Sunday, April 6, 2008

Car Insurance Tips - The Three Biggest Money Savers

With the increasing number of car accidents & 39; and the & 39; increase in the cost of auto insurance & 39; these days, you want to be sure that you get the best insurance at the best price. Here are three tips from & 39; automobile insurance which will show you how to save the most money.
Car amount of & 39; insurance Tips
Tip 1 - Get quotes. Shopping in price is by far the best way of getting the & 39; more money on your insurance premium & 39;. There are a number of Web sites that will give you quotes from insurance companies & 39; so you can compare and & 39; get the cheapest fare. (See below.)
I & 39; ve known people who have saved $ 500 to $ 1000 on their auto insurance by just companies.
Tip 2 - Increase your deductibles. A deductible is the amount you pay on a claim before your insurance kicks in. Most of us & 39; n & 39; have never file claims for small amounts of damages because the companies & 39 ; insurance can hike up & 39; your rates if you file too many claims, c & 39; therefore makes perfect sense d & 39; increase your deductible to a maximum of 39 & ; with.
Increasing an amount you are comfortable with & 39; on your collision deductible from 200 to 500 dollars to reduce your annual premium of 15% to 30%. The increasing to $ 1000 can lower your premium by half.
Tip 3 - Drop collision. Collision covers the cost of repairing damage to your vehicle regardless of who was at fault. If you drive an old car, dropping collision coverage if your prime consideration is equal to 10% or more of your car value.
Dropping your collision coverage can save you $ 300 to $ 500 per year depending on l & 39 ; age and make your car.
Visit http: / / Www.LowerRateQuotes.com or click on the link below to compare rates & 39; auto insurance high-rated companies and see how much you can save. You can get more & 39; automobile insurance, use the tips of their articles " " section.
The author, Brian Stevens, is a former officer & 39; insurance and financial consultant who has written a lot about the money & 39; d & 39; saving & 39; automobile insurance advice.



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