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