Getting several different quotes on insurance for a motor vehicle may save you hundreds of dollars a year. Other ways to reduce your insurance premium are:
Raise your deductibles on collision and comprehensive coverage. If you have an old car, you might want to drop these types of coverage altogether.
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Take advantage of discounts - Some companies offer discounts to motorists who drive fewer miles per year, are students with good grades, have taken a safe-driving course, or are over 50 years old. You might also be able to get discounts if you insure more than one vehicle, move your vehicle insurance and your home insurance to the same company, have had no moving vehicle violations or accidents in three years, install anti-theft devices or have safety features such as air bags.
Researching and buying insurance on the Internet offers consumers a new level of convenience, but you need to protect yourself when purchasing insurance online. Do your analysis, double-check the company and agent, update your browser (newer browsers are equipped with security measures that alert you to insecure sites), get all quotes and policy information in writing, and keep detailed records. Go to your state insurance department for a lot of info on company and agent needs.
Here are just a few other insurance tips to consider:
Be cautious of individuals merchandising insurance door-to-door and over the phonephone.
Be suspicious if, after an accident, a stranger contacts you to offer "quick cash" or recommends a particular attorney or healthcare provider. Report the incident to your police department.
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Don't offer your insurance identification numbers to corporations you do not grasp. Carry a disposable camera in your glove compartment. If you're in associate degree accident, take pictures of the damage and the people involved. Ask for names, telephone numbers and driver's license information for all those involved. Getting contact info for any witnesses is additionally a decent plan.
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