You can't drive without insurance in most parts of the country. But even though we can't argue about it's usefulness, the extra burden it is makes us wish to go without. Since doing without is NOT an option, we have to go for the next best thing: Try to get it without putting a very huge hole in our pockets. Here are 5 tested ways that will help you cut down your rate by a huge margin...
1. Don't add a personal injury coverage to your auto policy if your health insurance policy already takes care of that -- That's duplicating coverage. Make your personal injury protection as low as the minimum required by law in your state if your health insurance coverage takes proper care of you in case of an accident. Why should you pay higher rates that will NOT translate to more benefits?
2. Statistically, women are safer drivers. Therefore, if you're married, buy your auto insurance policy in the wife's name and let the man be listed as a secondary driver. If your ego won't get in the way, this would reduce your family auto insurance rate.
3. If you can, take a course in defensive driving because this guarantees a good discount from most insurance carriers. The reason is simple: Defensive drivers are trained to drive safer. This is particularly important for high risk profiles. Over the course of, say twenty years, you'll definitely save several thousands in premium dollars for being certified a defensive driver. I strongly advise you to look for an approved center and get this training. Finally, make sure your insurer is informed once you are certified so you can enjoy well-deserved lower rates.
4. A lot of folks have lost their cars in the short seconds that they dashed inside to get something while leaving their cars running and unlocked. Don't make this mistake. The only easier thing for a thief would be if you handed over your keys as a gift. Car thieves are known to go for easy targets. It certainly doesn't get easier for a thief than an unlocked car with a running engine.
5. Before you get carried away with the few hundreds you will save on a house, check if it will not cost you much more in auto insurance. Homes in the same neighborhood may fall under different risk zones as far as your insurer is concerned.
So, as part of your home shopping activities, check how this neighborhood will affect your auto insurance rate. The truth is that most people don't think about this when they are about buying a home.
Remember, you might live in this home for up to 20 years or more. If its location makes you pay up to $300 more in premium, that will add up to $6,000 within that time frame.
1. Don't add a personal injury coverage to your auto policy if your health insurance policy already takes care of that -- That's duplicating coverage. Make your personal injury protection as low as the minimum required by law in your state if your health insurance coverage takes proper care of you in case of an accident. Why should you pay higher rates that will NOT translate to more benefits?
2. Statistically, women are safer drivers. Therefore, if you're married, buy your auto insurance policy in the wife's name and let the man be listed as a secondary driver. If your ego won't get in the way, this would reduce your family auto insurance rate.
3. If you can, take a course in defensive driving because this guarantees a good discount from most insurance carriers. The reason is simple: Defensive drivers are trained to drive safer. This is particularly important for high risk profiles. Over the course of, say twenty years, you'll definitely save several thousands in premium dollars for being certified a defensive driver. I strongly advise you to look for an approved center and get this training. Finally, make sure your insurer is informed once you are certified so you can enjoy well-deserved lower rates.
4. A lot of folks have lost their cars in the short seconds that they dashed inside to get something while leaving their cars running and unlocked. Don't make this mistake. The only easier thing for a thief would be if you handed over your keys as a gift. Car thieves are known to go for easy targets. It certainly doesn't get easier for a thief than an unlocked car with a running engine.
5. Before you get carried away with the few hundreds you will save on a house, check if it will not cost you much more in auto insurance. Homes in the same neighborhood may fall under different risk zones as far as your insurer is concerned.
So, as part of your home shopping activities, check how this neighborhood will affect your auto insurance rate. The truth is that most people don't think about this when they are about buying a home.
Remember, you might live in this home for up to 20 years or more. If its location makes you pay up to $300 more in premium, that will add up to $6,000 within that time frame.
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