This article will show you other ways you can get cheaper rates. Also take note of the precaution you're advised to take as you apply these tips...
You'll pay a lot more if you live in New York City than you would if you lived in some sparsely populated town. If you can live in a rural area you'll get the best rates possible for your profile because the risk of vandalism, crash or theft is so low in such areas.
Add-ons like towing raise your premium without giving you as much value as using a towing service. By the way, your credit card might already offer this as a benefit so check.
Even if yours does NOT add this kind of service, a dedicated towing service from a third party will serve you better and save you more than adding towing to your auto insurance policy.
Drive as little as possible it will lower your mileage and get you a low mileage discount. This is particularly true for those of us who live in cities with standard mass transit systems.
Carpooling is also another smart way of reducing your mileage.
Young drivers are statistically very bad risks. More so, the younger an under-25 driver, the more they'd have to pay. That is why teenagers pay a lot more than 22-year olds.
Therefore, as much as possible, do not place such a driver on your own policy. It will have an adverse effect on your rate. Sign an exclusion form that will allow your teen driver have his or her own policy.
It's a fair price for them to pay to enjoy the adult privilege of driving. Teens who pay for their own auto insurance are more willing to take steps to bring it down. This by extension means that such a teen driver will be more responsible behind wheels since they bear the full cost of their actions.
Certain lines of duty attract lower rates. Scientists are the cheapest to insure while business owners are among the most expensive to insure. Statistics, for instance, shows that scientists (due to their discipline and lifestyle) are better risks than all other professions.
If you want to find out where your occupation belongs and what to do, see your agent. Take note of the fact that, like most things in insurance, the discount you'll be given will be based on your insurer's relevancy score of line of duty as a factor in calculating a prospect's risk.
For drivers who are less than 25 years, auto insurance rates can be trulyastronomical. If you belong to this age bracker you can attract more affordable rates if you maintain good grades at school. It's known as the good student discount.
The good student discount is for students who get A's or a minimum of B's. For students who qualify, you can expect discounts of about 5 percent. Experience has proven to insurers that what makes a student maintain excellent grades is a level of responsibility which such students also maintain while driving. Young drivers who maintain good grades are usually seen as more responsible and less likely to take to reckless driving.
You can reduce your auto insurance premium by asking for and comparing quotes from at least five reputable insurance quotes sites.
You'll pay a lot more if you live in New York City than you would if you lived in some sparsely populated town. If you can live in a rural area you'll get the best rates possible for your profile because the risk of vandalism, crash or theft is so low in such areas.
Add-ons like towing raise your premium without giving you as much value as using a towing service. By the way, your credit card might already offer this as a benefit so check.
Even if yours does NOT add this kind of service, a dedicated towing service from a third party will serve you better and save you more than adding towing to your auto insurance policy.
Drive as little as possible it will lower your mileage and get you a low mileage discount. This is particularly true for those of us who live in cities with standard mass transit systems.
Carpooling is also another smart way of reducing your mileage.
Young drivers are statistically very bad risks. More so, the younger an under-25 driver, the more they'd have to pay. That is why teenagers pay a lot more than 22-year olds.
Therefore, as much as possible, do not place such a driver on your own policy. It will have an adverse effect on your rate. Sign an exclusion form that will allow your teen driver have his or her own policy.
It's a fair price for them to pay to enjoy the adult privilege of driving. Teens who pay for their own auto insurance are more willing to take steps to bring it down. This by extension means that such a teen driver will be more responsible behind wheels since they bear the full cost of their actions.
Certain lines of duty attract lower rates. Scientists are the cheapest to insure while business owners are among the most expensive to insure. Statistics, for instance, shows that scientists (due to their discipline and lifestyle) are better risks than all other professions.
If you want to find out where your occupation belongs and what to do, see your agent. Take note of the fact that, like most things in insurance, the discount you'll be given will be based on your insurer's relevancy score of line of duty as a factor in calculating a prospect's risk.
For drivers who are less than 25 years, auto insurance rates can be trulyastronomical. If you belong to this age bracker you can attract more affordable rates if you maintain good grades at school. It's known as the good student discount.
The good student discount is for students who get A's or a minimum of B's. For students who qualify, you can expect discounts of about 5 percent. Experience has proven to insurers that what makes a student maintain excellent grades is a level of responsibility which such students also maintain while driving. Young drivers who maintain good grades are usually seen as more responsible and less likely to take to reckless driving.
You can reduce your auto insurance premium by asking for and comparing quotes from at least five reputable insurance quotes sites.
About the Author:
Start saving a lot at Safe Auto Insurance and Really Cheap Auto Insurance. Chimezirim Odimba writes on insurance.
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