Car Insurance Discounts & Tips That Can Lower Your Car Insurance Rates....Whether Your Car Is Brand-New or 10 Years-Old.
REVIEW FIRST...THEN GET YOUR POLICY OUT
Two things - One, review all of the this Guide before you shop for lower Car Insurance Rates.
And two, make sure you have your current Car Insurance Policy handy - specifically the Declarations Page. It's usually the first page of the Policy and it shows what coverage you have now....and what you're paying for that coverage. After all, it's tough to save any money if you don't know what you're spending now.
Can't find your Declarations Page? Call your Insurance Company and get one - they'll be happy to help.
In the meantime, keep on reading.
AIR BAGS and AUTOMATIC SEAT BELTS
Automatic seat belts are those annoying belts that choke you when you close your car door. Some companies might discount up to 30% off Personal Injury Protection and Medical Payments coverage if the driver and passenger sides have air bags and automatic seat belts. Discounted rates are given because the insurance company knows you'll be belted in every time you get in, so your risk of injury in a crash is much less than someone who doesn't wear a seat belt.
If you have side-air bags and/or Head Curtain Air bags for the front and rear, your car insurance rates will be discounted even further.
IF I TOTAL MY CAR....
If you wreck your Car, Truck, Van or SUV, and it's "Totaled" by the insurance company, what happens? For most, the Insurance Company will notify you that your vehicle was a total loss. Then the fun begins. Most car insurance companies only pay you what the vehicle was valued at - at the time of the accident - not what you owe.
Even if you owe $10,000 - $25,000 more than what's it's worth, all you're going to get from the Insurance Company is the vehicles current value. And sorry to say, that's the case with more than 97% of all car insurance policies written. Go ahead - read your current policy - I bet it says "actual cash value" which actually means "current value" only.
The next time you buy a car or truck, either put 30% down, or inquire about Gap Insurance. Every last dime owed to the Bank is paid - and sometimes more. Ask your Insurance Companies & others if they offer Gap Insurance. It should cost between $200 - $300 for the 4 or 5 years you're paying for the new vehicle. After that, cancel the coverage. If their Monthly Premium is competitive, and they offer Gap Insurance, jump all over it.
If you're in the market for a new vehicle, or have had your car or truck for less than a year, take a few minutes and learn a little more about Gap Insurance.
If you still owe a ton of money on your car, it might be wise to investigate Gap Insurance.
This Professionals List Of The Companies With The Lowest Car Insurance Rates (You Might Be Surprised By Whose Not On The List)
Insweb - Car Insurance Rates Service - Fast Service and offers you coverage from GMAC, Amica and Liberty Mutual....give Insweb a try as well.
Electric Insurance Company - Car Insurance Rates Service - Originally started by General Electric for it's Employee's only - now it's open to you.
Insurance Finder - Car Insurance Rates Service - Easy Process....and Quick.
Insurance.com - Car Insurance Rates Service - Try the Premium Quotes Service that offers a side-by-side comparison from Companies such as the Travelers, Liberty Mutual, The Hartford & MetLife.
AIG Auto Insurance - Car Insurance Rates Service - A Huge Company - And very often has the lowest rates.
Esurance - Car Insurance Rates Service - The First & The Fastest. Give Esurance a try!
USAA Insurance - Car Insurance Rates Service - For active duty and former Military Personnel, their Spouses, ex-spouses and dependents. My Insurance Company.
AARP Car Insurance - Car Insurance Rates Service - Only Drivers 50 and over qualify. If that's you, give them a look.
ANTI-THEFT/ALARM/TRACKING UNIT WILL LOWER YOUR CAR INSURANCE RATES
Some car companies give discounted rates on your Comprehensive premium when an active anti-theft device is present. This usually means a Car/Burglar alarm. Some companies may even give you more of a discount if the alarm sets itself automatically when you turn your vehicle off. I've seen up to a 5% discount and though it doesn't sound like much, if it's combined with the other discounts it certainly helps make a larger dent in your monthly car insurance rates. And if you have a Tracking Unit, the Discount Rate is even higher.
** POLICY CHANGES THAT WILL LOWER YOUR CAR INSURANCE RATES **
Do you have 20 Minutes to spare?
How about if it helped slash more than $6,372 off your Car Insurance Rates over the next ten years? It's THE most important information on this page - Find Out More about lowering your car insurance rates.
ANTI-LOCK BRAKES (ABS) WILL LOWER YOUR CAR INSURANCE RATES
If you have Anti-Lock brakes (ABS), you could get up to a 5% discounted rate on your Bodily Injury and Property Damage coverage.
TRACTION CONTROL WILL LOWER YOUR CAR INSURANCE RATES
As more and more cars, trucks, vans and SUV's offer this, more and more insurance companies are giving small discounts for having it.
ALL-WHEEL DRIVE (AWD) WILL LOWER YOUR CAR INSURANCE RATES
Along with ABS, one the best safety inventions to be mass-produced in a long time - see if there is a discounted rate for having all-wheel-drive.
STABILITY CONTROL WILL LOWER YOUR CAR INSURANCE RATES
At the outer-limits of you Tires usefulness, this system help keep your vehicle "On the Pavement". Make sure to check if you can get lower car insurance rates for this.
RUNNING LIGHTS WILL LOWER YOUR CAR INSURANCE RATES
Some say that Daytime Running Lights reduce the risk of an accident by almost 10% - ask about a discount.
DRIVING SCHOOL WILL LOWER YOUR CAR INSURANCE RATES
Some Car Insurance Companies give young drivers (under age 25), who finish a State approved Drivers Ed class, up to 10% off on Bodily Injury, Property Damage, Medical Payments, Personal Injury Protection and Collision coverage -- Mom's and Dad's....check this out to see if it will lower your car insurance rates!
SAFE DRIVER STATUS WILL LOWER YOUR CAR INSURANCE RATES
If you're a safe driver (usually 3 years with no points/infractions) you'll qualify for additional savings. Your Car Insurance Company should let you know usually with a statement on your Bill that says something like "Your Premium reflects the maximum discount allowed for safe drivers". If it's been 3 years with no incidents, pick-up the phone and ask to get your rates lowered.
GOOD STUDENT STATUS WILL LOWER YOUR CAR INSURANCE RATES
Do you have kids? Are they on your Car Insurance Policy? Are they good students?
Well, what are you waiting for - Find out what kind of Discounted Rate you can get!
MULTI-CAR or HOME & CAR POLICY WILL LOWER YOUR CAR INSURANCE RATES
If you insure 2 or more vehicles on the same insurance policy, there are insurance companies that will give you a discounted rate for multiple vehicles. And it might get a whole lot better if you insure your Home or Apartment with them as well.
SAFE VEHICLE - SAFE LISTS STATUS WILL LOWER YOUR CAR INSURANCE RATES
Many Auto Insurance Companies classify certain cars as "Safe Cars", which means there is information in their Files, or in the Governments Files, that says there is less of a risk (injury or death) by the way a vehicle is designed & built. Ask if your vehicle is on the "Safe" list.
And if you're looking to buy a new vehicle make sure you check out Safety Ratings - there is a huge difference....and it could cost you or a loved-one their life.
PARKING IT IN THE GARAGE WILL LOWER YOUR CAR INSURANCE RATES
Make sure you check your Car Insurance Policy to make sure you're getting a small discount for parking your car in your garage at night. Don't see a discounted rate anywhere? Pick up the phone and ask your insurance company about it.
I do have an obligation to point out that not all Car Makers, Dealers, Salespeople, Insurance Companies and Banks are greedy or crooked. This site is dedicated to honest Companies and their Professional Employees who've grown weary of the ignorant and classless giving the automotive related industry a black eye......a black eye that I feel is very close to being permanent.
By using these new and used car guides, I hope to be able to help you find the Best Businesses, and the Professionals that represent them, with very little effort on your part and help you....
Save More Money and More Time Than You Ever Have Before.
It is also my hope that these Companies and the Professionals that represent them will have more business than they can handle - a reward they justly deserve.
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I guarantee that you will have an exceptional experience the next time you buy a car, van, truck or SUV - again, thank you for visiting this Web Site!
Tom O'Leary - "A Concerned Dad....and Automotive Analyst"
New Car Purchase - Exceptional New Car Purchase Advice and Automobile Purchase Strategies for your next new car or used automobile purchase.
Feel free to e-mail me at: Tom at my new car purchase (no spaces) dot com - or take a few seconds to send a question or comment by Clicking here
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