Hello Everyone! Its a dull Sunday evening and I sit in my apartment browsing through some of my favorite blogs and feeding on recent finance updates. I am constantly on a look out for some interesting information to share with you. Off-late I have developed this excessive sense of responsibility towards my readers.
My day doesn’t seem complete until I post something (apart from the regular IRS notifications and discussions about stimulus) that would help everyone save some money, so here is today’s saving strategy. Few tips to save on your auto insurance.
Here is a list of some of the best Auto Insurance companies around where you can compare your current Auto Insurance with what these companies will give you -
1. 21rst Century.
2. All State.
Usually we shop for Car Insurance when we have just brought a new car or if we are smart enough, we start thinking about it when we are planning to get a new car.
Auto Insurance Related Things To Keep In Mind When Getting a New Car
1. Keep your deductible high
Deductible is the amount of money that you would be paying towards your claim, if the amount of your claim is $1500 and your insurance company pays $1000, the remaining $500 is your deductible.If you increase your deductible from $500-$750, then your premium amount would get reduced. This way you would be able to save upto 10%.
2. Keep your automobile & home insurance in the same firm
Purchasing your home and auto insurance from the same company could allow some discount to be enjoyed for both the policies. Sometimes it is possible to save up to 10%.
3. More thank one vehicle?
If you have more than one vehicle, insure them under the same scheme.
4. Compare Auto Insurance
Before purchasing a new car, get insurance quotes of models you have short listed to know which one will take up less money to be insured.
5. Shop around a lot before settling for an insurance policy
Its no harm to spend some time in doing this research. With advent of internet and its million gifts, it gonna take less than an hour to compare rates.
6. Do not over speed for thrills:
You not only end up paying speeding tickets, but also begin to mess with your auto insurance which i am sure you do not intend to.
Here is a list of some of the best Auto Insurance companies around where you can compare your current Auto Insurance with what these companies will give you -
1. 21rst Century.
2. All State.
Have anything more to add to this list? Let us know, we are eager to hear.
