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7 Easy Ways To Slash Your Auto Insurance Costs
By Neil Stelling
The law requires you buy auto insurance. So if you must get cover, how can you reduce costs ? Here's 7 easy ways to get the best possible auto insurance deal.

* Multiple Quotes

Get multiple quotes - use the internet and call a few brokers. It's easy to gather some good comparison quotes.

Remember to get different types of quotes e.g one from a direct-sell insurance company; another from an offline broker who keeps a database of quotes; and a couple from the internet.

Cheapest might not mean best. Will they pay out if you make a claim ? How financially secure ? How reputable ? Check around with family and friends, and look for online reviews.

* Different type of car

Insurance costs vary depending on car type. Obviously, that $100k sports model costs more to insure than your average runabout. If you're planning to buy a new car, check insurance costs before you buy. I once set my heart on a beautiful, high performance, highly tuned Pontiac.

Luckily I checked the auto insurance before I bought it, because I couldn't get insurance. Every broker, every insurance company flat turned me down because I lived in a high car-crime area. So I had to forget the car of my dreams until I moved up-town.

* Age and Value of Car

Maybe you're buying a used car ? Maybe your car saw better days a few years ago, and now values much lower ? So why pay for high-priced auto insurance ? In particular, do you still need fully comprehensive coverage ?

A good rule of thumb multiplies insurance premium by 10, and compares that figure with your car value. So if you're quoted $1000 premium and your car is worth less than $10,000 you may want to think if comprehensive represents good value. If you drop collision and/or comprehensive coverage, you should get big savings.

* Higher deductibles (excess charges)

Most auto insurance companies use deductibles to keep policy cost down. Deductibles, or excess charges, show what you pay before your auto insurance policy kicks in. Try requesting quotes with different levels of deductibles, and see how your quotes vary.

Most internet quote forms contain a box where you can specify preferred level of deductibles. Ask your broker his recommended level. For example, going from $250 to $500 deductible can slash your insurance costs by 20% or more. Go to $1000 and you save a lot of money. But you must pay the deductible if you need to make a claim !

* Multiple Insurances

I guess this might come under the 'Get Multiple Quotes' heading, but it's still worth mentioning separately. You usually get an insurance break if you buy multiple policies with the same insurer.

This might mean multiple vehicles, or homeowner and auto insurance. Either way it's worth asking about multi-policy discounts.

* Low Mileage

More and more people work at home. No more commuting. Fewer business trips. Low mileage on your car. Maybe you do travel to work, but car pool ?

Either way, look for low mileage discounts.

* Good Driving Record

A good driving record always reduces your auto insurance costs. Keep a clean drivers license. Don't speed, don't drive dangerously, and you'll save money (apart from other benefits !)

* Bonus Tip

Okay, I said '7 Ways...', but here's some extra tips. Fit anti-theft devices to your car. Go on an advanced driver training course. Use daytime running lights. If you're a

MediGap Advisors Announces Open Enrollment for Medicare Supplement Plans
Open enrollment is now happening for Medicare Advantage Plans. These plans cover expenses not covered by Medicare, and may also include Part D Prescription Drug Coverage. Many consumers are now shopping online for instant quotes and applications. (PRWeb Nov 22, 2008)

Read the full story at http://www.prweb.com/releases/medigapadvisors/medicaresupplementplans/prweb1644684.htm

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PPI an Antidote to Mortgage Arrears Says Burgesses
Figures released by the Council of Mortgage Lenders, detailing an alarming growth in the number of homeowners falling into mortgage arrears, has prompted Payment Protection Insurance lobbyist Sara-Ann Burgess to urge homeowners to purchase cover that pays a monthly income should they lose their jobs. (PRWeb Nov 22, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1651884.htm

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Tiscali Renews Deal with Insurancewide.com to Offer Leading Edge Comparison Service
Insurancewide.com, the UK's original and still the best online insurance comparison service, has signed a fourth annual agreement with Tiscali, the broadband, telecoms and media company, to continue acting as Tiscali's preferred insurance comparison partner on www.tiscali.co.uk. (PRWeb Nov 22, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1646344.htm

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NeoFuse 2.0 Business Building Network Launches Exclusive Referral Lead Generator Program -- Free Trial Membership and 24/7 Business Building Referrals
Combines the best of Linkedin®, facebook, MySpace, craigslist, and BNI® Networks -- With millions of visits per month on average in the original Neofuse beta edition, the newly revised NeoFuse 2.0 is now a community of small to midsize business owners and entrepreneurs who are re-inventing how business is done. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1650584.htm

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Maxon Furniture Introduces an Easy-to-use Online Space Planning Tool for Office Cubicles
The Maxon Floorplanner is a simple drawing tool that lets you see what office cubicles and desks will fit in an office space. Used in conjunction with Maxon Furniture's online Estimator, it makes budgeting for an office furniture purchase easier than ever. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/maxon-office-cubicles/floorplanner/prweb1643444.htm

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Big is Not Best as Financial Services Groups Responsible for Majority of PPI Complaints
The Financial Ombudsman Service reports it is handling 100 Payment Protection Insurance complaints a day. "This," points out PPI lobbyist Sara-Ann Burgess, "further fuels concerns that consumers are either unwittingly purchasing cover they don't need or are confused by jargon and taking out policies they will never be able to claim on." (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1646184.htm

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Pearl Insurance Wins Gold and Silver at PIMA's MarkeTTech Marketing Methods competition
Pearl Insurance of Peoria Heights, IL--insurance brokers, marketers, administrators, and part of the Pearl Companies--again took home Gold this year at the Professional Insurance Marketing Association (PIMA) MarkeTTech Marketing Methods competition, which recognizes excellence in marketing. In addition to the Gold Award for the category of Multiple-Effort Marketing Campaign, Pearl also earned a Silver Award for the E-Commerce Websites category. This is the second year in a row Pearl has won a Gold Award at PIMA's MarkeTTech, while competing against some of the biggest names in the insurance marketing industry. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/pearlinsurance/pimaawards/prweb1647134.htm

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Car Insurance News: When it's in Store Make Sure it's Covered - With More Than a Blanket
Vehicles in storage aren't covered by household insurance warns Flux. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1651554.htm

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SNL Financial's Statutory Insurance Data Shows Underwriting Losses Doubling in the Third Quarter of 2008
Destructive natural catastrophes and tightening market conditions create a perfect storm for Property & Casualty companies. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/SNL_Financial/underwriting_losses/prweb1652594.htm

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Attention Employers: IRS says Update Your Cafeteria Plan Documents by 01-01-2009
On August 6, 2007 the IRS issued REG-142695-05 making sweeping changes to IRS Code Section 125 - Cafeteria Plans. These changes affect the way employers administer Premium Only Plans, Health Flexible Spending Accounts and Dependent Care Assistance Flexible Spending Accounts. Core Documents, at www.CoreDocuments.com, can restate and update existing Plan Documents starting as low as $99 plus $15 S&H for a Premium Only Plan. (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1641204.htm

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New Leadership to Strengthen Auditing Strategy for FiscalReps
Susie Crew, Internal Auditor from top-rank international financial institutions, joins FiscalReps as part of commitment to holistic auditing approach (PRWeb Nov 21, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1641764.htm

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Michigan Accident Lawyers Named ''The Best Lawyers in Metro Detroit''
Personal injury lawyers Lawrence Gursten and Steven Gursten of Michigan Auto Law have been named ''The Best Lawyers in Metro Detroit'' for 2009 by DBusiness Magazine. The accolade highlights the father-son duo's legal expertise amid a changing landscape of complicated No-fault and car accident law. (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/bestdetroit/accidentlawyers/prweb1636894.htm

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Ice Bandits Cometh...and They Work in Gangs
Watch out for opportunistic thieves this wintry weekend (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1641054.htm

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Government Will Turn Its Attention to Transactional Taxes to Cope With the Credit Crunch, Warn Experts
Governments could soon turn to Insurance Premium Tax (IPT) to raise extra revenue vanishing from their coffers in the credit crunch, warns independent global tax consultancy FiscalReps. (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/insurance/compliance/prweb1641944.htm

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LifeInsure.com Offers Life Insurance Quotes Anonymously
LifeInsure.com lets you search the database of life insurance rates and comparison shop on your own, anonymously, before you contact them. (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/life/insurance/prweb1642104.htm

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Exstream Software by HP Announces 2008 Visionary Award Winners : Customers Showcase Innovative Applications Created using the HP Exstream Enterprise Document Automation Solution
Exstream Software by HP today announced the winners of its 2008 Visionary Awards, presented at the seventh annual North American Exstream User Conference in Cincinnati, Ohio. (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/hp_exstream/exstream_software/prweb1647144.htm

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HSA Resources Releases Employer Guide to HSAs
HSA Resources, a leading provider of Health Savings Accounts, announces the release of its HSA Employer Guide: An Introduction to Health Savings Accounts for Employers. The twenty-four page guide provides employers with in-depth yet easy to read explanations of the top HSA questions employers face. (PRWeb Nov 20, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1634264.htm

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Prudence and Perseverance are Greenhill's Tips for Potential Homeowner Borrowers
With lending by UK banks still appearing hesitant Greenhill Finance is advising homeowners to match prudence with perseverance to get the best deals on offer. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1628734.htm

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Ignorance Can No Longer Be an Excuse Says Protection Specialist
Now the surprise element of the credit crisis has gone, consumers cannot let themselves become immune to the everyday threat that it poses to their own financial well-being. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1633954.htm

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Unemployment PPI Cover is Available Says Burgesses
Speculation that people working in certain sectors will be unable to buy Payment Protection Insurance to meet their financial commitments should redundancy occur is nothing but scaremongering, suggests PPI lobbyist Sara-Ann Burgess from Burgesses. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1634594.htm

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USA-ONE Interactive Announces Document Management Solutions That Meet the Needs of Individual Industries
One of the foremost providers of document management solutions for small and medium-sized businesses, USA-ONE, announces exciting new innovations in its Docuvation software. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/USA-ONE/Document_Management/prweb1636314.htm

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Safety Leaders Define Key Metrics for the Future
Leading Thinkers Collaborate at the 2008 DBO2 User Summit (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1638174.htm

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Travel Insured International's Worldwide Trip Protector Lite Is the Right Travel Insurance Plan for Tighter Travel Budgets
Travel Insured International, a leader in the travel insurance industry, finds budget-minded travelers turning to Worldwide Trip Protector Lite & Lite Expanded. This affordable dual-level insurance plan offers basic coverage with a menu of upgrades and options to fit individual trip plans and needs. (PRWeb Nov 19, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1628914.htm

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WorldAPP Software Certified for the Disabled
Why should you care if your surveys are accessible? (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1629494.htm

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Two Thousand Companies Now Offering VPI Pet Insurance as a Voluntary Employee Benefit
Veterinary Pet Insurance Reaches Milestone In Less Than A Decade (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/Pet/Insurance/prweb1635514.htm

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MongoNet Releases New Web-Based Version of its "Open PDF Scanning" Solution
MongoNet, which is privately financed by the two founders of Adobe Systems Inc. and other Silicon Valley investors, has released a new Web-based, pay-per-use version of its popular "branded PDF scanning" service: MongoFAX; The new solution, called MongoSCAN, enables traditional fax machines to function as open PDF scanners -- with no additional hardware or software required (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/PDF_Document_Scanning/Internet_Faxing/prweb1619024.htm

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PPI Can Help in Face of Rising Insolvencies
Recently released insolvency figures for the third quarter of 2008 make grizzly reading and have put a real emphasis on the need for well designed, good value and independently advised payment protection insurance (PPI). (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1626994.htm

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Combined Insurance Encourages Consumers to Assess Insurance Plans and Protection During Lung Cancer Awareness Month
Leading Provider of Supplemental Insurance Offers Cancer Policies to Help Offset Some of the Costs Associated With Treatment (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/CombinedInsurance/lungcancer/prweb1630684.htm

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New Sales Team and Structure Announced at HealthSmart
The HealthSmart Company is pleased to announce a new sales and account management organization, as part of their strategy to maximize organic growth. Alex Arnet, Chief Sales Officer says, “Our belief is that a team approach of combining new sales with account management will help us exceed our sales and retention goals.” In addition, HealthSmart has recently invested in hiring top sales talent around the country to support the new company brand and products. (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1631844.htm

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Would Lindsay Lohan 'Qualify' for an Individual Florida Health Insurance Policy?
If you think being rich and famous can get you absolutely anything in life, you may be shocked to learn that the health insurance industry plays by a different set of rules. (PRWeb Nov 18, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1620274.htm

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Hat Trick Award Win for British Insurance
Independent payment protection insurer British Insurance has scooped its third set of industry 'gongs' in two weeks -- picking up the Excellence in Treating Customers Fairly and Outstanding Consumer Champion accolades at the Personal Finance Awards. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/british/insurance/prweb1611894.htm

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Insurers Must Not Follow Lenders and Penalise Customers, Says Burgesses
Insurers must not follow lenders by penalising customers when hard times hit, says independent protection specialist Burgesses. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/protection/insurance/prweb1611944.htm

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US Fidelis Family Walks, Bakes and Plays to Help One of Its Own
Owners of US Fidelis, Cory and Darain Atkinson, treat employees like family and show their support for Autism research and awareness. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1613274.htm

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Plymouth Businessman Wins Skiing Accident Case
Plymouth businessman, and father of two, Graham Anderson who was tragically paralysed in a skiing accident in 2004 has today won a liability Trial in the High Court (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1617834.htm

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Georgetown Report Finds Progress On Children's Health Care Coverage Threatened By Economy
Increasing unemployment, declining state revenues, and a growing affordability gap are causing an increase in the number of people losing health coverage. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/medicaid/schip/prweb1631184.htm

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Introducing The "No Phone Call Disability Insurance Quote"
Those in need of affordable disability insurance but don't have the time or patience for phone calls now have an option. Disability Insurance Update introduces competitive disability coverage with the convenience of email-only communication with a licensed adviser. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1614964.htm

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TitleVest Launches 1099-S Preparation and Filing Service
TitleVest today announced the launch of another free service: the preparation and filing of IRS Form 1099-S. This value-added service is available on all title insurance and coop lien search orders placed through TitleVest. (PRWeb Nov 17, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1618514.htm

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Cunningham Group Offers Complimentary Patient Satisfaction System©
Cunningham Group's Complimentary Patient Satisfaction Survey System© (PSSS) reduces medical malpractice risk, offers data to negotiate better reimbursements and better professional liability insurance terms as well as helps to attract and retain patients. (PRWeb Nov 16, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1619944.htm

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Beware of "Free" Travel Insurance, Warns UK Insurer
With increasing numbers of UK travellers unwilling to pay for their travel insurance, increasing numbers of them are relying on the free insurance offered by credit cards and banks. But travelling with substandard cover could be an expensive recipe for disaster warns Insuremore (http://insuremore.co.uk) , the award winning low cost travel insurance provider. (PRWeb Nov 15, 2008)

Read the full story at http://www.prweb.com/releases/2008/11/prweb1612114.htm

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Competition Commission Carpers Deserve Their Punishment Says Burgesses
The whining from financial services bodies in response to the Competition Commission's recommendations to tackle Payment Protection Insurance mis-selling reminds me of spoilt children who cannot get their own way, says PPI lobbyist Sara-Ann Burgess from Burgesses. (PRWeb Nov 14, 2008)

Read the full story at http://www.prweb.com/releases/british/insurance/prweb1612804.htm

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college student away from home, consider adding to parents policy.

This short article covers the things you must consider when shopping for auto insurance. Follow these tips and you'll slash your auto insurance costs.

© DigiLectual Inc. 2004
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Discover valuable information and tips to help slash your auto insurance costs.
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