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Saving Money On Your Car Insurance Quote

from: Jay Anderson





I have to hand it to the type of people who will go out of their way to find a bargain, even though it may seem like an extreme sometimes. They will drive all the way across town to save a penny a gallon on gas and tell me it is worth it. But those same people fall way short when it comes to really finding bargains, especially with bigger ticket items such as their car insurance quote. In fact, in most cases they cannot even tell me what their deductibles are for their coverages.

There is nothing wrong with being a bargain hunter, and perhaps more people should be like that. But if you are going to shop for the best prices on things, why not also include auto insurance in that same search? Yes, it's a bit more difficult to understand how to compare insurance quotes but the money you can potentially save more than makes up for it.

If you are like most consumers, you probably just renew your car insurance every year because you don't want to take the time or make the time to do comparison shopping. While that is fine and certainly makes your existing car insurance company happy, you are not doing yourself any favors and are probably spending more money than you need to for the coverage you need.

There is no guarantee that your current insurance company is charging too much, and they may indeed be the best plan out there for you. But if you never do any comparison shopping, you are not going to know that for sure.

You do not need collision insurance, which is quite pricey in most states, if your car is paid off. If your car is not paid off, the finance company will require you to carry collision insurance to protect their interests in the vehicle. But the price of collision insurance varies greatly depending on your deductible. With a $100 deductible, the cost of this coverage will probably be about three times greater than what it would be with a $500 or $1000 deductible. Determine how you drive, where you drive, and then determine what type of deductible you should have for collision insurance.

Also check your coverage limits. Not all insurance plans are created equally. For example, with personal liability, one quote may have a ceiling of $50,000 (which is peanuts in today's world), while another policy may have a ceiling of $500,000 which is much closer to reality. Make sure that when you compare policies, you are really comparing equal coverage with equal ceilings.

It may come as a surprise to you, but you should know that an online car insurance quote can frequently beat the pants off the quote you get from your local agent. This is of course not a guarantee, but like anything else, you won't know that unless you get a quote and compare it, and there is no cost to get a quote.

If you can save money for the same coverage, why pay more for it? It is clearly worth your time and effort to do your comparison shopping for a car insurance quote to make sure you're not paying more than you need to for the coverage you want.




About the author:

For more insights and additional information about saving money
on your Car
Insurance Quote
as well as getting a free online car
insurance quote, please visit our web site at
http://www.tips-for-car-insurance.com









 


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Airport Insurance News

Ho-Ho-Ho, you're on stage, at Houston's airport karaoke machine (The Canadian Press via Yahoo! Canada News)

HOUSTON - Tis the season for red-capped Santas and red-nosed reindeer. Sleigh bells ringing and snowflakes glistening. Stockings carefully hung and yuletide carols being sung . . . in an airport terminal. With a karaoke machine.

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St. Robert board to talk insurance (Waynesville Daily Guide)

Health insurance will top the agenda at the St. Robert Board of Aldermen meeting Monday evening. The board has previously held off on making a health insurance provider decision, waiting for other options to fully be explored.

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The Stars of Insurance Marketing Reveal Their Secrets in January 2009 Bests Review (Business Wire via Yahoo! Finance)

OLDWICK, N.J.----The competitive nature of the insurance business has marketing professionals scrambling for new ways to differentiate their companies from their peers. The secrets to being successful at slicing through advertising clutter are revealed in Best’s Review’s January cover story “Standing Out in the Crowd.”

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Germany in grip of Arctic weather (EARTHtimes.org)

Berlin - Germany experienced its coldest night in 22 years on Tuesday as temperatures plummeted to more than 20 degrees below zero, affecting airport operations and commuter rail services. Officials at Frankfurt airport reported flight delays of up t...

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Mumbai airport to double terror cover (rediff.com)

The move comes a month after three-day terrorist attacks in Mumbai on November 26 left at least 183 people dead and thousands wounded. A source close to the development told Business Standard that following 26/11, as the terror attacks came to be called, reinsurance rates have hardened in the global markets.

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