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eTyres care about our customers. The
following article may be of interest.
Tips to Save on Car Insurance
By Pradeep Aggarwal
We all wish to make savings in our life. Cars included.
Myriad insurance companies offer varying premium rates
depending on their policy coverage. So it is important
that you get the best Insurance package for your car.
These tips will help you how to manage your Car
Insurance budget within limits.
Making Comparisons: The costs of at least three to six
insurance companies will give you a fair idea of the
costs involved with different policies. Seek the advise
of colleagues, friends, relatives. Besides from costs
involved, the track record of the companies matter a
lot.
The standing, strength and financial position of the
company need to be looked into. Request for higher
deductibles - It's the amount one pays prior to making
any claim for the accident. The complete coverage and
collision is sold along with the deductibles. The more
the deductibles the less the premium rate. By increasing
the deductible say from $300 to $600 will invariable
reduce the cost to 20 to 35 percent.
Old Cars - Drop Collision and Comprehensive Coverage -
It is better to drop the collision and comprehensive
coverage if the car is worth less than 10 times your
premium in the current market. One way to reduce the
cost is buying the auto coverage from the existing
insurance and insurance coverage from existing carrier.
No to Double Health Coverage - Avoid health coverage
with auto policy provided you have enough health
insurance. This is one way of reducing costs.
A Good Credit Card Record - This has multiple benefits -
helps to file claims if the credit score is less. A good
credit score will also help in settling the accident
with the help of the company.
Low Profile Car Discount - Fancy and trendy cars with
high maintenance costs higher rate and attract thieves
as well. A low budget, low profile car will help a lot
with insurer discounts to boost.
Mileage Counts - More discounts can be obtained by
driving less than the national average mileage recorded
per year.
Avoid double health coverage- If you think that you have
enough health insurance, and then avoid health coverage
with your auto policy. This will help you to reduce the
cost.
Maintain a good credit record- Insurers are using the
credit history while determining the price of insurance.
Statistically, the lower your credit score, the more you
are likely to file claims. A person with a good credit
score is more likely to settle the accident without the
support of the company. Try to maintain a good credit
record.
Discounts with low profile car- Cars that are expensive
to repair or attractive to thieves will have a higher
rate. Consider buying a low profile or average car as it
your insurer might come up with discounts for such a
car.
Low Mileage Pays - Obtain some discount on premiums by
driving less than the national average mileage recorded
per year.
All about Group Discount - It's all about a group taking
insurance plan collectively. Be it an employer, business
group or associations. Check for such plans.
Safety Discount - Discounts are also offered if the car
is fitted with safety items like air bag, automatic seat
belts, anti lock brakes. So make safety pay for you.
About the Author
Pradeep Aggarwal is the creator of the auction spectrum.
This site is dedicated to helping people start and run a
successful online auction business. Visit his site to
get a free report and articles on more "Tips & Tricks on
Online Auction Business" www.auctionspectrum.com |
