Auto insurance doesn’t just insure your vehicle, it can also cover medical expenses from a vehicle wreck as well as protecting you from being sued for additional expenses from being in a wreckThis article can help you choose the right amounts of coverage in the right areas to protect all of your assets.
Did you know that a simple feature on your automobile like anti-lock brakes entitles you to an insurance discount? It’s true; the safer your vehicle is, the less you will ultimately have to pay for auto insuranceSo when you’re shopping around for a car, spending a little extra for safety features is rewarded in the long run via lower premiums.
If you have an alarm system or immobilizer installed on your car, your premium may be reducedPrevention from theft has a main role in calculating your insurance coverageTo further reduce your premium, you can install a trackerThis will provide more theft protection resulting in an even lower premium.
If you have other drivers on your insurance policy, remove them to get a better dealMost insurance companies have a “guest” clause, meaning that you can occasionally allow someone to drive your car and be covered, as long as they have your permissionIf your roommate only drives your car twice a month, there’s no reason they should be on there!
If you want to pay less for your insurance, stop driving your carSounds simple, but it’s effective as long as your insurance company offers discounts for cars with low mileageTaking the bus or walking more often can keep your car in the garage and save you money on your premiumsYou might even lose a pound or two!
Although it may be obvious, driving safely is key to maintaining low rates and premiumsBad driving such as speeding can increase your rates and also lead to non-renewal of your policyA car accident will usually increase your costs up to 40%Of course you should avoid bad driving regardless of your car insurance to avoid tickets and dangerous accidents.
Every year when your automotive insurance is up for renewal, shop around to check that the premium being paid is still market competitiveThere are an abundance of internet facilities available where you can enter the vehicle details online and immediately receive insurance quotes from various companiesThis will confirm or deny that your current premium is realistic.
When you are reading about the different types of car insurance, you will probably come across the idea of collision coverage and lots of words like premiums and deductiblesIn order to understand this more basically, your should be covered for damage up to the official blue book value of your car according to your insuranceDamage beyond this is considered “totaled.”
You will want to make sure to contact your insurance company if you get a divorce and no longer want your ex to be on your policyIf they get into an accident while they are on your insurance policy, it could cause your rates to go up, and you will have to pay for their mistake for the rest of the time you have a policy with that company.
If you are having a difficult time paying for your car insurance when it is due, you should ask the company for an extension on the due dateSome insurance companies are willing to work with their customers during hard financial timesThey may allow you to take an extra month to make the payment.
As already put forth, auto insurance protects so much more than just your carIt can be the difference between being sued or having your insurance company take care of details like that for youBy using the information in this article and choosing the right insurance, you can protect your car, your passengers, and your assets.