Good Auto Insurance Rates

You need to know as much as you can about auto insurance. Equip yourself with the tools and information necessary to make informed, well-chosen coverage decisions. These tips should help you become an expert about auto insurance.

Get auto insurance recommendations from local auto repair shops. Body shops always have to deal with insurance companies. They can give you an honest and informed opinion on which insurance companies are good and which are tough to work with.

It is always possible to purchase additional coverage in excess of what the law requires. You will have more coverage, but your premium may be more. There are many uninsured motorists on the road, and uninsured motorist protection will protect you if you get into in an accident with one who is found to be at fault.

Talk to your agent if you’re thinking of switching to another company with better rates. Your current carrier will often be willing to make your rate competitive in order to keep your business.

If there is anyone listed on your policy who does not drive your car, you should have them removed. Having other drivers can increase your insurance, but if you remove them it can save you money on your premium, because that is one less person your insurance has to cover.

Becoming involved with professional organizations is a great way to receive discounts on your car insurance. If you are a member of an organization, such as AARP or even a member of a credit union, you may qualify for discounts on your auto policy.

Many states will require that you have liability insurance, at minimum, if you own a car. You are responsible for knowing what kind of insurance policies you are required to have. If you get into an accident, and you do not have insurance you will suffer financially, but there is also a chance that you can get in legal trouble.

You might want to consider carpooling with someone or possibly taking the bus. Insurance companies love it when a consumer shows responsibility, and lowering your mileage is one way to show this to them. Insurance agents can take the information about you traveling by alternative means that do not involve your car, and then possibly find a premium discount for you.

It’s a good idea to review your auto insurance rates policy each time it comes up for renewal. Make sure your information is current. Your commute can save money on rates, when you have switched jobs.

It is not a good idea to buy your teenager a car. It is a good idea to let them drive one of the family cars. Adding a teenager to a family plan is much cheaper than insuring him or her separately. Some insurance even offer discounts for students that get good grades.

Defensive driving courses can be a great and simple way to lower your insurance rates. Most auto insurance providers offer some type of discount for taking these courses. In addition, the course itself can help you by teaching you to be a safer driver. You can find these classes at your local driving schools. Check with your insurance company to see if they have any recommendations. Sometimes, these classes are available in online form.

Don’t cancel your original auto insurance policy unless you are absolutely positive that you have a different company lined up. Not having auto insurance is a risky game of chance. Accidents can happen at the most unexpected moments, and you want to make sure you are covered no matter what.

By removing unnecessary or extra drivers from your policy, it will lower the monthly insurance payment. If you have someone on your insurance that does not operate the vehicle, then you are pretty much just throwing away your money. Young drivers tend to pay more insurance, so removing them will greatly decrease your premium.

A good way to lower the price you pay for insurance is to simply drive fewer miles. If you drive infrequently, many insurance companies will reduce your premium.

The information presented in this article has, hopefully, increased your knowledge, which can guide you in making more informed decisions regarding vehicle insurance. How well you make decisions depends on how much knowledge you have. You can share these tips with your relatives and friends so they can benefit as well.

The Benefits of Having Multiple Cars

Car ownership in families is steadily increasing from single to multiple car ownership. According to statistics, multiple car ownership is on the increase and by 2035 it is projected that 32% of households in Great Britain will have more than one car but, what are the reasons behind this and do they stack up, let’s take a look? 

• Cheaper car insurance

It may at first appear that having multiple cars incurs more costs on car insurance. However, if you insure all your cars at once, you could end up paying less for car insurance. A multi-car insurance policy is an insurance plan that covers two cars in one single policy. Multiple car insurance is cheaper both financially and with regard to time. For example, instead of having two insurance renewal dates, you have just one, making management easy for busy families. The same is true when you need to speak to your policy providers, for example to update them on a change of address. One single call is enough as all your vehicles are covered by the same policy.

• Convenience

For a large family, having multiple cars is great for convenience and flexibility. If there is ever an emergency, such as a trip to the doctor or a birthday party at the other side of town, having two cars is a great way to ensure no one will be left stuck at home. These days, many parents are doing more than one job to keep the family financially stable. In these cases, having only one car can be disadvantageous if one parents works longer hours and the children need to be picked from school.

• Specific car for specific occasion

This is a major advantage for big families that love outdoor activities. A saloon car can be used by anyone to go to work, food shopping, visiting friends or taking long trips. However, this is not the best car for camping or hiking. Therefore, owning a large SUV is good for families who often go on road trips where terrain can be tricky and renting a vehicle may be expensive and inconvenient.

• A car for teenagers

Not every parent is comfortable letting his or her teenagers learn how to drive using the primary car. It is wise to buy an easy to maintain and a cheaper car which the teenagers can use to learn how to drive. This way, in case your teenage does have a driving accident, you will still have a vehicle to get to work each day.

So, as we can see there are definitely some obvious benefits as to having more than one car in a family and the reasons we have outlined above, along with numerous others, are all probably fueling the growing number of multi car families.