Cheap Car Insurance - 7 Tips To Reduce Your Car Insurance Costs

With the cost of car insurance becoming more and more of an issue for the average American family, there are increasing numbers of people looking for cheap car insurance. But although it is possible to find cheap car insurance, the question remains, is it worth buying?

Everyone knows that car insurance companies are not all equal. Cheap car insurance is wonderful when paying the bill, but make a mistake on the company you select and you could find that the cheap car insurance policy that you found may turn into a nightmare. Cheap car insurance may not turn out to be so attractive when making a claim.

So if you have found a discount car insurance broker don’t just take the cheapest quote that you get. You need to find out a little about the insurance company that is offering the cheap car insurance rates.

And there’s ways to reduce the cost of your car insurance even with the best of companies. Here are some tips for those looking for cheap car insurance to help reduce the cost of car insurance without compromising other things.

7 Cheap Car Insurance Tips

1. Look at your deductible amount. This is the amount that you pay first out of any claim. The cost of your policy is directly related to this amount. Many people, particularly those who have had their insurance policy for a long time, have never considered whether they ought to vary their deductible. If you have a good driving record and are prepared to increase the risk of paying a larger amount in the event of a (hopefully unlikely) claim you can save money by increasing your deductible.

2. Have a look at the type of car you drive. Certain types of cars attract higher car insurance rates. Cars such as sports cars and also certain makes and models that are prime theft candidates cost more to insure. If you are buying a car then find out which makes and models these are before you buy.

3. Drive carefully. Although it sounds a little trite to say it, your car insurance cost is a factor of your risk profile. You won’t get cheap car insurance if you have had 3 speeding fines and 2 accidents in the last year. These things are all taken into account and you should take care with how you drive. It all adds up onto your bill. There are big safe driver discounts available.

4. Considering installing safety and anti theft devices in your car. Again these affect your risk profile. If you have a car that is safer and less at risk of theft it should be cheaper to insure. And if you have a car with certain safety devices now check that your insurance company is aware of these, if not tell them.

5. Look at your policy when it comes to renewal time, don’t just pay. There are some things that you can vary in your policy that will affect the cost. Often there are some things there which duplicate other insurance that you may have that can be eliminated. Be critical, look carefully and ask questions about all these before you renew your policy.

6. Have a look at who your other insurers are. Many insurers offer a discount for multiple policies. If you insure your house with a certain company then ring them up and find out if they do car insurance. Get a quote from them. Find out what discounts they offer.

7. Find a good online discount car insurance broker before renewing. The internet is a fabulous resource. Use it. There are all sorts of discount insurance brokers online where you can get fast quotes from a wide range of companies. Don’t just settle for the same company you always use. Car insurance rates vary all the time. Always get comparable quotes before renewing any policy.

So if you’re in the market for cheap car insurance there’s some ideas for you. Don’t just accept that car insurance is always prohibitively expensive, get out there and do something about it.

Cheap Car Insurance

Finding good car insurance can be very difficult. Here are a few tips:

• Try a few different insurance companies. Companies are different. So are their prices. You may find that one company wants to charge you $1000/month for insurance and another will only charge you $400/month. You might be one of the lucky ones who only gets charged $30/month. Regardless of who you are, call multiple carriers even if the first quote you get appears to be low. You may find another company with a lower rate for you.
• Talk to friends and family. Other people are just like you, they want cheap insurance too. Chances are, you know someone who has already called all over the place and can give you some good pointers on which car insurance companies were the cheapest for them. Remember, nobody likes to spend money on auto insurance.
• Use the internet. The internet is a great place to find auto insurance. You can find out information about insurance companies, compare rates, get quotes, and shop around without leaving your house. There are also websites out there like 1carinsurance.org who have organized insurance company data and user data and will tell you which companies people are having success with in finding the best car insurance for them.
• Get auto insurance quotes. Don't just trust them. Get a quote. They're free (or, if the quote isn't free you know you don't want to use that company). If you can get quotes from 6 or 7 different companies, you then have hard data to compare the companies against each other. You're also pretty sure you're going to get the lowest rate.
• Try local companies. Often times people only think about the big auto insurance companies like Geico or Progressive. They don't even look around their local communities for auto insurance companies that might exist. Often local companies can offer cheaper rates because they don't have the large buracracy that larger companies have.

Just remember to shop around as you look for cheaper car insurance. The first company isn't always the best.

Car insurance Prices Increase By 5%

Recent figures released show that prices have increased by 5% compared to last year, the main group that has ended up paying considerably more is drivers aged between 40 and 50 who have seen their prices rise by 7%. The average premium for British motorists is now £497.26; however the under-25's have to pay over double this figure and charged an average of £1,255.

Finding cheap car insurance is still attainable despite the increase. One of the best ways to find a better deal is by not being too loyal; customers often accept the renewal quote from the current provider without looking for alternatives. A well known insurer recently showed that Brits were wasting an astonishing £1.9 billion by remaining with their original provider.

Couples can also get a better deal; a joint policy can save a couple around £100. Changing your car plays an important role in the calculating of your motor insurance. All cars are given a rating of 1-20 depending on the cost to repair, the power and the security features. Obviously, a car with a rating of 20 will have a higher premium than a car with a rating of 1. One more thing, although you don't want to leave yourself short, don't throw your money away on extras that you probably will never need.

Whatever deal you find, the increases have made shopping around and comparing various car insurance deals even more important. Shopping online enables customers to find the best deals around and is the easiest and most efficient way of finding the most comprehensive offers. There are ways to reduce the cost of your insurance and in today's financial climate, taking advice can save you hundreds of pounds.

After car insurance prices increased recently, finding the best deal for you is imperative. For the best motor insurance deals, shop online and speed off (not literally!) with cheap car insurance.

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