Posts Tagged ‘auto insurance tips’

Tips To Avoid Auto Insurance Rate Increases

Tuesday, June 12th, 2012

Are you paying too much for auto insurance? Your rate can go up suddenly and without warning. Sometimes simple errors can cause you to overpay for basic coverage. Here are a few tips to avoid these unscrupulous auto insurance rate hikes and protect yourself, as a consumer.

Did You Get A Ticket?

Tickets are one of the main causes for auto insurance rate hikes because insurers take this as a sign that you’re driving erratically and dangerously, thus making you more of a liability. You won’t get penalized for a parking ticket, but moving violations for running lights, speeding and reckless driving will take your insurance rates way up for a good three years.

Did You Buy A New Car?

When you’re car shopping, you may be focused on finding the best color or the car with the most cargo space. However, you should also consider how the auto insurance company will look at your purchase. Cars with expensive foreign parts will be more expensive to insure because their repair costs will be higher, should you get into an accident. Also, cars that are frequently stolen will cost more. Conversely, safety ratings and features can bring the cost of insurance down.

When Was The Last Time You Shopped For Auto Insurance?

You should take a few minutes each year to shop around for better auto insurance rates. People who take the time to review their policies always end up paying less. With websites like, it’s easier than ever to get a quick, free online auto insurance quote!

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Take a moment & shop for free auto insurance quotes on our site!

Can Your Smartphone Lower Your Auto Insurance Premium?

Friday, June 1st, 2012

We recently reported that auto insurance companies would be relying on driver data to determine how much to charge you for your premium. Yet, in the past, it could be a real hassle — requiring the installation of a special box in your car. Now State Farm and Ford are teaming up to turn your smartphone into an auto insurance premium lowering device. Through the “Sync” platform, State Farm will be able to determine: how often you drive, how fast you drive,  and how often you slam on your brakes. Sync supports 3G and 4G smartphones and bluetooth technology already, so it’s not much of a stretch.

Drive Less & Save

State Farm will periodically pull data from Sync’s smartphone link. Just for joining the program, customers will receive a 5 percent discount on their premiums. Individuals driving the national average of 1,000 miles per month will qualify for an additional 10 percent discount. Customers who rarely drive could see up to a 40 percent discount on their auto insurance rates! The program is launching in Utah, but will expand to other states.

Drive Safe & Save

For now, State Farm will be just tracking mileage. Ultimately, they plan to track much more, such as acceleration / stopping patterns, where people travel, speed and how often drivers go through stop signs. Businessweek speculates that one day drivers will have a taxi-style meter on their dashboards that tracks how much they’ve ratcheted up their insurance premium based on their driving habits. Would motorists think twice before speeding or slamming on their brakes? The results are yet to be seen, but the use of smartphones can revolutionize what Americans pay in auto insurance.

How To Save Money On Auto Insurance Now…

While waiting for the program to roll out, drivers can get lower auto insurance rates by looking up online auto insurance quotes. It only takes a few moments to see exactly how much one can save by switching providers! Drivers who are interested in making the transition, can elect to have a representative contact them by phone.

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Auto Insurance Savings Tips

Friday, May 4th, 2012

Auto insurance can be ridiculously expensive if we let it! As we discussed yesterday, one person might be paying $585 a year, while another pays over $2,000! So what is a driver to do if he or she wants to chip away at these exorbitant prices?

Strategies For Reducing Auto Insurance Premiums

  • You could shop around. Now is as good a time as any to take a look at what another auto insurance provider might offer you. Every company looks at different factors to come up with your total premium. (For your convenience, you can search free quotes right from our site!)
  • You could reduce your coverage.  This could be dangerous, especially if you are reducing liability coverage, but you may be buying more coverage than you really need. For instance, there is no need to have high collision coverage for an old vehicle that is already paid off and isn’t worth repairing if it gets into an accident.
  • You could raise your deductible. This is a good option if you have $1,000 or $2,000 in the bank. Raising the amount you’ll pay in the event of an accident will lower your premium, guaranteed.
  • You could bundle your insurance needs. Most insurance providers will offer you a handsome discount if you get your homeowner’s insurance, life insurance, and car insurance all from the same place.
  • Drive safely! Avoiding accidents and tickets is the best way to keep your rates as low as possible.

Choose Your Car Wisely

The type of car you’re insuring very much factors into your rate as well. When buying a car, consider these factors:

  • Insurance loss records: Insurers want to know how much money they’ll lose if your car is totaled in an accident. Check The Highway Data Loss Institute to see how your car stacks up!
  • Price: More expensive cars with more expensive parts will cost more to insure.
  • Performance: Choose a vehicle with less horsepower and a smaller engine if you want to pay less.
  • Safety Features: You pay less on a vehicle with more safety features installed and a better overall safety rating.

There are other ways to save as well.

Hybrids can save you money in some cases. New cars cost less to insure if they are endowed with better safety features than your old clunker. However, you may also save by insuring a used car because the gap insurance will be less, since you are not experiencing the same rate of depreciation as a new car. Don’t forget to shop around for the best auto insurance rates!

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Illustration by Adam McCauley

General Car Insurance Tips for Drivers

Tuesday, July 5th, 2011

Following these general car insurance tips will help drivers find the right policy at a price they can afford.

1. Consider the type and level of coverage needed.

Before making a decision about buying a policy, a driver must determine exactly what he or she is looking for. Examining the existing policy is a good place to start, since it gives the driver a baseline to work from.

2. Get quotes from several companies before making a decision to buy a policy.

Prices and policy terms will vary, depending on the company. Getting quotes from a number of providers is a great strategy for buyers who want to avoid spending more than they have to for their coverage.

3. Consider increasing the policy deductible to save money.

Policyholders who agree to pay a higher deductible qualify for better rates on their car insurance coverage. This is not the right choice for everyone, since the deductible must be paid by the driver personally before the insurance company will pay out any money toward settling a claim.

4. Investigate discounts available to policyholders.

A number of car insurance companies offer price breaks to customers, and it’s possible for a buyer to qualify for more than one of them. Customers who buy more than one policy or insure several vehicles can get a discount on their coverage costs. Insurance providers also offer better rates to customers who buy online or who own a vehicle with equipped with safety or anti-theft devices.

These general car insurance tips will help drivers avoid overpaying for their coverage.

General Auto Insurance Tips for Hawaii Drivers

Sunday, May 8th, 2011

Following these general auto insurance tips for Hawaii drivers will help a driver in that state find the type and level of protection that he or she needs.

1. Learn about car insurance coverage.

An educated consumer is in a much better position to choose the right coverage. There are many resources available online for people who want to learn about different coverage options; a number of insurance company web sites have posted articles on various topics.

2. Compare insurance providers.

While all companies licensed to sell policies in the state are offering similar products, each one determines what its policy provisions will be and how much to charge policyholders. Savvy consumers know that they should consider different providers before making a buying decision. Visiting company web sites is a great strategy for learning about how long different providers have been in business, whether the company is financially healthy and how well it treats its policyholders who are making claims.

3. Get multiple quotes.

Since rates for the same type and level of protection can and do vary significantly between providers, make a point of getting several quotes for coverage before making a buying decision.

4. Shop for coverage online.

The Internet makes shopping for Hawaii auto insurance easy and convenient. A customer can choose to visit individual company web sites to get pricing information or go to a single site that can provide quotes from several companies at once through an electronic tool.

General Car Insurance Tips for Pennsylvania Drivers

Wednesday, April 27th, 2011

Pennsylvania drivers who want to find the right coverage should keep these general insurance tips in mind:

Consider the Type and Level of Coverage Needed

Before a car insurance buyer can start looking for a policy, he or she needs to take some time to think about how much coverage is needed, and what type of provisions are needed. Since PA is a tort state for car insurance, drivers must carry at least the minimum level of protection mandated by state law. Customers can choose to buy a higher level of coverage if they wish.

Investigate Insurance Providers

There are a number of companies licensed to sell policies in the state, and all of them use different formulas for setting rates. Prospective buyers should take the time to check out different company web sites to find out how long they have been in business and what the company’s financial health is like. Visiting individual company web sites will also help a prospective buyer find out how well a particular company treats its customers.

Get Quotes from Several Companies

Shopping around is an important part of finding the right car insurance in PA. Taking the time to get quotes from several insurance companies will help a buyer to narrow down his or her choices. The goal for drivers in the state is to find the company that can provide the best pricing for the level of protection that they need.



Car Insurance Tips

Friday, June 11th, 2010

While there are many car insurance tips available to help lower the cost of a premium based on the type of car being used, safe driving history and changing the levels of voluntary excess within a policy to an acceptable level, there are still a large number of good driving and car care habits that can keep car owners free from accidents, convictions and increasing insurance costs.

As well as being expensive to replace, worn tires can also be potentially life-threatening. One of the most frequently advised car insurance tips is to check the depth and condition of tires on a regular basis. Low tire pressure can result in poor handling and uneven wear so which can increase braking distances. This makes the risk of having an accident more likely and, if you are ever unfortunate enough to be pulled over by the police, you could receive a £60 fine and 3 penalty points on your license.

Lights should be checked before setting off on every journey. Although most drivers will only pay attention to headlights and taillights, one of the most important car insurance tips is to also check indicators, sidelights and fog lights. All of the lights on a vehicle must be fully functional and any faulty components can, once again, see the driver facing a fixed penalty and further points on their license.

Ensure all fluids, including fuel, are topped up to the level needed before every journey. Fixed penalties can be issued even if you run out of gas and as the points tally on your license increases, so does the cost of your insurance coverage. Other car insurance tips include regular checks on windscreen wipers and avoiding the use of mobile phones while driving.