Different Vehicles Equal Different Insurance RatesDifferent Vehicles Equal Different Insurance Rates

Saving on auto insurance is as easy as asking for discounts and even buying the right vehicle.

You can save hundreds on your insurance premium just by buying the right vehicle. If you are looking to purchase another or a new vehicle, make certain you do not purchase a high performance or higher priced vehicle. Mustang Cobras, Cameros, Irocs and any other car that is considered a sports type or high performance vehicle will be quiet high on insurance. Stick with lower priced, safer vehicles if you want to keep insurance premiums low.

Auto insurance premiums can be kept lower by making sure you are getting all of the discounts your company offers. This can be done simply by asking your agent to review your policy with you. Some companies offer safe driver, multi-vehicle, multi-policy, driver's education or driver's training courses, and/or discounts if you are married or over a certain age.

Keep your premiums lower by either, increasing your deductibles (out of pocket cost), lowering your liability limits, or even dropping the coverage to just liability and uninsured motorist. If you have an older vehicle which is paid for and has a lower book value, consider carrying just the minimum coverage on it.

If you have a young driver in your household make sure to start them with an older, paid off vehicle and just liability. One thing that a lot of people are aware of is the fact that some companies actually apply discounts to pickup trucks which they do not apply to cars. Therefore, starting a young driver out with a pickup truck could save you hundreds of dollars.

Always make certain of your companies policy on accidents. If they do not offer first accident forgiveness, you could be looking at anywhere from a 10% to a 40% increase in premium after your first accident (at fault or not). Find out for sure if they will not cancel your policy after your first accident providing you are not cited for a vehicular offense (D.U.I. or D.W.I. et cetera).

This leads us to another way to keep insurance lower. Not only is drinking and driving or driving under the influence illegal, it will also get your insurance cancelled if you are convicted. This means that you will have to go to a substandard company, most likely get an SR22, and, therefore, pay anywhere from $1500 to $2500 a year for full coverage insurance on a vehicle. The premium could be even higher than that depending on what you are charged with.

One simple way to save on auto insurance is to just check with different companies. Compare rates, but also make certain to compare policies making sure that they are carrying the same coverage. If you find a lower rate on insurance but the liability limits are lower and deductibles are higher compared to another one of the same rate (with higher limits and lower deductibles), then you are not getting a better deal at all.

In conclusion, simply ask, look, and purchase wisely and you can save hundreds on auto insurance.
by Perry Scott
References and Bibliography
For more information on getting the cheapest auto insurance visit cheapautoinsurance.org and save a bundle today.
Rated:NR/0 Votes
3 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Perry Scott
More Article by Perry Scott
Share
More Articles From Leasing
More Articles From Leasing
Related Articles and Readings
Car Loan Financing Buying vs Leasing By: Carrie Reeder
Which option is better leasing or buying?This is a common question amongst many car buyers. Depending on who you talk to, some people may feel that leasing a vehicle is the better option, especially if you enjoy driving a new car every couple of years. On the other hand, if ...
Tips On Buying a Vehicle On eBay By: Ron Grant
There will be almost $3,000,000,000.00 (That's three BILLION dollars) worth of vehicles sold via eBay Motors this Year. Here are some buying tips if you are planing to purchase a vehicle through eBay Motors:* Don't be too impatient: Watch the auctions you are interested in for a while. Use your ...
Your New Vehicle: Buying Vs. Leasing By: Brenda Williams
When shopping for a new vehicle there are a variety of options available In some cases, it is seen as cheaper to lease a new vehicle than to purchase one outright, or by using a payment ...
Simple Guidelines in Buying Used Cars By: Ken Finneran
Over the years, more and more people are considering the option of buying a used car It is understandable, given the poor condition of the economy in this ...
A Guide to Buying Used Bikes in Cape Town By: Greg Hudson
Buying a used bike can be a real challenge. You've looked around, your phone bills are through the roof and last thing you need is a new ball and chain. So here are a few pointers?Buying second hand motorcycles from a dealer can be a safer option. Contrary to popular ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:252096
  • » Active Authors:32163
  • » Active Members: 35787
  • » Statistics Updated:
    - Sat Aug 11th, 2018 01:04PM EST