Some people may think that you have to pay five thousand a year for insuring your automobile, but that doesn't have to be true for you. Ordinarily low cost companies will charge what they can get away with, so don't let yourself be fleeced. Here's a few tips to help you get the best deals possible on your car insurance. As with all things in life, car insurance is about competition in the market, so for starters you should look at all your options out there. Really do your research and hunt down every possible company that looks like it's offering fair prices.
For instance, there's a number of very well-priced car insurance companies that only sell their insurance on the internet. There's others yet that prefer to work exclusively through third party agencies. And of course there are some that insistently market and sell only their own company-specific wares. Shop around and make records of the different options and their accompanying price rates. If you set everything down in columns for easy comparing, you can have a less difficult time figuring out if you're getting a fair deal or not.
Don't be afraid to phone up your local state's department of insurance, as they keep detailed info about all the popular cheap insurance companies. By making use of every last tool, database, and information-gathering resource at your disposal you can empower yourself to find the best deals and take advantage of them. Yet another way to get good car insurance pricing is knowing your own car inside and out, like a rather expensive best friend. Things like repair cost, the value of your car, and the risk level of your car can make a significant difference in how much you pay for your insurance.
For instance, did you know that auto insurance companies keep an up to date list of the cars that are most commonly jacked by thieves? And guess what, if your car is on that little list you'll be paying plenty more.
If you're in the market for a car, try to find one that can be repaired cheaply, has a safety rating that is exceptional, and isn't particularly wanted by criminals. With all those things working for your car, you'll find it easier to get cheap insurance on it. More specifically, being highly aware of the monetary value of your vehicle is also a good idea. You can either look your car up in the Kelly Blue Book, or call your loan provider up and see what he says. Then there's raising your deductibles to cheapen your insurance. Increasing your deductibles will let you decrease your premiums in turn, by up to thirty percent. You'll want to consult an agent or, if you're feeling confident in your research skills, search online to see how much you could save on insurance by changing your deductible around. Acquiring all your various kinds of insurance from a single company is also a terrific idea if you can manage it. If you bundle home, flood, and other types of insurance along with car insurance, you're pretty likely to get a better deal from your insurance company in appreciation for all the business. Yes, don't underestimate company loyalty! Some insurance companies value it more than others, and will even grant discounts on insurance to long-running customers that have been getting insurance from the companies for many years.
About the Author
Graham McKenzie is the webmaster for a leading South African Car Insurance provider. For more information visit: http://car.insurance123.co.za/