Cheap Car Insurance - 7 Tips To Reduce Your Car Insurance Costs
With the cost of car insurance becoming more and more of an issue for
the average American family, there are increasing numbers of people looking
for cheap car insurance. But although it is possible to find cheap car insurance,
the question remains, is it worth buying?
Everyone knows that car insurance companies are not all equal. Cheap car
insurance is wonderful when paying the bill, but make a mistake on the company
you select and you could find that the cheap car insurance policy that you found
may turn into a nightmare. Cheap car insurance may not turn out to be so attractive
when making a claim.
So if you have found a discount car insurance broker donít just take the cheapest
quote that you get. You need to find out a little about the insurance company that is
offering the cheap car insurance rates.
And thereís ways to reduce the cost of your car insurance even with the best of
companies. Here are some tips for those looking for cheap car insurance to help reduce
the cost of car insurance without compromising other things.
7 Cheap Car Insurance Tips
- Look at your deductible amount. This is the amount that you pay first out of any claim.
The cost of your policy is directly related to this amount. Many people, particularly those
who have had their insurance policy for a long time, have never considered whether they ought
to vary their deductible. If you have a good driving record and are prepared to increase the
risk of paying a larger amount in the event of a (hopefully unlikely) claim you can save money
by increasing your deductible.
- Have a look at the type of car you drive. Certain types of cars attract higher car insurance
rates. Cars such as sports cars and also certain makes and models that are prime theft candidates
cost more to insure. If you are buying a car then find out which makes and models these are before
- Drive carefully. Although it sounds a little trite to say it, your car insurance cost is a factor
of your risk profile. You wonít get cheap car insurance if you have had 3 speeding fines and 2 accidents
in the last year. These things are all taken into account and you should take care with how you drive.
It all adds up onto your bill. There are big safe driver discounts available.
- Considering installing safety and anti theft devices in your car. Again these affect your risk
profile. If you have a car that is safer and less at risk of theft it should be cheaper to insure. And
if you have a car with certain safety devices now check that your insurance company is aware of these,
if not tell them.
- Look at your policy when it comes to renewal time, donít just pay. There are some things that you
can vary in your policy that will affect the cost. Often there are some things there which duplicate
other insurance that you may have that can be eliminated. Be critical, look carefully and ask questions
about all these before you renew your policy.
- Have a look at who your other insurers are. Many insurers offer a discount for multiple policies.
If you insure your house with a certain company then ring them up and find out if they do car insurance.
Get a quote from them. Find out what discounts they offer.
- Find a good online discount car insurance broker before renewing. The internet is a fabulous
resource. Use it. There are all sorts of discount insurance brokers online where you can get fast
quotes from a wide range of companies. Donít just settle for the same company you always use. Car
insurance rates vary all the time. Always get comparable quotes before renewing any policy.
So if youíre in the market for cheap car insurance thereís some ideas for you. Donít just accept that
car insurance is always prohibitively expensive, get out there and do something about it.