Discount car insurance, cheap car insurance, car insurance discounts
If you are shopping for a new car insurance policy, then you can't assume that it's all a matter of competition and business. In other words, it's not always about which company is better, or which company values your business the most. Sometimes it becomes a matter of: what am I doing to lower my own insurance rate? Here are 5 tips to keep in mind when shopping for car insurance discounts.
1. Keep down your mileage.
When you take the bus, carpool, walk or bike to work you become a much lower-level risk driver. Motorists who drive constantly—in their spare time and in their work—naturally incur larger premium payments because of increased risk. If you drive a lot in your occupation (an obvious risk) then make an effort to take other methods of transportation.
2. Be a good student…or get married.
It pays to be married, since statistically married people are safer drivers, and thus insurance companies reward them accordingly. If you don't want to get married right now then try to be a better student. Statistically, student drivers are safer drivers and thus get a lower price when shopping for car insurance discounts.
3. Raise your deductible and drop collision coverage.
There are two sure-fire ways to save money though these options might not be wise for everybody. First, you can eliminate your collision and comprehensive coverage (and only if your car's market value is low) and stick with basic liability coverage. You can also raising your deductible and pay for minor damages on your own. In both cases, you are increasing your level of responsibility, which the insurance company appreciates.
4. Focus on repairing your credit.
Statistically, when you have bad or average credit, you reap the consequences in terms of higher insurance rates. Insurance companies report that, statistically, higher credit drivers tend to take fewer risks while on the road. If you pay off old balances, keep current, and pay off late fees you may be able to start shopping for car insurance discounts lower than average.
5. Drive better cars.
This means "better" in every sense of the word. Instead of buying flashy new sports model cars, buy a safer car with antilock breaks, airbags and a strong, full-sized body structure. Instead of a gas clunker car with 150,000 miles save up for a hybrid car, which offers better insurance rates, better gas mileage, and is easier on the environment.
Don't forget to help yourself save money when you start shopping for car insurance discounts!
1. Keep down your mileage.
When you take the bus, carpool, walk or bike to work you become a much lower-level risk driver. Motorists who drive constantly—in their spare time and in their work—naturally incur larger premium payments because of increased risk. If you drive a lot in your occupation (an obvious risk) then make an effort to take other methods of transportation.
2. Be a good student…or get married.
It pays to be married, since statistically married people are safer drivers, and thus insurance companies reward them accordingly. If you don't want to get married right now then try to be a better student. Statistically, student drivers are safer drivers and thus get a lower price when shopping for car insurance discounts.
3. Raise your deductible and drop collision coverage.
There are two sure-fire ways to save money though these options might not be wise for everybody. First, you can eliminate your collision and comprehensive coverage (and only if your car's market value is low) and stick with basic liability coverage. You can also raising your deductible and pay for minor damages on your own. In both cases, you are increasing your level of responsibility, which the insurance company appreciates.
4. Focus on repairing your credit.
Statistically, when you have bad or average credit, you reap the consequences in terms of higher insurance rates. Insurance companies report that, statistically, higher credit drivers tend to take fewer risks while on the road. If you pay off old balances, keep current, and pay off late fees you may be able to start shopping for car insurance discounts lower than average.
5. Drive better cars.
This means "better" in every sense of the word. Instead of buying flashy new sports model cars, buy a safer car with antilock breaks, airbags and a strong, full-sized body structure. Instead of a gas clunker car with 150,000 miles save up for a hybrid car, which offers better insurance rates, better gas mileage, and is easier on the environment.
Don't forget to help yourself save money when you start shopping for car insurance discounts!
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