High Insurance Premiums Driving You Crazy? Read This!
With money tighter than ever and fuel costs on the rise, it's no surprise that more and more drivers are looking for ways to save their hard-earned income. Driving without coverage may save a nominal amount each month, but forgoing coverage is a move that is more than just risky -- in some states, it is outright illegal. Before you make a seriously regrettable decision regarding your insurance, check out these tips, which will help you to save more money in the long run.
First and foremost, compare your current rates to those offered by other insurance providers. There are two options: Spend an afternoon calling various agencies, or comparison shop online. The second is the simplest and most comprehensive, not to mention the most timely. Many websites, including NetQuote and Insurance, allow you to complete a brief questionnaire, which is then used to compare up to 20 insurance providers at a time. In some cases, you can click the links and purchase coverage from your home computer, often without making a phone call or leaving your house!
You work hard for your money, which is why it's a good idea to hunt down any discounts that you are entitled to. Most insurance agencies offer a wide variety of discounts and savings packages that can put an extra hundred dollars or more in your pocket each billing period. For example, did you know that you can save money if you are a student with excellent grades, or if you only drive a few miles to and from your work every day. Other potential discounts are available for drivers who are long-term customers, homeowners or employed in low-risk occupations. The best way to find out if you are eligible for these and other discounts? Just ask your agent!
Finally, a word about your driving history: It has consequences. If you have a history of moving violations like speeding tickets, at-fault collisions and running red lights or stop signs, there will be adverse impacts on the amount you pay for insurance. Obviously the single best way to avoid rate hikes is to avoid getting a ticket in the first place, but nobody's perfect. You can expect to pay more until three years have passed since the date of the occurrence. If you are signing up with a new insurance provider, it may be in your best interest to inquire about whether or not they offer an accident forgiveness program. Otherwise, it may be best to stick with your current plan until the full three years is up. Otherwise, it will be difficult to secure a lower rate regardless of who you choose to do business with.
With so many pressing financial matters on your plate at any given time, it's up to you to take advantage of any savings you can find. When you can save on car insurance, it's a win-win situation: Your money goes farther and you can drive to and from work safely and with the knowledge that you will be covered in the event of an accident. Use the advice you've just read and start saving money on insurance today!
