5 Hot Tips to Reduce Car Insurance Premiums

Even though we are in the worst recession ever seen, car insurance premiums keep rising. It's not only frustrating, it's downright disappointing. Finding a good deal on your car insurance is easy if you know what to do. Most people just accept the current premium they are paying without any second thoughts. Let me share with you the 7 best tips to cut your premiums by um to 30%.

1. Shop around and compare rates. Although this seems like the obvious thing to do most people never shop around once they have coverage. Don't be lazy. A simple phone call or quick search online can save you a significant amount of money every year.

2. See if you qualify to get into a group policy. If you belong to any groups or organizations that offer car insurance you are guaranteed to get a much better rate than you would as an individual.

3. Avoid speeding at all costs. If you do get a ticket see if you have the option of taking a driving class to avoid it showing up on your record. The cleaner you're driving record, the more money you will save.

4. Where and how you use your car is a major influence on your rates. Keep a record of how many miles you drive to and from work and tell your agent.

5. If you're buying a new car consider that a used car is going to be a lot cheaper than a brand new car. Even if the car is a year or two old it will save you a substantial amount of money.

I can emphasize enough that you need to shop around and do your homework. Make sure you use a reputable company that has been in the industry at least 5 years. Never lie about speeding tickets, accidents, or your credit history when applying for new insurance. Every insurance company is going to do a thorough background check and they might deny you for providing false information.

If your ready to save hundreds of dollars a month on car insurance see our Car Insurance Calculator. It provides you with the lowest Car Insurance Rates around.

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