Before You Buy Auto Insurance, Check Out These Top Tips!
Make sure that you stay up to date with what is happening in auto insurance. By learning as much as possible about auto insurance, you are guaranteeing yourself the best possible policy you can get. Here are some tips to help you make better decisions about auto insurance.
When thinking of buying aftermarket car additions, check with your insurance company on how much they will cover if ever your car gets damaged or stolen. There are lots of cases where the insurance won’t cover these additions.
Before you purchase a car, find out how much it would cost to insure it. Your insurance agent can advise you on the models of cars that can save you money on your premiums. This can be a big help to you in choosing a new or gently-used car. A car with a higher safety rating will save you money in the long run on the lower cost of your insurance premium.
In a number of states, you’re required to carry liability insurance if you are the driver of a car. Knowing what type of coverage is required by law in your state is the responsibility of you as a citizen. If you are uninsured and you get into a accident, you are breaking the law.
Utilize public transportation or ride to the office with co-workers. Insurance companies like customers that show responsibility, and decreasing your car’s mileage is one of the things that you can do to achieve this. By telling your agent you take public transportation, you could be in line for a discount that will reduce your premium.
You will serve yourself better by acquiring various quotes for car insurance. Rates will sometimes vary drastically. You should look around for a new quote about once per year. Make sure this year’s quote is for the same coverage as last year.
The person who drives the car on the car insurance policy is the only one being insured – you should always remember that. It is not uncommon for a vehicle owner to lend their auto to someone else, only to find that their insurer will not pay claims when an accident occurs. There are coverage options that insure only the car itself, rather than a car/driver combo, but you have to pay extra for these types of policies.
If you want to save on insurance, get one that is less sporty. It costs more money to insure a sports car. Instead, buy a less flashy car. Those with high performance engines will be expensive to cover because they are involved in more accidents. Nice sports cars also happen to be a greater target for theft, and your insurance premiums will reflect it.
Ask for a list of discounts that are available through your current insurance policy. Go through each one, and make a note of any that apply. You want to be sure that you are getting every discount you possibly can, so that you save as much money as possible.
Never cancel your existing policy without first getting coverage in effect with another company. You do not want to be without car insurance, even if it is just for a couple of days.
You can create a list of the discounts and go through them to find all the discounts you can get. You may very well be surprised that by claiming discounts there is a lot of money to be saved.
Each insurance company follows its own set of procedures. You can always shop around to receive competitive quotes from different companies so you can choose the pricing that fits your needs.
It is important to consider every possible scenario when choosing a coverage amount. Your liability coverage should be adequate to cover the replacement of your assets. Likewise, you need to consider the cost of resulting medical bills, as well as the expenses you will incur if you are found liable for an accident. You should play it safe and have enough coverage.
Even though your insurance company should send someone to record damage from an accident, you must also document what happened. If you can, take pictures with your cell phone or ask a witness to take pictures with his phone so that there is a record of the incident. You may also want to leave a camera with you, just to prepare yourself for the worst.
Completing a safe or defensive driver program can be a very smart investment and can save you a significant amount of money on your premium. In addition to the discount on your premiums, which most insurance companies offer, you will learn defensive driving skills that make you a better driver on the road. Check with your local driving school to see if they have these courses available. These can be located online as well.
It is important to keep excellent record of all paid insurance bills. You’ll need your records for proof of payment should there ever be an issue with the insurance company.
Provide the insurance company with a list of all of the car’s safety features to make sure you are getting the lowest rate for your car insurance. Theft protection devices and air bags can bring you a discount on your premiums since the insurance company wants to reward the use of devices that reduce future claims. You can receive the same benefit by retrofitting an older vehicle to include these features.
People who drive less are often rewarded with lower insurance premiums. You should get this discount if you drive less than 7,500 miles every year. If you take any type of public transportation to commute to work, you may be able to get a commuter discount as well.
If you want cheaper insurance, you may need to move. Premiums and insurance policies can vary based on your geographic location. So, auto insurance policies could be less expensive if you plan on moving.
Apply the knowledge you have gained through this article to start making better auto insurance decisions. The more one learns, the better decisions he or she will be able to make. These tips can not only help you, but your friends and family!