Wednesday, March 18, 2009

Ways To Pay Less For Automobile Insurance

By Chimezirim Odimba

Are you serious about bringing down your costs by saving on your premium dollars? If so, look no further as this write-up will explain adjustments you need to make and show all you need to pay far less. I'll share sure-fire steps for anyone to attract the most affordable rate for their profile or requirements. And this will be without compromising the level of coverage you get. Here they are...

You'll bring down your auto insurance premium if you have an excellent credit rating. A poor credit record will cost you in higher auto insurance rates. The truth is that they believe that the probability of you missing payments of your premiums is very high. This perception of increased risk makes such individuals attract very high rates in auto insurance and other insurance policies.

People who have more than one car will make huge savings if they insure all those cars with the same auto insurance provider. You are only advised to do otherwise if the total of your rates with various insurers is less than what you'll get with a multi-vehicle discount if you buy from one insurance company. Doing some shopping and then checking with what you'll get from a multi-vehicle discount is an easy way to be sure if this is in your best interest. Insuring more than one car with the same insurance company will always result in a decent discount.

Insurers give give customers who have remained loyal a long term discount and accident forgiveness. Some insurers will give you up to 5% in discounts once you've been with them for up to three years while others will give you such a discount only when you've stayed for up to five.

Most insurers will also not raise the rates of a long standing policy holder if they make only just one claim. These are all incentives for you to stay with them for as long as possible.

Your rates will jump through the roof if you modify your car. If you want to impress your friends with those extra special features like bigger types than the manufacturer's specification, then be prepared to pay a lot more. Any changes to your vehicle takes your rates up.

.Do your best to install theft-deterrent devices in your car. They usually get you an anti-theft discount for the simple reason that they make it less likely that you car will be stolen. Cars without such devices are easy targets for thieving rats.

Belonging to an auto club could get you a discount with a good number of insurance companies. Even if this discount is very small it's still some savings for you.

Visit at least five insurance quotes sites. Using not less than five quotes sites raise the chances that you'd obtain better auto insurance quotes. This is because offers not covered by one site will be represented by another.

And, you know that since your chances of getting lower auto insurance quotes is related to the number of quotes you receive, the more companies you receive quotes from, the higher your chances will be.

Obtaining your auto insurance quotes online will help you save a bundle if you sacrifice just 25 minutes to obtain quotes from a minimum of 5 sites.

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