It's a smart move to look around for the company that is offering the cheapest car insurance rates. Prices vary quite a bit from one company to another and it's possible to save hundreds of dollars every year by finding a company that's offering a more attractive price structure. However, answering the question of which company offers the best rates is not as easy as simply naming a particular company.
An insurance company determines the prices they charge for your premiums by trying to assess the amount of risk you pose to the company. In other words, how likely are you to be involved in an accident and cost the company money. Every insurance company has their own formulas for figuring out the amount of risk a potential customer poses. They consider things such as your age, gender, driving record, even things like your marital status or your credit score can be used to determine the level of risk. It's also possible that a company may be trying to balance their portfolio and fill a certain demographic and the people who fall into that demographic may be eligible for a better deal.
There's also a tremendous amount of competition between the various insurance companies. Prices are not stagnant, they are constantly changing and adjusting. The only way to find which insurance provider is currently offering the best price for someone of your particular age, gender, with your driving record etc. is to get quotes from a number of different insurance providers. You can get quotes from several of the top companies in just a matter of minutes making it very easy to find the coverage you need at the best possible price without even breaking a sweat.
Get free car insurance quotes and see how much you could be saving. A few minutes of your time could save you a lot of money Click here!
Article Source: http://EzineArticles.com/?expert=Ryan_Richardson
Monday, September 28, 2009
Car Insurance - Get the Best Out of Car Insurance
It is quite saddening that many people have to spend so much on their car insurance premium without being able to really take full advantage of their insurance coverage. It is possible to get the most from your insurance simply by developing an understanding of how it works.
For people who are unaware, every car insurance policy has discounts. Most drivers don't even bother considering this important aspect of insurance policies. In doing so, they miss out on some great savings.
Before choosing an insurance policy, you should always ask your insurance company for all the available discounts and how to qualify for them. There are some great possibilities here. Among the most popular ones are a respectable profession, no claims record, good driving record, senior etc. Some car insurance companies are known to award teenagers who get good grades with lower insurance rates. You should get hold of all this information from your insurance provider. As a matter of fact, this will actually help in choosing the right insurance provider for your auto insurance.
It's not enough that you have an adequate coverage at an affordable price. You also have to ensure that it remains that way. An insurance company that was affordable yesterday can be expensive today as compared to other insurance providers. With so much competition in the insurance industry, it is necessary for everyone to review their insurance policies regularly.
Paying a higher deductible will also lower your insurance rates. Likewise, if you can manage to pay the premium annually, you will reduce the insurance rate.
If you're looking for an affordable insurance coverage, do some online research and compare the quotes from different quotes comparison sites. This is the most effective way of choosing the best insurance coverage at the lowest price.
>>>I Went from Paying $600 a month for Car Insurance to only $111 a month! <<<
To do the same Visit Save489.com and Enter your Zip code and within a few minutes you'll have quotes which will help you save hundreds per month!
Article Source: http://EzineArticles.com/?expert=Danny_Carlson
For people who are unaware, every car insurance policy has discounts. Most drivers don't even bother considering this important aspect of insurance policies. In doing so, they miss out on some great savings.
Before choosing an insurance policy, you should always ask your insurance company for all the available discounts and how to qualify for them. There are some great possibilities here. Among the most popular ones are a respectable profession, no claims record, good driving record, senior etc. Some car insurance companies are known to award teenagers who get good grades with lower insurance rates. You should get hold of all this information from your insurance provider. As a matter of fact, this will actually help in choosing the right insurance provider for your auto insurance.
It's not enough that you have an adequate coverage at an affordable price. You also have to ensure that it remains that way. An insurance company that was affordable yesterday can be expensive today as compared to other insurance providers. With so much competition in the insurance industry, it is necessary for everyone to review their insurance policies regularly.
Paying a higher deductible will also lower your insurance rates. Likewise, if you can manage to pay the premium annually, you will reduce the insurance rate.
If you're looking for an affordable insurance coverage, do some online research and compare the quotes from different quotes comparison sites. This is the most effective way of choosing the best insurance coverage at the lowest price.
>>>I Went from Paying $600 a month for Car Insurance to only $111 a month! <<<
To do the same Visit Save489.com and Enter your Zip code and within a few minutes you'll have quotes which will help you save hundreds per month!
Article Source: http://EzineArticles.com/?expert=Danny_Carlson
Sunday, September 27, 2009
How to Buy Cheap Auto Insurance
It is hard to believe that many people buy auto insurance without even searching for the best and cheapest one. It is understandable, because one time I tried to call some auto insurances around my hometown and found out that the premium is less than $50 in difference. Your insurance company always tries its best to make you think that it is one of the best and cheapest in the business. In fact, it is not true you can always save yourself some money if you follow the step below.
1. Prefer class
It is essential that you know which class of driver that you belong to. Most insurance companies prefer some kinds of drivers according to their driving record and risk. Insurance companies can not openly admit it because it is driver discrimination. Some insurance companies that give university graduates and professionals a preferred class and the premium is 20% to 50% less than other insurance companies.
2. Understand the role of agency and direct writing auto insurance companies
The agency sold you the auto insurance policy received 10% commission of the total premium. This commission is added to the premium for the service which your agency provides and most agencies in your town may carry the same auto insurance companies in their books. Direct writing companies have no agency and the policy is written through phone or at their offices. People in the direct companies receive salary with no commission. It doesn't mean agencies carrying insurance are always more expensive than direct writing company. If you try to compare them, you will know what I mean.
3. Do not cover your windshield and auto glass
Since there are always $250 to $500 deductible in your auto insurance policy, how much would a windshield replacement cost? Most of them are less than $300 and you don't want to claim $50 and have the claim written in your record. On the other hand, you can always negotiate for a better price if you pay cash. Any claim in your record will increase the risk of your policy being canceled if you are involved in an accident in the future.
4. Services
If you buy your auto insurance company through an agency, you can ask them if you have any questions but most people either don't know what to ask or their agents are too busy to give them time. If you are involved in an accident you most likely will report first to your agent and this only delays your claim, especially when you have a loss of use clause in your policy. You always report the accident to your insurance company for prompted service. If you buy your auto insurance from direct writing company, you will be given instructions for what to do as soon as the claim is reported and most of them are opened 8AM to 6PM Monday through Saturday.
5. Stay with your insurance company
After finding the cheapest auto insurance, you should stay with them as long as you can because most insurance companies will not only forgive one or two tickets within 3 years but also only lower one star from your policy if you are involved in an accident. Constantly changing auto insurance company will increase the risk of the policy from being canceled if you are involve in an accident.
6. Do not claim anything less than $1000
With the deductible of $500 or more, claiming anything less than $1000 will increase the risk of your policy from being canceled if you are involve in an accident and reduce the forgiveness period (instead of lowering one star, the insurance company may cancel your policy).
7. Ask for discounts
Always ask your auto insurance agent or company for discount if:
a) You are over 50 years old and up
b) You have an alarm installed in your car
and tell them about
c) You have a good living lifestyle
d) You have a good occupation
For more information for how to buy a cheapest auto insurance policy
http://bestautoinsuranceguide.blogspot.com/
All rights reserved. Any reproducing of this article must have the author name and all the links intact.
"Let Take Care Your Health, Your Health Will Take Care You" Kyle J. Norton
I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990. Master degree in Mathematics, teaching and tutoring math at colleges and universities before joining insurance industries.
Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton
1. Prefer class
It is essential that you know which class of driver that you belong to. Most insurance companies prefer some kinds of drivers according to their driving record and risk. Insurance companies can not openly admit it because it is driver discrimination. Some insurance companies that give university graduates and professionals a preferred class and the premium is 20% to 50% less than other insurance companies.
2. Understand the role of agency and direct writing auto insurance companies
The agency sold you the auto insurance policy received 10% commission of the total premium. This commission is added to the premium for the service which your agency provides and most agencies in your town may carry the same auto insurance companies in their books. Direct writing companies have no agency and the policy is written through phone or at their offices. People in the direct companies receive salary with no commission. It doesn't mean agencies carrying insurance are always more expensive than direct writing company. If you try to compare them, you will know what I mean.
3. Do not cover your windshield and auto glass
Since there are always $250 to $500 deductible in your auto insurance policy, how much would a windshield replacement cost? Most of them are less than $300 and you don't want to claim $50 and have the claim written in your record. On the other hand, you can always negotiate for a better price if you pay cash. Any claim in your record will increase the risk of your policy being canceled if you are involved in an accident in the future.
4. Services
If you buy your auto insurance company through an agency, you can ask them if you have any questions but most people either don't know what to ask or their agents are too busy to give them time. If you are involved in an accident you most likely will report first to your agent and this only delays your claim, especially when you have a loss of use clause in your policy. You always report the accident to your insurance company for prompted service. If you buy your auto insurance from direct writing company, you will be given instructions for what to do as soon as the claim is reported and most of them are opened 8AM to 6PM Monday through Saturday.
5. Stay with your insurance company
After finding the cheapest auto insurance, you should stay with them as long as you can because most insurance companies will not only forgive one or two tickets within 3 years but also only lower one star from your policy if you are involved in an accident. Constantly changing auto insurance company will increase the risk of the policy from being canceled if you are involve in an accident.
6. Do not claim anything less than $1000
With the deductible of $500 or more, claiming anything less than $1000 will increase the risk of your policy from being canceled if you are involve in an accident and reduce the forgiveness period (instead of lowering one star, the insurance company may cancel your policy).
7. Ask for discounts
Always ask your auto insurance agent or company for discount if:
a) You are over 50 years old and up
b) You have an alarm installed in your car
and tell them about
c) You have a good living lifestyle
d) You have a good occupation
For more information for how to buy a cheapest auto insurance policy
http://bestautoinsuranceguide.blogspot.com/
All rights reserved. Any reproducing of this article must have the author name and all the links intact.
"Let Take Care Your Health, Your Health Will Take Care You" Kyle J. Norton
I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990. Master degree in Mathematics, teaching and tutoring math at colleges and universities before joining insurance industries.
Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton
Subscribe to:
Posts (Atom)
