Just Cars Club

Are you looking out for a low cost auto insurance rate without dipping into your coverage? After all low cost auto insurance is fine when it comes to paying, but if you choose a wrong insurance company then the same would turn out to be terrifying. Hence, you need to select the right insurance company that offers the best low auto insurance cost.

Now let us look at 8 ways to lower your insurance cost

1. Deductible Amount

Firstly, analyze the deductible amount as this is the amount to which the insurance policy is directly related. This means the higher the deductible amount, the cheaper the insurance policy. If you are ready to pay a higher amount towards the claim and are confident about your driving skills, then go ahead and increase your deductible amount.

2. Sport Cars and Exotic Cars

Exotic cars and sports cars require higher insurance policy, so shop for a low cost auto insurance policy suitable for your car model.

3. Driving Records

Keep your driving records clean as a clean record may yield a good car insurance policy with better discounts.

4. Anti-Theft Devices

Always install safety and anti-theft devices in your car. If your car were at a less risk then it would be cheaper to insure, as these accessories affect your risk policy. So make sure your car company knows about these installed devices.

5. Read The Fine Print On Your Policy!

Read the policy carefully. When it comes to renewal, read the document well before signing, as you may find some points overlapping with the new ones. Eliminate those that are necessary so that your insurance cost reduces.

6. Get More Than 1 Quote

Shop around for a better quote once your old policy expires. You can also browse the net if you want a wider choice. Car insurance companies can differ by 300%, thus you can save your hard-earned money, if you select the appropriate company.

7. Package With Your Home Insurance

If you bundle your housing insurance policy with your car insurance policy then you may get a larger discount. Therefore, try and club other insurance policies with your auto insurance policy.

8. Mileage Discounts

Drivers whose average drive time is around 40 miles per day generally qualify for low mileage discounts and if the driver does not fall into this category, he or she can avoid using the car for a few days. This idle time can reduce your car’s mileage, to get low mileage discounts.

The most important out of these 8 tips is getting multiple quotes. When you have more than 1 quote you can start comparing and calling each company, then telling them you got a cheaper quote. Ask if they would price match.

If they price match then ring the other company and tell them what you got. See if you can further reduce your insurance rate even more!

It’s a myth that a car insurance policy is very expensive. If you explore all the options well and invest in a smart policy then you can get the best low cost auto insurance. So start your search today!

Watch your insurance rates increase perhaps as much as a 96% when your teen graduates the driver training program and gets behind the wheel of your automobile. Yikes! Why?

A spokesman for the Property Casualty Insurers Association of America, Joe Annotti says about teen drivers “The first month, they’re fine, then they think they know everything about driving and safety . . . (and) pretty soon they’re flying 60 mph down a back street to get to school.”

The statistics are not good for crashes and it’s still the #1 killer of kids 15 to 20, and teens under 25 are three times more apt to die in a car crash.

No wonder the car insurance rates jump 50% to 200% the very minute you add your teen driver to your insurance policy. The auto insurance companies are just not willing to handle that risk with out your financial help.

There are a couple things you may want to consider to perhaps reduce the amount your rates will climb before your teen driver takes the wheel.

1. Find out how your insurer assigns drivers to cars. This differs from insurer to insurer and can make a huge difference in the premium you pay. You may want to consider picking up a cheaper car for your teen to drive, such as an old beater that sits in the driveway most of the time. At times this can be less costly than the double or triple insurance premiums on your luxury or new car your teen will drive. Or if you have an older car as well as the new car in the family, see if your auto insurance provider will allow you to assign the teen to the older car, thus reducing your costs. If not, you may want to switch insurance companies.

2. A straight-A student in many instances may not drive better than the C student, but there are many insurers that offer a 10% to 25% discount to teens who maintain a B average or better. Why? These kids are looked at as better future risks. “Long-term, they want the A student as a customer,” Joe Annotti said. Better students are seen as “more responsible.”

3. Have your teen take Drivers Education vs the short-term courses. Short-term courses are not effective in reducing future accidents, according to studies published by the American Journal of Preventive Medicine, but the auto insurance companies will reduce your costs 5% to 15%. Go figure.

4. Raising your deductible should reduce your premium by about 35%. Ron Lovatt of the Automobile Club of Southern California boosted his deductibles from $500 to $2,000 when his daughters began driving. It just makes good financial sense to raise the deductible to lower the on-going premiums. It may be the wise idea regardless of teen drivers.

5. If your teen enters college and will not have a car available to them, take them off your policy. However, know your teen will not drive during this time, ever, regardless of who’s car. If they drive uninsured and cause an accident you can be sued.

6. Do not report the fender-benders to your insurance company. If you do report it they will certainly raise your premium. More than likely it will be cheaper to pay for the minor repairs yourself or maybe think about having your teen pay. Ouch!

It should come as no surprise that finding low rates & superior auto insurance coverage comes with knowing something about what the other companies are offering and at what cost. The savvy shopper will find the best rates to meet their needs.



Ehome Habitat

If you do not already know, Florida is a no fault state. This means that there are some requirements that Florida might have that other states do not. If you are currently looking into getting insurance to cover your teen that just got their license, here are some things to keep in mind. Some of us have not had to purchase insurance in a while!

Florida Requirements:

- Your teen must have a learners permit before being able to obtain an official license. Not only do they have to get a learners license before, they have to carry it for a whole year.

- After you have your license and ready to drive, you need to get the following:

1. PIP coverage, also known as personal injury protection.

2. Bodily Injury Liability: $10,000.

( Note: you must always check with an insurance agent to see if there have been any changes).

Although the minimum requirement is not that much, if you were to be in an accident, you could find yourself in a compromising position. Being that you are insuring a young, inexperienced driver, it is especially important to make sure you have all your ducks in a row and covered on all fronts in case of an accident. We hope our children and ourselves will not ever have to experience an accident. Often, more times than not, a person will experience an accident or “fender bender”. This is a higher risk with teens. Numbers show that teens are at a much higher risk for causing accidents due to negligence. Distraction such as friends, phones, etc. are very prevalent amongst kids that age. Finding the right balance for your teenager’s auto insurance coverage and your wallet is sometimes a challenge.

It is recommended that along with the required insurance, you should carry: Uninsured motorist, Comprehensive, Collision, and Bodily Injury Liability. If you are making payments on a financed car, it is already a requirement that you must carry full coverage. Depending on the year and condition of your car, it might not make sense to carry collision or comprehensive insurances. Sometimes, book value for cars is much less than the deductible it would cost to get the car fixed. Or, in another instance, if your car were totaled, you would have put more into coverage than your car is even worth. Check the specifics on all the different options available.

Also, make sure you take advantage of the money savers stated before. Good grades and a safe vehicle are a good way to reduce a teenager’s auto insurance rate. As a policy holder yourself, you can look into multi-car discounts, insuring your home and car through the same company, if applicable and making sure you are getting appropriate discounts for the safety features in your car. Another common money saver that people tend to over look is AAA. Although AAA is not the only auto club; it is the most recognized. Sometimes clubs can save you money on an auto insurance policy just as they do for an amusement park ticket!