How To Reduce Car Insurance PremiumsBy John Mussi
Here are some useful tips on how to reduce car insurance premiums. Firstly, you need to find a sense of balance between coverage and cost. Apart from negotiating a good deal, there are some other things that you can do to further bring down your car insurance premium for example;
Many insurers average yearly mileage at 12,000 miles. If you do not drive this amount, you can inform your insurer, thus resulting in a reduction in your premium.
Park the car - Parking your car in a secure location such as a locked garage or a secure designated off road parking spot can potentially reduce your premiums.
Bulk buying - Most of the big insurance companies offer all forms of insurance such as home, life etc. You may receive a discount for buying multiple forms of insurance with the same company.
Female drivers are statistically less prone to accidents. Women can avail their quotes from a firm that specialises in covering female drivers.
Anti-theft alarm - Equip your car with electronic central locking and alarm. Most insurance companies have a discount if you have these devices fitted in your car.
Avoid high interest rates - Interest charges are very high if you were to pay your premium in monthly instalments. It would work out cheaper to pay your premium in one lump sum.
Buy on the Internet - Financial products are far cheaper on the Internet than elsewhere. Car insurance is usually about 10% cheaper when you buy online.
Shop around - Be prepared to do the legwork, if you want a good deal.
Check the insurance rating - Some cars are considered to be of a higher risk than others. Before buying a car, check out its insurance group rating as car insurance premiums vary greatly between insurance groups.
Imported cars are expensive to insure - The price of a car bought abroad may be cheaper, but most likely, the insurance won't be. This is because, the parts can be more expensive and difficult to find, so take this into consideration unless you are buying a car fully catered for in UK.
|
Metro Denver has sixth-least expensive car insurance in the nation
The Denver metropolitan area has the sixth cheapest car insurance in the nation, according to a report released Thursday by insuranceQuotes.com.
Americans Spend More Time Researching a New Car Than Health Insurance Options
NEW YORK ( MainStreet ) ? While some consumers wait anxiously for the annual health care open enrollment period, other Americans are in a rush to choose benefits despite its lasting consequences.
K.W Oxnard: White Americans, white privilege
In the 1990s, when I lived in New York, a friend I'll call Adam and I drove out to his house in Montauk, Long Island. A few miles into town, we noticed a police cruiser behind us. Adam, a stockbroker in his 30s, began to panic.
Why Motor City is an Expensive Place to Drive
Detroit may have one of the lowest costs of living in the country, but its residents are paying 165 percent more for car insurance than the national average, according to a new analysis by InsuranceQuotes.com. The average cost of car insurance nationwide was $797 in 2011 (the most recent data available), according to the National Association of Insurance Commissioners. Motor City residents pay ...
Detroit Tops U.S. In Car Insurance Costs
Detroit isn't just the car capital of the U.S. ? it's also the king of car-insurance costs. According to insuranceQuotes.com, a subsidiary of finance-info provider Bankrate Insurance, the Motor City and its metropolitan area lay claim to the dubious distinction...
Renting a Car With Your Credit Card: The Devil Is in the Details
NEW YORK (MainStreet) -- Credit-card companies like to tout how you'll get free insurance if you rent a car using their card, but a detailed analysis finds that the coverage they provide sometimes excludes big SUVs, overseas rentals and more. "Most people probably have at least one card in their wallet that provides car-insurance coverage, but what's important to understand is that the devil is ...
Detroit Has Most Expensive Car Insurance, Charlotte Has Cheapest
SAN FRANCISCO, Sept. 11, 2014 /PRNewswire/ -- Detroit has the most expensive car insurance and Charlotte has the cheapest, according to a new insuranceQuotes.com examination of average premiums in the ...
Update: It's Still Ridiculously Expensive To Drive In Detroit
Nothing new here, just more evidence that's car insurance is sky high in the Motor City. According to some figures, Detroiters pay 165% more than the national average. Read more...
Survey: Detroit Has Most Expensive Auto Insurance Rates In Nation
In the metro Detroit area, drivers pay a whopping 165 percent more than the national average for car insurance.
Housing Woes Worse in L.A. Than New York, San Francisco
Jeanette Cross took out a payday loan to cover her May rent of $1,600 in South Los Angeles. "I'm further and further behind," Cross, a 34-year-old single mother of four, said in a telephone interview. Angelenos use a bigger slice of their paychecks on shelter than people in New York, San Francisco or Miami, studies show. "They're bottom earners living in a high-priced housing market," said ...
|
