Top Ten Auto Insurance Ways To Reduce Consumer Bill of Car Insurance - By - MM

           Auto Insurance 

Vehicle insurance or auto insurance for cars , truks, motocycles , and other road vehicles .its primary use is to provide financial protection against physical damage or bodily injured.            
              TEN WAYS TO LOWER YOUR                 CAR   INSURANCE BILL  


1 SHOP AROUND
prices vary from companey to companey so it pays to shop around get at least three
price quotes you can call companies directly or access information on the internet
your statr insurance department may also provide comparison of prices charged
by major insurers.

2 EVALUATE INSURANCE COSTS BEFORE YOU BUY YOUR VEHICLE
the year make and model of your vehicle can have a profound impact
on your insurance rate all eslse begin equal new expensive or sporty cars
will cost more to insure than older cheaper and more utilitarian vehicles
but you could find a substantial disperancy even when comparing the cost
to insure similar cars so if you have got a few models on your shortlist contact
your carries to see what rate each vehicle commands doing so could ultimately
net you windfall in savings when the times comes to pay your premium.

3 ADJUST YOUR DEDUCTIBLE
insurance is a necessary evil whether life ,health or auto insurance protects
us against losses we could not otherwise handle finanically we should , therefore
,have the insurance we need to handle unacceptable losses , but no more
A $100 deductible is far too low for many if you can handle a $1000
loss , why set a deductible at $100 or $250? you are just buying insurance you dont need
SO how much can you save by raising your deductible ? the answer will vary ,so its best
to consult with your insurance carrier but one study found you can save 9% by raising
your deductible from $500 to $1000.

4 NIX COLLISION AND /OR COMPREHENSIVE COVERGE ON OLDER CARS
if your older car has comp and collision coverage you might find yourself
paying more in insurance than the car is wroth "TAKE YOUR COMP AND
COLLISION PREMIUM AND ADD IT UP THEN MULTIPLY IT BY 10 IF YOUR CAR
IS WORTH LESS THAN THAT THEN DONT BUY THE COVERAGE " SAYS HUNTER
if youre worried about bieng left overexposed consider this the typical policyholder makes a claim only once every 11 years and reports a total loss only once every
50 years.

5 GUARD YOUR CREDIT
In most states insurance carriers factor in your credit history in setting premiums
studies have shown that there is a meaningful correlation between how we handle
our finances and claims history
  and the difference in premiums can be significant according to CONSUMER REPORT
" our single drivers who had merely good scores paid $68 to $526 more
per year on average than similar drivers with the best scores depending
on the state the called home "
in VIRGINIA for example consumer report found that a poor credit
score can cost a driver $1,513 more in annual premiums..

6 ASK ABOUT MILEAGE DISCOUNTS
Many carriers offer discounts to policyholders whose annual mileage
is lower than the norm maybe you have a short commute or maybe
your participation in the office vanpool results in fewer hours spent in your daily driver
whatever the case your mileage can score you a reduced rate with some companies
so be sure to inquire about available discounts.

7 ASK ABOUT GROUP INSURANCE DISCOUNTS
Oftentimes insurance companies offer discounts to policyholders who are members
of certain organization or profession such as veterans engineers or teachers
request a list of these groups from your carrier to see if you qualify you might
be pleasently surprised.

8 ASK ABOUT ALL OTHER DISCOUNTS
Some carriers offer discounts to policyholders whose vehicles bear certain
safety features like anti theft devices or motorized seatbelts other give reduced
rates to senior citizens and to students whose grades meet certain requirements " MANY  CARRIERS OFFER DISCOUNTS ASK FOR THEM WHEN YOU ARE SHOPPING " SAYS HUNTER

9 AVOID LAPSES IN COVERAGE
Even a brief lapse in coverage disqualify you from reciving discounts "THEY USE LAPSES
IN COVERAGE TO INCREASE YOUR PREMIUM " pay your insurance bills on time
and if you are switching carriers make sure not to quit your previous carrier until
the new coverage takes effect.
10 THINK TWICE ABOUT PAYING IN INSTALLMENTS
Most carriers charge an administration fee to pay in installments
one carrier surveyed levied a $10 charge per installment to those who opted to
break up their bill the solution ? pay your premium up front if at all possible
Of course this charge is more significant for those with small premiums
if you have got a king sized premium and feel you had get a better rate of return
by investing your funds elsewhere insted of paying up front then the installment route will probably best suit your needs.

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