Accidents Happen When You Least Expect Them

Read these helpful hints about insurance providers to help you get premiums that you can comfortably afford. Insurance companies have specific criteria which allows them to establish rates for each individual.

Spend some time with your agent reviewing the specifics of your coverage before you add expensive personalization to your car. You may find, for example, that the $2,000 you spent to upgrade your car into racing form actually added less than $500 to the vehicle's appraised values. Should the vehicle get stolen, you're out the difference.

Lapses in coverage are a sure way to see an increase in premiums. Switching carriers or even policies might result in a gap in coverage. If your policy provider notices gaps in coverage, they can raise your insurance rates.

The amount you pay for auto insurance each month will greatly depend on the type of vehicle you purchase. Insurance companies charge higher premiums for that high end luxury model you love so much. If you want to save money on your insurance policy, you need to choose something both modest and safe.

Beyond the state legal minimums for liability insurance, there are many other insurance options. While these extra features will cost more, they may be worth it. One good add-on is uninsured motorist coverage, which protects you if you get into an accident with someone who who does not have insurance.

In many states, auto insurance doesn't insure only the vehicle, but the person driving that vehicle, as well. In the event you let your friend borrow your car and s/he gets has a wreck, your insurance company will be very unlikely to pay. There is an additional coverage you can purchase as part of your policy that will let you loan your car to others if you choose. This option will cost you more though.

When purchasing new auto insurance, you should always be sure you have property damage liability. This will compensate the other driver for any property damage you cause in the course of an accident. There are only 3 states that do not require you to have this coverage. Although you must invest money, it will be worth the cost if you get in an accident.

Increase your deductibles and save money as a result. This move may be risky as you will have to pay more in the event of an accident, but your monthly insurance rates will be cheaper. Your premiums will often be considerably lower if you choose the higher deductible.

Make perfectly certain that you have new auto insurance coverage before actually dropping your current coverage. You don't want to be caught with auto insurance because you never know when an accident can happen.

You might be able to save on auto insurance by obtaining a bundled insurance package. Bundling it with your homeowner's coverage, for instance, may drop the price of your auto premiums. Make sure you're paying less with a bundle than with two separate policies. If you're not, keep the policies split.

If you have other drivers listed on your insurance that no longer drive your vehicle, remove them from your policy. If other drives are on your plan, removing them may save you extra cash on your monthly and yearly premiums.



Documentation is key when you need to file an accident claim. While on the scene of the accident, make sure you snap a few photos of the damage with your cell phone. If you don't have a cell phone with a camera built in, consider leaving a disposable camera in your emergency kit or glove box of your car. This will also assist you if you forget your phone, there are no witnesses, or your phone is damaged in the accident.

If you feel your driving record has been hurting your insurance costs, you may be able to get your rate lowered. In exchange for taking driving lessons and courses after driving infraction your insurance company may give you a lower insurance rate. Some companies, like Progressive, offer their customers the option to temporarily add a chip to their car which will monitor their driving habits everyday, and if those habits show responsible driving, they will lower your rate.

Prior to switching auto insurance providers, be sure that you don't have any unpaid parking tickets or outstanding traffic violations. Companies will look over your driving record; pay any fines that you owe. This is not only the thing you should be doing, it can also help save money on insurance costs.

Many companies offer discounts for seniors, good drivers, or people who complete refresher courses. 10% is a perfectly great discount on your insurance premium.

As you can see, you can afford good car insurance if you do your homework. You may be able to lower your insurance premiums by using the advice given in this article.

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