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Step 1
Ask your insurance company representative if you qualify for premium discounts. You may get a cheap quote depending on your profession. For example, writers who work from home usually pay a low premium. They drive less and are not prone to hectic life schedules, since they work from home.
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Step 2
Learn the art of lowering the quotes. If you choose a residence closer to your workplace, you will pay a lower premium. Moreover, if your home is located in a safe neighborhood (low crime rate), you qualify for a cheaper quote.
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Step 3
Consider buying a multi-person policy. You can get coverage for more people under one policy. Put the names of family members under the name of the person who has the best driving record.
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Step 4
Renew policies from the same insurance company. Often companies provide discounts on renewals. The moment you establish a driving record with a company, it knows you are likely to get a cheaper quote from other providers. This qualifies you for a lower quote. Moreover, if you had no claims during your previous terms, you qualify for such discounts.
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Step 5
Take a defensive driver’s course. You will receive a certificate of defensive driving that you will have to submit to your company at the time of application. Taking this course lowers your premium substantially.
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Step 6
Submit your report card if you are a young driver studying at an educational institution. If your report card is excellent, you are likely to receive a cheaper quote.
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Step 7
Take advantage of being a senior citizen. You may qualify for senior discounts and get cheap insurance.
Comments
aaatexas said
on 5/31/2008 A great way to save on your car insurance is to switch to a member-owned company which will allow you to get lower rates. Once a member of AAA Texas you are eligible for their insurance products.
If you contact me for a new membership, I will:
-waive $20 admission fee on AAA membership
-include a FREE spouse/associate member (an additional $26 savings!)
-send you a free gift of your choice (travel bag, coffee mug, survival kit)
-provide a FREE, no obligation, comprehensive insurance review (avg AAA member saves over $350 a year on their car insurance!)
My contact information is below:
Paula Harold
AAA Texas
harold.paula@aaa-texas.com
1-800-222-8586 ext.5078
210-403-5078
I'd love to help save you money & answer any questions about the membership or insurance in general. Just send me an email!
nanomatrix said
on 7/9/2007 I learned that cheaper can even be better sometimes. I had a car insurance company that was take me for the ride, I had an excellent record, was over 25, married, and have a child and they were charging me close to 3000 dollars I switch to Geico and my yearly premium dropped down to 680 dollars for a year. Which also added more coverage and a lower deductible.
I live in NJ, so I wasn't able to switch to Geico until they came to our state... The commercials got me to try them out and I am a huge fan now and can do all my paper work on line.
acey612 said
on 3/24/2007 I like the step by step approach. Great article. My only concern is with cheap companies, do you seem to really get the coverage you need though? I am new to the car insurance thing, and while I was browsing the web I saw some videos on www.claimsreporter.com that alarmed me of some of the cheaper companies. Might not mean anything, but I guess my point is cheaper may not always be better? What do you think?
Nyko said
on 1/10/2007 Anyone know of good companies to start at?