Cheap Car Insurance — Tips To Save More
May 17th, 2009 | by Chimezirim Gabriel-Odimba |Do you know that you might be losing money if you have a car that you’ve not used for months? Is one of your cars been covered in the garage for up to six months because it’s broken? Is this car still on your auto insurance policy or have you removed it?
Funny as it may seem, this is one reason some folks pay higher rates than they should. Don’t make this mistake.
You will enjoy discounts with a number of insurance providers for being part of an auto club. Even though you shouldn’t look to attract huge discounts for this, each small discount you can garner will add up to much on the long run.
Make sure you do NOT give false details when you complete your forms. False representation is fraud and affects everyone’s auto insurance rates negatively.
Furthermore, an insurer has the right to cancel your policy if you give false details.
You’ll then lose in a very big way. Your rates are raised by a big margin by your new insurer once your auto insurance policy lapses.
Reports have it that the average American family pays about $1,500 extra premium dollars because of insurance fraud. You can help reduce this to our collective advantage by being truthful when completing your application form and if you ever have to file a claim.
Policyholders who do NOT make claims for up more than 3 years get a No Claims bonus. Remember, this does not mean you might not have any cause to make a claim but that you did not file one. Therefore, if it’s a minor case, handle it on your own. What you’ll gain from a No Claims discount will certainly outweigh it.
As an under twenty five, you can pay lower auto insurance premiums if you use your parents’ policy. The fact that you’re of driving age means that your parents are of a lower risk age bracket.
There are two conditions that you must fulfill for this to be possible: The car must be registered in your parents’ name and you must live with them. If you do not like the idea of giving the car’s ownership to them and other stuff that may be attached to that, then you’ll have to forget this option.
And…
While you do these other things to lower your auto insurance costs, here’s something you can do to start enjoying lower rates now: Visit good insurance quotes sites and get quotes.
Visit at least five of such sites for the best results. It’s free, quick and easy. Please make certain you give your correct details as you complete the questionnaires on each site. Thereafter, just choose the insurance company that gives you the best price/value from the quotes you receive.