Most people strive to get better rates on their car insurance. People are paying way too much money when they really do not need to. Heres a quote from wiki answers that tells us just how much:
"There are several websites that state the current yearly average (the national average or the average of each state, depending on the site). I did quite a bit a research on it because I am working on a finance project in school in which I must create a budget, and that budget includes auto insurance payments. I came to the conclusion that usually (but not always!) car insurance is about $60 to $80 a month per vehicle. However, that range can vary due to each individual case."
Read more on car insurance at: wiki.answers.com
By understanding and putting into effect 5 simple steps we can help decrease the amount of money you would spend on Car insurance. Lets dive in.
1. Understand your area, read up on car insurance.
You already made a good start on this one by coming here to my blog. Examples of how understanding the area of car insurance can effect your wallet are things like the car insurance towing offer. Do you really need the towing option for the first couple of years of your insurance, how about we leave it out? You may also be ok without car rental also, want to leave that out too? See, right there we just saved some serious money just by knocking a few small options on the head; this is the mindset you want to be in when searching for car insurance.
2. Quotes
This is easy. At any time of the day you can easily and nip on to a car insurance website and gather a few quotes. You have to hit this head on, find out what the most you could pay and least, all in one go and from there start to cut down until you have a car insurance settlement that is perfect for you. However, before rushing in, it is always best to double check on the companies. If your not working with companies such as 'Go Compare' or 'Compare the Meerkat' and other well known car insurance companies you may need to do some research into who you are giving your money to. Get your quotes from several websites also, do not limit yourself.
3. Increase your accident expenditure
This is a great one. By assuring the car insurance company that you can help a substantial amount towards costs in the case of you actually having an accident, you can greatly reduce the car insurance rates given to you. The only problem with this is that you need to have a fair bit of money saved up to give to the car insurance company in the case of the incident and lets face it most people don't.
4. Pimping your car up for the insurance companies
All car insurance companies are worried about is losing money. Sometimes adding features to your car that make it much more secure with help you find a better car insurance rates. These can include things like wheel locks, tracking systems and alarms. Having a car that isn't necessarily 'in the eye of the criminals' like a sports car for example will increase your chances of getting cheaper rates from the car insurance companies also.
5. Coverage
I personally for the cheapest. Instead of covering all the possibilites just go for something like third party insurance fire and theft. Sometimes just reducing your coverage like this will lead to massive money saves, which... IS what you came here for right? Sure, under certain future circumstances this could turn out to be bad advice, but living in the present, its saving you money... live a little... gamble a little.... and most of all, drive safely and go carefully : )
Thanks for reading
Kinzorz
"There are several websites that state the current yearly average (the national average or the average of each state, depending on the site). I did quite a bit a research on it because I am working on a finance project in school in which I must create a budget, and that budget includes auto insurance payments. I came to the conclusion that usually (but not always!) car insurance is about $60 to $80 a month per vehicle. However, that range can vary due to each individual case."
Read more on car insurance at: wiki.answers.com
By understanding and putting into effect 5 simple steps we can help decrease the amount of money you would spend on Car insurance. Lets dive in.
1. Understand your area, read up on car insurance.
You already made a good start on this one by coming here to my blog. Examples of how understanding the area of car insurance can effect your wallet are things like the car insurance towing offer. Do you really need the towing option for the first couple of years of your insurance, how about we leave it out? You may also be ok without car rental also, want to leave that out too? See, right there we just saved some serious money just by knocking a few small options on the head; this is the mindset you want to be in when searching for car insurance.
2. Quotes
This is easy. At any time of the day you can easily and nip on to a car insurance website and gather a few quotes. You have to hit this head on, find out what the most you could pay and least, all in one go and from there start to cut down until you have a car insurance settlement that is perfect for you. However, before rushing in, it is always best to double check on the companies. If your not working with companies such as 'Go Compare' or 'Compare the Meerkat' and other well known car insurance companies you may need to do some research into who you are giving your money to. Get your quotes from several websites also, do not limit yourself.
3. Increase your accident expenditure
This is a great one. By assuring the car insurance company that you can help a substantial amount towards costs in the case of you actually having an accident, you can greatly reduce the car insurance rates given to you. The only problem with this is that you need to have a fair bit of money saved up to give to the car insurance company in the case of the incident and lets face it most people don't.
4. Pimping your car up for the insurance companies
All car insurance companies are worried about is losing money. Sometimes adding features to your car that make it much more secure with help you find a better car insurance rates. These can include things like wheel locks, tracking systems and alarms. Having a car that isn't necessarily 'in the eye of the criminals' like a sports car for example will increase your chances of getting cheaper rates from the car insurance companies also.
5. Coverage
I personally for the cheapest. Instead of covering all the possibilites just go for something like third party insurance fire and theft. Sometimes just reducing your coverage like this will lead to massive money saves, which... IS what you came here for right? Sure, under certain future circumstances this could turn out to be bad advice, but living in the present, its saving you money... live a little... gamble a little.... and most of all, drive safely and go carefully : )
Thanks for reading
Kinzorz
No comments:
Post a Comment