| By Alevoor Rajagopal
Saving a few dollars on your car insurance
isn't all that easy if you assumed that browsing
around shopping for cheap auto insurance quote
is the way. Sure it pays to compare quotes from
different sources but the question is how sure
are you that none of them have jacked up the
rates or haven't included what is not needed
by you.
Here are a few sure fire ways to reduce your
car insurance premium.
Take a fresh look at different car drivers'
policies before you begin listing out your needs.
This helps develop a broader perspective and
the insight you get is incomparable in terms
of the leverage you get to design your mix of
covers for yourself and apart from savings on
premium.
Write down all the information that you need
to provide the insurers with like your marital
status, zip code, safety features fitted, details
of your family members and average mileage you
do every month. Critically analyze each factor
against the risk they potentially pose.
Specify different covers you need in writing
and make sure that the quotes you received do
not include what you haven't asked for. For
this, list out different health and life insurances
each of your family member has in order to strike
out unnecessary duplication of the covers under
car insurance.
Failure to furnish these details leads insurance
companies to quote by default a higher auto
insurance rate. More the details you provide
better are your chances to get all the available
discounts that you qualify for.
If buying cheap auto insurance is your intention,
getting maximum benefit is the goal and so is
quicker claims settlement. Begin searching for
cheap auto insurance well in advance. This not
just avoids last minute compromises but you
have enough time to dig into typical claim settlement
cases of each company.
Designate the main driver to each car you own.
Premiums on female main drivers for trucks are
lower than male main drivers and it is the reverse
in case of a minivan. Don't designate teens
as main drivers of sports cars for the same
reason.
Lower the mileage, greater is the discount on
car insurance. In most US states 40 miles per
week is the threshold point to avail it. Consider
car pooling or taking a bus to office if you
are bordering around that figure.
Check out the fine prints, hidden charges, delayed
payment penalties and the like, for they silently
contribute to increase your car insurance bill,
no matter whether they were quoted or not. Check
out whether defensive driving discounts are
available.
Availing cheap car insurance isn't a simple
routine matter to ignore. It is not even just
about your premium payment. Choose the right
mix of covers that gives the best benefit in
combination with your life insurance and health
insurance.
Alevoor Rajagopal, MBA, a business consultant,
voices on fair practices in used car deals.
He also writes passionately on showcasing individuality
with MySpace layout.
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