| Auto Insurance is a bouquet of different | | | | |
| covers like liability insurance; collision | | | | - Ensure that your insurance credit history |
| insurance; comprehensive insurance; medical | | | | is accurate. Many insurers use credit history |
| insurance; uninsured motorist insurance; | | | | as a basis to calculate premiums. |
| rental reimbursement; towing and labor cost | | | | |
| coverage; as well as gap coverage. | | | | - Study the laws of the state where you live. |
| | | | Find out whether any further adjustments in |
| What is essential and what will protect a car | | | | premiums can be made because you car if |
| owner from problems varies from state to | | | | fitted with: airlock brakes, air bags, and |
| state. It is advisable to insure for a little | | | | other safety features. Find out from the |
| more than absolutely necessary. Insurance | | | | companies as well as your agent. |
| premiums can be prohibitively high so, as an | | | | |
| informed consumer you must do your research | | | | - Find out whether membership to |
| thoroughly. | | | | organizations like American Automobile |
| | | | Association makes you eligible for any |
| Golden rules: | | | | discounts. Ask about trade, professional |
| | | | associations, and corporate benefit's |
| - Access consumer information available on | | | | program. Some companies offer: student's |
| the state's insurance department web site. | | | | discounts for students with a GPA of 3.0 and |
| Read all the guidelines and determine what | | | | higher; retirement discounts; loyalty |
| coverage is required by you. Be sure to read | | | | discounts and more. |
| the sample rates listed. This research will | | | | |
| give you a fair idea of what the premiums are | | | | - Be sure to ask the insurer if they have |
| likely to be. | | | | schemes to insure mare than one car under a |
| | | | group scheme. Such schemes referred to as |
| - Ask for quotes from at least three big | | | | multiline discounts have a huge umbrella of |
| players in the auto insurance business. | | | | options, home insurance, safety features, |
| Companies like Geico ; Amica ; State Farm | | | | accident free driving, driver over 50 years |
| ; and Allstate . | | | | old, anti-theft devices fixed, and so on. |
| | | | |
| - Find out what is the highest deductible | | | | For ready reference see: |
| permissible and if you can afford it. | | | | |
| Generally increasing a deductible from US$ | | | | - at has useful information, a privacy |
| 200 to US$ 500 can reduce premiums payable by | | | | policy in place, is updated daily, has links |
| as much as 30 %. | | | | to over 200 companies that sell various kinds |
| | | | of insurance, a toll free line, and an option |
| - Evaluate the worth of your car. If it is | | | | to buy insurance online. |
| old and worth less than US$ 2000 then you can | | | | |
| consider opting out of collision and | | | | - Independent Insurance Agents and Brokers of |
| comprehensive coverage for the car. The | | | | America at is one of the largest |
| premiums paid will be much higher than what | | | | associations of independent insurance agents |
| you will collect. Ask the insurance companies | | | | and brokers. According to experts buying auto |
| to evaluate the market value of the car. Find | | | | insurance from agents can get you a good deal |
| out the worth of you car by using the site | | | | as it cuts out the middleman. |
| of Kelley Blue Book. | | | | |
| | | | - InsWeb at a site dedicated to the |
| - Use common sense when buying a car. Be sure | | | | lowering of insurance costs. Offers |
| to choose one that does not require higher | | | | competitive quotes from big players in the |
| insurance premiums. It is important to not | | | | market like The Hartford, GMAC, AIG, |
| just consider buying costs but cost of | | | | Travelers, Amica, and Liberty Mutual. |
| insurance too. | | | | |
| | | | Remember insurance premiums are higher for |
| - Find out if the insurance company has a | | | | high performance cars. The premium depends on |
| scheme that offers discounts on the basis of | | | | how high repair costs are, ready availability |
| lower usage or mileage. Some companies offer | | | | of parts, and what the chances of car theft |
| discounts if you utilize public transport to | | | | are. Buy a car that does not require higher |
| go to work. They require you to submit proof | | | | insurance premiums and explore the market for |
| that you do. | | | | the best deals. |