If you drive a car, you must have up-to-date insurance. That said, you have a host of options when it comes to choosing insurance for your particular situation. If you do your research, you will find that the costs of premiums greatly vary from company to company.
See if your auto policy will cover aftermarket additions before buying any. There are lots of cases where the insurance won’t cover these additions.
Do not allow your insurance to lapse or your rates will increase. Switching carriers or even policies might result in a gap in coverage. An insurance company will raise your rate if they notice these gaps.
You might want to consider carpooling with someone or possibly taking the bus. Driving less is one great way to show responsibility as a consumer and impress your insurance company. If you let your agent know that you have changed your driving habits, you may be eligible for a discount.
When signing up for your auto insurance, remember that only you are covered unless you specifically add others to your policy. Often people will allow a buddy to use their vehicle, but if the buddy is involved in a car accident, the insurance company can deny payment of any claims. If you do lend out your car, it is probably a good idea to purchase coverage for extra drivers, though this will cost you more money.
If you are going to move, keep in mind that your car insurance rates my change. The accident and theft rate of an area generally determine the insurance rates. Usually suburbs and rural areas will have lower rates the big cities.
If you are ever in a car accident and need to file a claim, you should make it a point to thoroughly document everything related to the incident. Use your cell phone to take pictures of the damage and where the accident took place. It can also be advantageous to keep a camera in your vehicle to be prepared for worse case scenario.
There you should be able to find the ‘consumer complaint ratio’ for many, if not all, of the licensed insurance providers in the state you live in. What this number indicates to you is the percentage of provider claims that result in a complaint.
There are ways to lower your car insurance rate, if the high amount is due to a less-than-perfect driving record. If you complete a driving course after getting into an accident, you can usually get a reduction on your rate. There are a few companies, including Progressive, that can fit your car with a chip. If the company likes how you drive, they will lower your premiums.
If you want to save on car insurance, one of the easiest things that you can do is to enroll in a course designed for defensive driving. The majority of auto insurance companies offer discounts on premiums for successfully passing a defensive driving course. The class itself is also beneficial because it teaches you to drive safer. You can often find these courses available at your local driving schools. If you are short on time or there are no classes close to your are, you can try an online version of these courses.
Everyone pays different rates for their policies. It is not only because of different cars or conditions. Some people will get better insurance for less money. You can get better coverage if you understand and educate yourself on the different auto insurance tricks.