Browse Month

March 2016

Vehicle Insurance Online is a Convenient Way to Get Insurance Cheap

Online comparison shopping is a convenient way to get cheap insurance for your auto. For the last few years, insurance companies have been dropping their premiums annually because of lower accident rates and increased competition. So, with a few clicks of the mouse, you can save hundreds of dollars a year on your vehicle insurance.

Compare at One Site

Once you have gathered information about your car, driving record, and personal information, you can enter the information once at an insurance comparison site and get instant quotes from several different companies. These sites give you side by side comparison of the same coverage plan from several different vehicle insurance companies for free.

Check Around

It is also a good idea to go to a couple of insurance comparison websites to find the best deals. The same insurance company may offer different rates at different websites.

Look at the Deductible

Another way to get a cheaper quote is to change the coverage plan by raising the deductible or reducing coverage. Both options can save you hundreds a year, but you need to have the financial resources for such a risk.

Receive Information Online

Once you find a price and plan that interests you, you can select it to receive more information from that insurance company online or through the mail. After an insurance agent has time to look over your information, they may be able to offer you an even lower quote.

Check Any Time

Besides comparing quotes from vehicle insurance companies, you can also apply for insurance online at any time that is convenient for you. You can start your application, stop for a snack, and finish it later on. If you prefer, you can also schedule to talk to someone over the phone or at an office.

Check Often

A yearly check of vehicle insurance rates is a good practice. Increased safety features in cars and aging baby boomers have resulted in a drop in accident rates. With increased competition, insurance companies have been pressured to reduce their rates and pass the savings on to you. This is a trend likely to continue for some time.

Car Insurance For College Students

As your child leaves for college, many thoughts may run through your head. One of the last thoughts is probably about your auto insurance, but it is a necessary thought. Many colleges do not allow freshmen to have cars on campus, yet over two thirds of the rest of the students have cars. So what are some of your options regarding your auto insurance coverage on your child’s car?

The first option, which may make you a little less popular with your child, is to leave the car at home. Discuss this option with your broker or agent, as you could be eligible for a discounted rate if the title of the car is in your child’s name, no one will be driving it, and your child will be more than 100 miles away from home.

Now, there are some reasons to allow your child to bring the car to school, including a job, living off campus, and even just the pouting face of your college student. If you should allow your child to take his or her car to college, then you should first notify your auto insurance company that the car will be housed in another location. Be prepared, though, for a change in your premium, as it can increase or decrease depending on your auto insurance company.

Ways to Cut the Cost of Your Auto Insurance

Ways to Cut the Cost of Your Auto InsuranceIs your auto insurance bill $12,000 a year or even higher? It’s not unusual for auto insurance to cost this much these days. But it doesn’t necessarily have to cost this much. There are ways to reduce these costs. It might take a bit of work but it is possible to cut that insurance bill by a substantial amount.

Tip #1: Get at least three price quotes. You can call companies to get quotes or get them directly via the Internet. You can also call your state insurance department, as it may be able to provide you with a comparison of prices charged by the major carriers in your state. Also, get price quotes from different kinds of insurance companies. Some sell through their own agents. Others sell through independent agents who often represent several different companies. Other companies have no agents and sell direct to the consumer via the phone or Internet.

Tip #2: Check insurance costs before buying that next car. Did you know that insurance premiums are based on the car’s cost, the cost to repair it, its overall safety record and the likelihood of its being stolen? You can often get a discount from insurers if the car you are buying has a great safety record or if it’s designed to reduce the risk of death.

Tip #3: See what you could save with higher deductibles. Higher deductibles can lower your insurance costs substantially. For example, if you increase your deductible on collision and comprehensive coverage from, say, $300 to $500, you could reduce your costs by as much as 15 to 30 percent. Move up to a $1,000 deductible and you might save 40 percent or more.

Tip #4: Reduce the coverage on older cars. If you have one or more older cars, consider dropping the collision coverage entirely. If your car is worth ten times the premium, buying collision coverage just may not be worth it. You can find out what your car is worth by contacting your bank’s auto loan department or you can look it up online at http://www.kbb.com (Kelly Blue Book).

Tip #5: Buy your auto insurance from the same company that has your homeowners insurance. All the major insurers offer both homeowners and auto insurance and will give you a nice discount if you buy both types of policies from them. You may also qualify for a discount if you insure several vehicles with the same company. Some companies even offer discounts for long-time customers.

Tip #6: Keep a good credit record. Auto insurance companies are using credit information more and more often to price their policies. Make sure you maintain a good credit history by paying bills on time, and by keeping your credit card balances as low as possible. Also, be sure to check your credit record regularly. That way, if errors occur, you can quickly correct them – to keep your credit record clean and accurate.

Discount Auto Insurance

Whether you are looking for car insurance in Canada, the USA, or somewhere else, finding discount auto insurance can save you plenty of money. The first thing you need to do is get auto insurance online quotes.

Finding discount auto insurance is actually quite simple if you use the online tools that are available to you. There are many insurance companies that will offer you online insurance quotes and then allow you to purchase your insurance right from your computer chair.

What you want to be sure to do is get plenty of quotes. You also need to makes sure you are comparing like coverage. Read all the hidden clauses and get all the details to make sure you are comparing the same coverage. We recommend getting at least 10 quotes.

Buying online insurance can save you both time and money. No more wasted time sitting on hold on the telephone, or driving around town from one insurance company to another, then waiting to see an agent. Now you can accomplish all of this with a few clicks of the mouse.

You can also save up to 40% by shopping online. The insurance industry is very competitive and with the advent of online insurance purchasing it has become even more competitive.

On sites you may still have to wait up to 24 hours to get the quote back but that’s not too bad at all. Remember to be truthful on the quote applications.

Insurance companies will validate the information you supply so if you tell little white lies and get a better rate, they’ll take it away from your later or worse yet cancel your insurance.

There are many different ways to get a discount. A clean driving record, no tickets, no accident, your age, drivers over 50 often get an extra discount.

The type of coverage you choose can also earn you a bigger discount. For example the higher your deductible the bigger the discount. Different types of vehicles will also earn bigger discounts. The more safety features your vehicle has the more of a discount it will earn. Also the less driving you do the more discount you will earn.

There are many things to consider when buying insurance, all affect your rates. You should decide what coverage you need and how much of it you require before requesting quotes. That way you’ll be asking each insurance company for the same coverage.

Some states and provinces require minimum coverages, such as with liability insurance. Be sure you know and understand what coverage is required by law and make sure you include these coverages in your request for quotes.

You should also make sure you choose reputable insurance companies to deal with. Great savings are only a good deal if in the event of an accident your insurance company very quickly handles the claim. Companies that drag claims out and prolong paying are no deal!