Updated: 9/9/2011 12:45 PM ET|
7 ways to cut car insurance costs
Don't pay sticker price for your vehicle coverage. Discounts are available for a variety of reasons, and you don't need a stellar driving record for most of them.
Car insurance can be expensive, with annual premiums averaging well over $1,500 in many states. Yet there are ways to lower your car insurance bill, and all you have to do is ask.
Discounts have been around forever and are a big part of many advertising campaigns. But the responsibility is on individual drivers to make sure a policy includes all the eligible discounts. Applications are often handled by inexperienced customer service reps, so it's important for consumers to speak up and ask about specific discounts.
So what are the top car insurance discounts?
1.-2. Multiple-policy and multiple-vehicle discounts
Consumers who have multiple policies with the same insurance company often land discounts of 10% or more on auto insurance. Qualified policies can include a homeowners' insurance policy, a second car insurance policy or even health or life insurance, depending on the provider.
3. Low-mileage discounts
The low-mileage discount is probably the best-kept secret in the car insurance industry, and it's not offered by all providers. But it's worth checking on. If your insurance company does offer this discount, it can exceed 40%, especially if you work from home or take public transportation to work.
4. Good-driver discounts
Car insurance companies want drivers who are low risks, so if your driving record remains clean for three years, most insurers will reward you with a small discount.
5. Discounts for vehicle safety features
When you're shopping for a vehicle, always look at the safety features. Factory-installed features such as anti-lock brakes and airbags almost always lower the cost of your car insurance. A good place to research vehicle safety ratings and features is the Insurance Institute for Highway Safety website.
6. Affinity-group discounts
Many employers and organizations have agreements with insurers to provide member discounts. If you pay dues to any organization or have a human resources department, inquire about possible car insurance discounts.
7. Hybrid-vehicle discounts
If you own a hybrid, not only are you saving on fuel and contributing to a greener planet, you also may be eligible for an insurance discount. For example, insurance giant Travelers offers the Hybrid Travelers Policy, which provides a discount of up to 10%.
With knowledge on your side, it is possible to cut your car insurance premiums by 20% or more simply by taking advantage of available discounts.
This article was reported by Alan Dunn for U.S. News & World Report.
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Enforce USA laws: and each time someone doesn't have insurance, a Driver's License; or inspection: jail them and make them work; take their vehicle if they are driving drunk.
And if they are illegals Bill the nation they come from.
We are only 4% of the worlds overpopulation and we take in 10-20% of the world overpopulation annually.
2/3's of USA's pop increase comes from Mexico alone; and that includes their pregnant et which receive auto-welfare citizenship for planning the sperm donor exponentials just in time to cross the USA BOrder to drop their future breeder. Mexico wants them to have at least THREE in the USA ...AND THEY go quite beyond that number.
What nation would reward negatives: the USA government to neutralize us.
Blame US Citizens for everything...yet every l6 secons according to gleeful Jorge Ramos of UNIVISION an "immigrant" or as he can't seem to comes to terms with AN ILLEGAL crosses into the USA...
What are were disposable S L A V E S for them etc?
US Military have been each generation systematically sacrificed on foreign soil while we are forced to have Open BOrders USA Criminal Illegal Alien Invaders: drug runners, gangs, diseased; breeders NUMBERS USA.
Look at the current admin bowing to the MExican Pres and the Dems giving him a standing ovation inn the people house while he slams Arizona uphold the US & States Constitutions.
If anyones cares soooooooooooooo much then they are and have been a former AMNESTY recipient rewarded AMNESTY or US Citizens for violating US law while US Military is being systematically sacrificed.
The signifance is that this nation sending its own to die for invaders is no longer worthy of its existence.
Nothing is FREE and someone is footing the Bill: and lives are being taken.
Houston has an illegal killing someone weekly while they drive without any ID, nor registration nor insurance: DRUNK KILLERS.. who couldn't care less.
UNIVISION daily is a PROPAGANDA network: "immigrants rights" stealing from US Citizens of Generations and VOIDING our choices...and our ancestry..for what something that would refer to themselves as"The Race=666=La RAZA ills aka illegals, illegitimates over 80%; illiterates costing us double for each spoken, written and printed government document bowing to imported poverty to neutralize us dba the USA.
We don't want to be Mexico, Guatemala, Honduras, Puerto Rico, Salvador, Panama, etc.
Communist China, Africa, etc.
No NWO either.
Bianca I believe you are confused. Personal injury protection or PIP is different than liability which you are referring to with the stated limits of 30,000/60,000 and yes state minimum limits are terrible, but the States are lobbied by groups that represent lower income people to keep these limits low with the argument that is keeps insurance costs affordable for lower income people. The good news is you can purchase more coverage and should have been encouraged to when you purchased your policy, but in most cases people just want the cheapest policy they can get. You get what you pay for!!! Why would you expect the insurance company to pay more than the limits YOU purchased? You are right too many people do not know enough about what they are buying when they purchase an auto insurance policy. There is plenty of great info to help you learn about insurance coverages, Google is your friend. Learn something about what you are buying ESPECIALLY about something as important as insurance. Everyone is nonchalant about their coverage until they need to use it and realize having good coverage is the difference between continuing with a good quality of life or having no income, having continued health issues and a pile of bills. As far as reimbursing your health insurance. I have been an insurance agent for 15 years and have never heard of anyone having to do that. Unless there is an odd provision in your health insurance policy excluding coverage for auto accidents (which no one I know has ever heard of) you don't pay the health insurance company back.
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