Getting Discounts From Your Auto Insurance Company By Stu Pearson Lets face it an auto insurance company is a business that is created to make a profit and if we are not careful we might end up paying super high premium rates when we could have paid much lower premiums if we only did some research.
Here is a list that I hope will help car owners in lowering their premium rates:
Safety devices against car thieves
Who would ever think that theft devices are valuable not only in guarding your car against thieves, but also in lowering your premium? Theft devices come in various types. Some are automatic while some need to be manually operated. All these theft devices provide extra premium discounts. In some states window sketching may also be a source of additional premium discounts.
Multiple car discount
Let us say that you have two cars (for the sake of the illustration) that you want to insure with an auto insurance company. Usually you have to pay separate premiums but did you know that you could actually save a great deal on the premium that you will be paying for your second car? How? Consult your insurance agent to help you.
Choose Yearly Renewable Auto Insurance Policies
Purchasing a yearly auto insurance policy will provide you with greater savings since the premium rate is fixed for one year compared to buying a six-month policy which changes rates every six months. If you purchase a six-month policy the premium you paid on your first semi-annual premium will not be the same as your second annual premium payment. So instead of saving, you tend to pay more for the same amount of benefits.
Comprehensive storage coverage
The comprehensive storage coverage is ideal if you are thinking of storing your car for a period of time. It is a great savings idea to keep only the comprehensive coverage during the time you store your car since other coverage will not be required. A car in the garage is unlikely to get into a collision thus it will not require liability coverage.
Mileage
The mileage that your car travels everyday has a significant effect on the premium rate that you are to pay since the mileage will determine the particular class in which your car belongs. Each class has a different premium rate.
Organization affiliation
There are many auto insurance companies that offer a discount for being affiliated with certain organizations. These organizations may range from credit unions, college sororities and fraternities, or just having a certain credit card may also earn you a considerable discount on your premium. To be sure, call your service center and ask them for a list of the organization affiliations that they accredit, the same goes with the credit cards.
Defensive driving course
Some auto insurance companies provide considerable discounts simply by attending defensive driving courses. For more details just check with your state insurance
The VIERA from Panasonic - Sponsored Link Ad - Panasonic.com/VIERA Oct 11 2008 7:52PM GMT AIG Insurance Leaders Defend Business, Dismiss Concerns Over Client MigrationLoading... Insurance News Net Oct 11 2008 7:52PM GMT New AIG loan from U.S. Federal Reserve Renews Concerns Over Insurer's HealthLoading... Insurance News Net Oct 11 2008 7:52PM GMT American International Group (AIG) NewsBite - AIG Covered In Lee Allen Report Today Market Intelligence Center Oct 11 2008 7:39PM GMT Health insurance & YOU Rediff.com Oct 11 2008 7:38PM GMT DJ AIG Vice Chairman: Time For New Thinking On Fincl Regulation TradingMarkets Oct 11 2008 7:22PM GMT Falling Re may hike prices Economictimes Oct 11 2008 7:10PM GMT Aegon stocks fall: Dutch insurance company Aegon suffers the greatest losses of the Netherlands stock market fall on Monday.... Expatica Netherlands Oct 11 2008 6:20PM GMT Japan's Yamato Life Insurance files for protection: report Yahoo! Singapore Oct 11 2008 5:05PM GMT Insurance Company Search New York Departement of Insurance Oct 11 2008 4:51PM GMT Selected New York State Private Passenger Automobile Insurance Rating Territories New York Departement of Insurance Oct 11 2008 4:51PM GMT 2008 Ranking of Automobile Insurance Complaints New York Departement of Insurance Oct 11 2008 4:51PM GMT Captive Insurance Application Forms New York Departement of Insurance Oct 11 2008 4:51PM GMT Insurance Frauds Bureau, A 25-Year Retrospective 1981 - 2006 New York Departement of Insurance Oct 11 2008 4:51PM GMT Insurance Frauds Bureau, A 20-Year Retrospective 1981 - 2001 New York Departement of Insurance Oct 11 2008 4:51PM GMT Temporary Panel On Homeowners' Insurance Coverage (2000) New York Departement of Insurance Oct 11 2008 4:50PM GMT Temporary Panel on Homeowners' Insurance Coverage (1999) New York Departement of Insurance Oct 11 2008 4:50PM GMT Temporary Panel on Homeowners' Insurance Coverage (2001) New York Departement of Insurance Oct 11 2008 4:50PM GMT Temporary Panel on Homeowners' Insurance Coverage (1998) New York Departement of Insurance Oct 11 2008 4:50PM GMT Evaluation of the Property/Casualty Insurance Security Fund, The Public Motor Vehicle Liability Security Fund and the Workers' Compensation Security Fund New York Departement of Insurance Oct 11 2008 4:49PM GMT Slumping bond insurers restricted: Syncora and CIFG ? which took major losses on investments in subprime mortgages ? can't do any new business in the... TMC Net Oct 11 2008 4:36PM GMT Belgium offers Fortis shareholders profit coupon Exec Digital US Oct 11 2008 4:19PM GMT HSBC Insurance Brokers receives Qatar Financial Center license Insurance Business Review Oct 11 2008 3:27PM GMT ACE Bermuda increases capacity for excess liability product Insurance Business Review Oct 11 2008 3:27PM GMT Arthur J Gallagher acquires Fuller & O'Brien Insurance Business Review Oct 11 2008 3:27PM GMT FSA fines two firms for traded policy advice failings Insurance Business Review Oct 11 2008 3:27PM GMT Zurich's UK Life business announces management changes Insurance Business Review Oct 11 2008 3:27PM GMT Fed authorizes New York Bank to borrow securities from AIG's subsidiaries Insurance Business Review Oct 11 2008 3:27PM GMT Financial crisis likely to flatten insurers' IT budgets in 2009 Canadian Underwriter Oct 11 2008 2:57PM GMT Quebec Appeal Court says manufacturer's extended warranty is not an insurance contract Canadian Underwriter Oct 11 2008 2:57PM GMT San Francisco Sues Bond Insurers Over Credit Ratings: A.M. Best Oct 11 2008 2:29PM GMT
commissioner or you insurance company to see if you qualify and also to inquire on their accredited driving centers. Article Source: http://www.articlemap.com Stu Pearson has an interest in Finance & Technology. To access more articles on auto insurance or for additional information and resources visit this auto insurance companies related website.
|