverage Auto Insurance

Published by author on May 26th, 2009 - in Comprehensive Insurance

Reader’s Question:

This is quite a simple question – how can I get cheap and I mean really cheap full coverage auto insurance? I would really appreciate it if you could give me tips that are within my control. Thank you!

Aurora

Boise, ID

Hi Aurora! So for you to get really cheap auto insurance here’s what you should know:

  • Get higher deductible. Instead of getting a deductible for $200, it would be better to get $500 or even $1000 to save more on your insurance premiums.
  • It’s time to start cleaning up your credit score if you need to. Why? because your credit score affects your auto insurance rates too. The better your credit score is, the better insurance rates you will get.
  • Drive an inexpensive car. If you are fond of driving fancy cars, then your auto insurance rates will be astronomical. In the opposite driving an old and cheap vehicle will save you a lot on your insurance premiums.
  • Assuming you are driving an old vehicle, removing collision coverage could help you save more too.
  • If you have health or home insurance then it would be better to get auto insurance policy from the insurance providers you have for your home and health insurance.
  • Shop around. I guess you have an access to the Internet, so start shopping for insurance quotes. That’s your best shot in finding the best auto insurance deal. Just make sure you know how to compare auto insurance quotes the right way.

I would recommend you start shopping for your auto insurance quotes now so you could start finding the cheapest insurance deal as early as now. Good luck!

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Need To Get Cheap Auto Insurance

Published by author on May 26th, 2009 - in Need auto insurance

Reader’s Question:

I’m a teen driver and I am well aware that teen auto insurance rates are astronomical. Can I still get insurance policy that is within my budget? Help is badly needed here. thanks!

Regina

Tallahassee, FL

Although teen auto insurance in most cases can really be expensive, there are still ways to get cheap teen auto insurance so you don’t have to worry that much Regina.

For one, you must remember to drive carefully at all times. As you see Regina, the reason why insurance companies set higher insurance rates for teen drivers is because teen drivers are high risk drivers. Why? It’s because teens do not have enough experience yet on the road. So oftentimes, they are involved in accidents. So as much as possible, do NOT even think about getting traffic tickets under your name and worse, even getting into an accident. In the long run, insurers will lower your insurance rates if your driving records will stay clean.

Another, make sure that you aim for an average of 2.0 or higher because this will significantly help you get lower auto insurance rates.

Also, if you still haven’t decided on the kind of vehicle you will be operating then this is the right time. Get a vehicle that is inexpensive. This will also lower your auto insurance rates.

Plus, consider increasing your deductibles. It would be better to get a deductible of $1000 instead of $500 because this could also lower your insurance rates.

Lastly, do NOT consider buying your own insurance policy yet. If you can be added under your parents insurance policy, the better. You would get lower insurance rates for that.

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What Causes Your Car Insurance Premium To Increase

Published by author on May 26th, 2009 - in Auto Insurance Saving Tips

Reader’s Question:

I was wondering how car insurance is calculated by insurers and if you think it would be possible to know your rate based on the information to determine how much or how little a rate may be for a certain individual?

Marion

Philadelphia, PA

Car insurance companies base their calculation on statistics regarding your likelihood to get involved in an accident. These data are acquired by your carrier from government and private sources. Companies will usually classify your risk as:

Preferred: you are least likely to meet a road accident or other incidents that result to damages on your vehicle.
Standard: while you aren’t the safest motorist in town, you are not that awful either.

Non-standard: this tells you to be more cautious with your car because you are very likely to file a claim, something that nobody really wants.

So now you are wondering how come your company thinks you are prone to vehicular accidents. Take a look at the factors below that affect your car insurance rating:

Age

All insurance carriers charge teens higher than more experienced drivers. Statistically, drivers above 25 years old have less accident records than drivers under that age. Drivers aged 50 to 65 are rated the cheapest in relation to age. It is unfortunate that car crashes are the top cause of death for teenagers, especially 16 year-olds.They are three times more likely to engage in a fatal accidents.

Gender

Car insurance carriers are not gender biased-it’s pure statistics. Female drivers meet lesser accidents than male, plainly because males drive 60%-65% more.

Marital Status

Married drivers are granted lower rates because they have lesser claim statistics.

Geography

Car insurers do look into police records, or at least not literally. They charge higher to customers who reside in areas that are prone to theft, fire, and other non-collision related damages.

Vehicle Usage

Cars used for business, e.g. product delivery, are given more expensive rates. The opposite is true for cars used solely for leisure. This is because they are least used and the probability for accident is lesser. Therefore, your work will affect your rating.

Other variables for your car insurance premium are:

  • Vehicle type, make, and model: more expensive means higher rates
  • Education: its pays to take advance driving courses
  • Distance from home to work
  • Years of driving experience
  • Credit record: pays to have a clean one
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Cheap Auto Insurance

Published by author on May 21st, 2009 - in Need auto insurance

Reader’s Question:

I noticed that auto insurence continue to rise over the years here in Texas. How can I keep up with it and still get cheap auto insurence?

Matthew

Plano, TX

Auto insurance keep on rising but you could reduce your financial suffering if you do the following:

Shop Around
Auto insurence fees for the same exact coverage could differ by hundreds of dollars so it’s worth it to shop around. Visiting at least three comparison quotes sites, calling auto insurance companies and asking friends are some of the ways for you to shop around. You need to try to get as much auto insurance quotes as you can and also information about certain auto insurance companies.

Raise Deductibles
It will also help you if you raise your deductible to the highest amount that you can afford. This way, you save as much as 15 to 20% on your auto insurence payment.

Get Lower Coverage for Older Vehicles
If you drive an older vehicle, you can just drop the collision and comprehensive coverage to pay auto insurance cheap.

Look for Auto Insurance Discounts
Getting auto insurance discounts can definitely help lessen your costs so make sure you ask about this to the insurers you are considering. Some of the ways you can get discounts to pay auto insurance cheap include installing safety features on your vehicle, keeping a clean driving record, having low mileage, being loyal to your insurer, insuring all of your vehicles and drivers under the same policy, getting other insurances from the same company, etc.

Keep Driving Record Clean
Drivers that have a clean driving record pay less on their auto insurance coverage than those who have blemished records. You are considered less of a risk by auto insurance companies if you don’t have any moving violations or record of at-fault accidents.

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Need Cheap Auto Insurance Quote

Published by author on May 20th, 2009 - in Need auto insurance

Reader’s Question:

Are there things I can do to get cheap auto insurance quote?

Mark

Boston, MA

Cheap car insurance is possible. Aside from the fact that you can shop and compare the car insurance rates of different car insurance companies, there are also factors that can be controlled and can help you get cheap car insurance rate. What you need to have is the knowledge which is the controllable and uncontrollable factors.

a. Young adult drivers are more considered as risk drivers because they are more aggressive than any other group of drivers. Because of this, car insurance companies usually charge young adult drivers with higher car insurance premium.

b. Gender is another uncontrollable factor. Statistics shows that female are safer driver than men. Thus, the former group receives cheap car insurance rate.

Although there are uncontrollable factors, there are also controllable factors. Here is the list.

a. If you drive in rural areas, there is a greater probability that you will receive lower car insurance premium than those who drive in urban areas. There is a higher chance that collision and stolen cars happen in urban areas and thus the premium offered is higher to compensate for the risk. If it is feasible in your situation, move from urban area to rural area.

b. Good driving record creates good impression to car insurance companies that you are a responsible driver. In this case, they may offer cheap car insurance or discounts. Poor driving record means you have moving violation or even a single speeding ticket.

c. Sports cars are usually charged with higher auto insurance rate. This type of car poses high risk to car insurance companies because it can be driven in ways that can cause traffic accidents and crashes. If you have an old car, it will be better to stick with it.

d. There is a correlation between risk and occupation. If you work as a pizza delivery guy, there is a higher chance of being involved in an accident because you drive more often.

e. Poor credit history or no credit history at all can also increase your car insurance premium.

Factors like driving experience, business use of cars and the mileage that you drive and safety features can also affect your car insurance premium.

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Buying Car Insurance For The First Time?

Published by author on May 19th, 2009 - in Need auto insurance

Reader’s Question:

My friend told me that if a person has never had car insurance before, he/she will be given high car insurance premium. Is that true?

Jim

Portland, ME

First time buyers of car insurance are usually charged with expensive car insurance compared to those who had had car insurance for years already. The reason behind this is because of the discounts that are usually given to long time policyholders. Auto insurance companies usually provide discounts for renewing your auto insurance policy with the same insurer.

There are various factors that affect your car insurance rate. This includes the years that you have been license and insured. For example, a young driver that is buying his/her first insurance for the first time will usually receive high car insurance rate compared to an experienced licensed driver who has been under auto insurance policy for more than a year.

Car insurance companies in most states are allowed to use different factors to know the policyholder’s premium rate. The cost of auto insurance for different motorists differ, as the level of risk for the insurance companies varies.

Keep a good driving record so you can get cheap auto insurance premium in the future. You may also be able to get lower insurance premium if you enroll in defensive driving class to get discount.

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How To Get Cheap Auto Insurance

Published by author on May 16th, 2009 - in Need auto insurance

Reader’s Question:

How can I get cheap auto insurance?

Claire

Los Angeles CA

Get to have a better list of auto insurance prices by shopping around. Each auto insurance company might have different rules in rating your auto insurance premiums and the price difference could be highly significant among them. It is only with quote shopping that you would be able to identify which company is offering the best deal for your auto insurance.

After shopping around, choose to buy your cheap auto insurance policy on the web. Most insurers provide good discounts to those who prefer to purchase their coverage online. The reason behind is that you are helping the company save on their operational expenses that would have cost them when doing office transactions. Such savings is passed on to you in the form of discount when you buy online.

Maintain a good credit rating. Most insurance companies are adopting credit scoring techniques that help them identify who are eligible for a decreased premium rate. By keeping a good credit standing of your auto insurance in Wisconsin, you get the chance to avoid any possible charges on your premiums for having a bad credit score.

Pay your auto insurance in Wisconsin all in one go. If your finances allow, you can save a good amount of money when you pay all your premiums in one go rather than paying in installments with interest charges on top of it. In some insurance companies, they can give you a small discount for doing this.

Finally, the most common advise given to any motorist who wants to lower down their auto insurance costs is to keep a clean driving record at all times. You can avoid being charged of higher car insurance rates when you have few or preferably no traffic infractions. A speeding fine is not only the financial penalty that will cost you. You can also expect to have an increase on your insurance premiums. This may be easier said that done but it pays a lot to be a safe driver.

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What Is A Non Standard Auto Insurance

Published by author on May 12th, 2009 - in Need auto insurance

Reader’s Question:

I was told that I need to get non standard insurance? What does that mean?

Jane

New York NY

If you are a driver that is considered high risk for insurers because of DUI conviction or multiple traffic violation, it may be difficult for you to find a standard auto insurance. A Non-standard auto insurance is a term to classify insurance sold to drivers whose having a hard time finding auto insurance at standard or preferred rates. Some insurance providers specializes with just non-standard insurance business.

Non-standard auto insurance is usually for motorists who are unable to buy coverage in a standard market which can be due to several reasons such as a poor driving history, DUI, sports car, or insurance lapse in policy, etc.

Basically, if you did not meet an insurer’s standard or preferred risk underwriting criteria, you will end up gong to a non-standard insurer to get the auto insurence coverages that you need.

Expect a high auto insurance cost with non standard insurance especially if you do not have a good driving record. You will need to shop for the better price because cost varies from one company to the other. If you can maintain a clean driving record, you will eventually get cheap auto insurance rate.

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