Friday, August 20, 2010

Different Ways to Save Money on Car Insurance

A lot of people are making it a priority to save money today and thus they want to know how to save money on car insurance. There are numerous ways in which you can save money on car insurance.
Look For Discounts
See what discounts you qualify for. These may include:
  • Multiple Cars: If you are insuring more than one vehicle with the same company, make sure that you are saving 10% to 25%.
  • Driver's Training: Take a driver's training course, especially if you are an elderly driver. This will save you 5% to 15%
  • Student Discounts: If you have a student on your insurance policy that gets good grades, look into what discounts are available. You will also save money by listing them as a secondary or occasional driver.
  • Lower Usage: If you drive your car less than 7,500 miles per year, you should be saving 15%. You could even use public transportation in order to ensure that you can take advantage of this discount.
Take Advantage Of Safety Features
Make sure to take advantage of any of the safety features in your vehicle. Items such as antilock brakes, airbags, anti-theft devices and safety ratings can all save you money.
Final Resort: Shop Around
Even with these discounts you may still feel as though you are paying too much for your car insurance. In this case, you should take some time to shop around. Today this is really easy to do thanks to the Internet. There you can get quotes from several different companies within just a few minutes. Of course, you also shouldn't be afraid to pick up the phone and make some phone calls. While you are doing this though, make sure that you have all of the information from your current policy in front of you so that you can be sure that you are making equal comparisons. This is important because a standard policy with one company may be different at another company. Even a slight difference can make a big difference.

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