Five Interesting Tips How to Get Cheap Insurance


Each year, we add thousands of vehicles onto our busy streets. Sleek, classy and expensive car models, give us that comfortable and tastefully furnished vehicles. As we travel along our way, we have witnessed numerous car accidents from simple dents to gruesome fatalities. This will keep all of us thinking, “How safe are we?”

The risk of accidents is always there. No one knows when an accident will happen, or if it ever happens at all. However, we do know that we can do something about it and protect ourselves from financial obligations and legal suits. This is where auto insurances come to play.

The recent economic downturn left millions of Americans unable to buy insurance coverage for their vehicles. Since it’s mandatory for car owners, they are all looking for ways to buy cheap coverage.

It’s a fact that auto insurance providers use many factors to determine the premium rates for an individual. Knowing them, and making necessary changes will reduce these rates. Some these factors include age, marital status, financial health, employment background and driving history.

Some variables are unchangeable such as age, marital status or gender. Other factors like your credit score rating, driving history and work are changeable but cannot be done overnight. As they say, there’s no such thing as a free lunch, and if you want to get what you want is to work for it overtime.

Despite the fact that the mentioned factors take time before any measurable benefits are felt, there are still other ways to get that cheap auto insurance you need.

Surf the Internet – Nearly all insurance companies these days setup their own website. As long as you how to use your mouse, you are good to go. There’s no need to take the car keys and visit their offices or talk to one of their insurance agents just to get their insurance quotes. In minutes, you can acquire multiple insurance quotes without having to fill out a form repeatedly. The more quotes you collect, the better your assessment becomes.

Be Vigilant – You may have heard that some insurance companies lower their insurance rates on certain months due to the competition or simply because of dwindling clients. Knowing it will give you an edge, which allows you to save a good heap of money.

Increase Your Deductibles – If you think that increasing your deductible wouldn’t pose any future problems, then do it and see the benefits yourself. Raising your deductible from $250 to $1,000 can save you as much as 40%.

Look for Discounts or Promos – Many car owners don’t mind asking discounts or promos from their insurers. If you really want to save money, talk to your insurer if you qualify for discounts. Many providers would rather keep this as a secret, unless you deliberately ask for it. There’s nothing to be ashamed of, so get on with it.

Drop the Unneeded Coverage – There’s no point of having comprehensive coverage if your car is ten years or older. Replacing it with another coverage policy will save you thousands of dollars each year.