Lower Auto Insurance Rate -- Straightforward But Proven Ways

1. Ensure your vehicle insurance policy is not allowed to lapse no matter what.. People who let that happen to them get higher rates for a long time. It's easy for this to happen to some folks when they are changing to another insurance provider.

To avoid a lapse, make sure that the new policy is fully in place before you terminate the old. As simple as this may seem, a lot of people are bearing the pain of exorbitant rates because of just a little negligence.

2. Paying your premium once a year will attract more affordable rates than choosing monthly payments. True, monthly payments might be less stressful but they are also much more expensive.

Every check that is processed attracts a charge. For 12 checks (that is, your monthly payments) you will have a total of 12 transactions. You'll then have to pay the total of twelve transaction fees..

Besides there are also administrative costs that are incurred due to the monthly payment option. For example, it costs insurers millions of dollars yearly to send out payment notices..

All such costs to your insurer is ultimately paid for by you (that's apart from their own profit margin for giving you such a "stressless" option).

3. Take it upon yourself to ask your agent about all the discounts possible with with your present insurer. Since agents too are human they might forget to tell you about some discounts you are eligible for. You'll discover only by telling your agent that you want to be sure you've been informed about every discount possible for your profile. Don't be shocked if you hear of one or two that you have never heard of.

4. There are classes that are designed to make you a better driver. Participate in them. In addition to the fact that they will make you a better driver, they will show your insurance carrier that you're taking active steps to make yourself a better risk.

5. You'll be given lower automobile insurance rates if you make your payments by Electronic Funds Transfer (EFT). This authorizes your bank to credit your insurer with your premium payments without any intervention from you until you advise otherwise. This brings down administrative costs like those involved in sending payment notices. Your rate is therefore lowered to reflect the lower cost of providing insurance to you.

6. You can bring down your auto insurance costs by getting and evaluating quotes from at least five good insurance quotes sites.

Do you still want more tips? Visit this page: http://www.quality-insurance-4-less.com/cheap-car-insurance-quotes.html