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Car Insurance Money Saving Strategies
Also see the tips for insurance in general.
- When your car drops below $1500-$2000, eliminate the collision and comprehensive.
After the deductible and premium costs, you won't get much if anything.
- Check the insurance rates on cars when you are shopping for a car. Because of the cost of
repair or history of theft, the car you are eyeing may have higher rates than you can afford.
- Check to see how many claims or tickets in what period of time
it will take before the company will raise your rates and
how much the increase will be.
If you are like me and get an occassional ticket, it saves
money to get a company who won't penalize you unless you
get a couple tickets/claims in a short period of time.
- Ask what discounts are available.
Possible discounts include: multi-car, driver training,
good driver, anti-theft, senior citizen, passive restraints.
- You are probably covered for rental cars under your regular
policy and your credit card may have an automatic
insurance that covers the rest, so you probably don't
need the CDW, collision damage waiver when renting a car.
Check your creditcards and use the one that covers the
deductible.
- If you have a vehicle that is only used part of the year
and garaged the rest of the year, e.g. motorcycle or
snowmobile, then you should only insure it for the part of the year
in which it is used. Check with your agent to see what is available.
Some companies also have special policies for partial year use or
collectible cars.
Places to get on-line quotes
Answer Financial - Home, Auto, Life, Renter's,
Condo, Travel (Trip cancellation), Health, Vision, Dental, Long Term Care,
Home Warranty.
- InsureMe
- NetQuote
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