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Save Money on Car Insurance

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Save Money on Car Insurance          With car insurance becoming mandatory in more and more states it is becoming an increasing financial burden on the American consumer. Car insurance rates can be very high and if you own multiple cars in your family the prices can compound. With rising insurance costs here are a few steps to decrease your monthly premiums and start saving money right away with car insurance.





Step 1

Gather your latest insurance documents. Use these as references as they itemize the cost of each part of your auto insurance policy. Study your coverage amounts and determine if you really need such high coverage amounts in each category. Most local insurance companies will choose coverage amounts for you so if you don’t itemize yourself and see what they gave you, you may unnecessarily be paying too much per month.

Step 2

If you have determined you have too much coverage in certain categories call your insurance company and have those items reduced.



Step 3

Shop around online and consider switching to a cheaper online auto insurance company. Many online car insurance companies are offering cheaper rates for the same level of coverage. In addition with some of them you are able to customize coverage amounts yourself through their website before making a decision. This can help you save hundreds a month by playing around with the numbers yourself until you find a desired level of coverage.


Step 4

Ask your insurance company about “good driver” discounts. If your driving record is free of any traffic violations for a certain number of years, many auto insurance companies will give you a discount on your rates of around 5%.



Step 5

Save Money Home Owner InsuranceTry combining your homeowner’s insurance policy with the same company that does your auto insurance policy. Many insurance companies will offer significant discounts if you have both your auto and homeowners insurance with the same company.





Step 6

Finally you can just try calling your current insurance company and ask them to give you a discount since you have been a faithful customer for so many years. Sometimes this works.


 

Additional Advice

                   Do not drop your auto insurance coverage altogether to save money. Auto insurance is mandatory in most states.

                   Be courteous when speaking with insurance representatives, you want to stay on their good side.



Low Cost Auto Insurance   Low Cost Auto Insurance                                                                           Save Money with Online Savings    Save Money Online Savings