In today's economy saving money is high on everyone's list. Saving money on car insurance is no exception. The number one way to save money is to raise your deductible. Believe it or not, raising your deductible can lower your payments up to 40%. Your deductible is the amount you are responsible for in the event you have an accident. In the event you're not able to raise your deductible, it's time to start shopping around.
The car insurance agency is a cut throat business and these companies will do almost anything to keep or gain business. The easiest way to shop around for insurance is to start online. There are many services that provide car insurance calculators that give you a basic idea of how much you would spend with their company.
Make sure you check for any discounts that might be awarded to you. These may include, but are not limited to; combined coverage, low mileage, senior citizens, driving courses, and group discounts. Also make sure you take advantage of the many safety features that your car may have. Most companies give discounts for anti-lock brakes, the number of airbags your car has, anti-theft devices, and more.
Your credit score is a large determination of your premium. If you have bad credit it is in your best interest to try to clean it up as much as possible before trying to apply. Most companies use an insurance risk score to gauge your reputation. A bad credit score is definitely going to mean higher premiums.
If you're ready to save hundreds of dollars a month on car insurance see our Car Insurance Calculator.
Article Source: http://EzineArticles.com/?expert=Shawn_Parker
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