9 tips on how to lower your car insurance cost.

If you are looking for a way to save on your car insurance cost, you have come to the right place. Below are 9 tips on how to save you money on your car insurance.

Just imagine what you can buy every month if you didn’t have to spend extra money on your car insurance. There are a few things you can do to low your monthly car insurance cost. All you got to do is try them out; there is no guarantee if all of the tips will work. But all the tips below have work for many other people, and all you have to do is read it and try it out. Some people can even save up to 50% of their car insurance cost. You got nothing to lose.

Tip #1: Always shop around for different car insurance quotes

From GEICO advertisements, they say you can save 15% on your car insurance. But you will never more how much more you can save if you don’t look around. You may be getting a better deal somewhere else. If you haven’t been shopping around for you car insurance cost in the past 12-24 months, you are probably paying too much.

Tip #2: Drive safe, have a clean driving record

Bad driving is expensive because car insurance sees you as a high risk driver.

Slow down when you are driving, there is no need to really go past the speed limit, watch for red lights and stop signs. If you have a clean driving record with no at fault accidents or speeding tickets for 3 years, you should see your car insurance cost drop.

Tip #3: Increase your deductibles

The lower your deductible on your comprehensive and collision coverage, the higher the cost for your car insurance premium. If you have a saving to cover your deductible, you should raise your deductible to $500 – $1000. Ask your car insurance agent before increasing your deductible and see how much money you can save after you increase your deductible.

Tip#4: Drop you comprehensive and collision on your beat up 10 year old car

This tip is related to tip #3. When dropping your car insurance comprehensive and collision on your car insurance policy. Then you are responsible for all the physical damages and if necessary your medical cost when you got into an at fault accident.

Drop your comprehensive and collision only if you have an old car that is not worth repairing after an accident or you can’t afford the comprehensive and collision.

Tip #5: Have clean credit record

Every car insurance company handles your credit differently. Many car insurance companies do not check your credit once you are their customer. However, if you are shopping for new car insurance quotes, almost all insurance companies check your credit. To be safe, make sure to clear up your credit because it will have a big impact on your car insurance cost.

Tip#6: Don’t buy a sport car or sell your sport car

If you own a Porsche or a Dodge Viper (ok most people don’t) and you are hurting for cash because your Porsche or Dodge Viper car insurance is eating up your money. The wise and most reasonable way to go about saving your money on your car insurance is to sell off those types of cars or keep them in your garage until you have enough money to pay for the car insurance.

By selling off those types of sporty cars or removing it from your car insurance policy will greatly reduce your car insurance cost.

Tip #7: Make sure you review your car insurance policy with your car insurance company

If you are already shopped around for your new car insurance quotes online, then you have a good ideal what is the average cost of your car insurance policy. With that information, make sure you talk to your current car insurance agent about other discounts like: Multi cad discount, multi policy discount, driver’s education/defensive driving education and even good driver discounts. After reviewing the other discounts from your current car insurance agent, see how the difference costs from your current car insurance and the other car insurance quotes you can. Then decide if it is wroth switching or stay with your current car insurance company.

Tip #8 Sell your supped up/pimp out your car

This one is related to Tip #6. If you have chrome 18 inched rims, new stereo system, LCD TV, body kits on your car. You would end up paying more for your car insurance because your car insurance not only have to cover your car but also all the extra tools you have on your car. If your car got damage or stolen, your car insurance will have to reimbursed you for all the extra toys you have on your car. By selling, removing all the extra gadgets on your car will greatly reduce your car insurance cost. If you want to take a step further you might consider selling the car and get a regular car.

Tip #9: Again, keep shopping for your car insurance online

Yes, shop around again. It is worth repeating. There is no easy answer to find the right policy and cheap car insurance for you and your family unless you went through all the tips and have several car insurance quotes from different insurance companies. Take your time to look for ways to save you money, every dollar count at the end of the day. Why spend more than everyone else it not that hard and doesn’t take long. It’s your money…

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