Posts tagged ‘Auto Insurance’

Auto Insurance – Who Gets The Best Deals?

When a person purchases their first or new car, there is excitement in the air.  However, one thing that can put a dampener on the experience is looking for cheap auto insurance quotes. To add to the frustration, some people seem to get better deals on their car insurance than others, but why?

It’s all About Risk

The job of an insurance policy is to make sure the driver is covered against accidents and collisions where they might injure themselves or other people.  They can also cover costs for the driver if the car is vandalized or stolen for instance.

Because the insurance companies need to pay out the cost of covering these eventualities, they need to know how likely it is that any of these things might happen to the policy holder, or in short, how much of a risk they present.  Once this has been worked out, a quote is given.  The following are particular groups which insurance companies tend to use as guides when working out rates.

New Drivers/Teenagers

This particular group tends to get stung with their premiums.  From the insurance carriers point of view, new driver means inexperience and possibly, slight recklessness due to the excitement of being on the open road on their own.  This all means that they are more likely to have a collision.  There are a few things which might be able to lower the rates though for people in this predicament:

  • Complete a driver’s training course – Some insurance companies will actually refer drivers to a course on request.  This will instantly lower the premiums as well as giving new driver’s more confidence on the road.
  • Students may be able to get a discount for being a student, but also if they can provide good school records showing a 3.0 GPA or above.  The grades reflect the kind of person who is intuitive and pays attention in school, hence the kind of person who should make a good driver.

Women

Statistically, women have fewer accidents than men and insurance companies mostly offer lower rates to their female clients, unless of course they have made a previous claim or have an unclean driving record.

Men

Men are stuck with higher rates than women, because of the statistics on show.  However, there are certain discounts which are available to men.  For instance, the older men get, the more the rates come down, especially if they have years of a clean driving record under their belts.

Home Owners

Home owners are placed in a favorable price bracket as they are seen as responsible people.  They also have the luxury of combining their home insurance with their auto insurance to bring the price of both policies down.

Married People

Married couples, similar to home owners, are believed by many insurance companies to be less of a risk because of their family commitments.  They too can enjoy good rates and possibly multiple policy discount if both partners have a car or if they insure two drivers on the one car.

At first glance it might seem that some people get better deals on car insurance than others but there is always a way to beat the price down with a little time and effort.

Cheap Auto Insurance for Women Drivers

The truth of the matter is that women oftentimes pay more for their car insurance then men do. Now, you may think that this is unfair but it is simply a cold hard fact. For whatever reasons, the car insurance companies view women as being riskier drivers than men. This means that if you are a women driver that you are going to have to search far and wide for cheap auto insurance. The good news is that cheap auto insurance for women drivers does exist if you know where to look for it at. Just think- you could take the time to find a good policy today and be enjoying the savings as soon as tomorrow!

Cheap Auto Insurance for Women Drivers

Cheap Auto Insurance for Women Drivers

One of the best ways to get cheap auto insurance for women drivers is imply to shop around and compare quotes. Car insurance is just like anything else- the more you shop for it the ore likely you are going to get a good price. Now, shopping for car insurance may not be as desirable as shopping for shoes or purses but it is necessary if you want to get the best deal possible. When shopping for cheap auto insurance for women drivers there are a few things that you can do.

The first thing that you can do is begin to contact eh insurance agents in your area that service local drivers. You can go through the phone book and call each agent up to get some information from them. Make sure to let them know that you are a driver that is looking to get the lowest price possible.  There is a good chance that they will take some information from you over the phone and give you a quote right there on the spot. This is nice because you will be able to communicate with the different agents person to person and ask them any questions that you may have. Make sure you tell them that you are a safe women driver that is looking for the best price on car insurance.

The best way, however, to get cheap auto insurance for women drivers is to get your different quotes online. In my estimation this is the easiest way to get the quotes that you want is by utilizing the power of the internet. You will be able to request free quotes in a matter of minutes just by filling out a few online forms. The nice thing is that you will be able to note right on the form that you are looking for the cheapest rate. That said, because you are a women some companies may inherently view you as an at risk driver. Make sure to compare the different quotes together so that you are sure to get the one that is the cheapest for you.

Cheap auto insurance for women drivers is a real possibility. There’s no reason why a safe women driver shouldn’t be able to get car insurance for a low rate just like a man would. Shop around, get free rate quotes and enjoy the savings.

Cheap Auto Insurance for Student Drivers

Let’s face it- student drivers are considered high risk by most car insurance companies. At the end of the day this means they will have to pay higher car insurance rates than people that are a few years older than them. The good news is, however, there are a few things that students can do in order to decrease the level of their car insurance. I know when I was a student money was tight- I had to find ways to save it. I was luckily able to get pretty good car insurance in terms of price by shopping around. The fact of the matter is that cheap auto insurance for student drivers does exist.

Cheap Auto Insurance for Student Drivers

Cheap Auto Insurance for Student Drivers

The first thing that you want to do on your quest for cheap auto insurance for student drivers is to ask if there is a discount available to you. Many car insurance companies have programs that will give student drivers a discounted rate if they can prove that they are a good student. What you must do is show your agent your grades so that they can verify you have reached a certain level of academic success. If you have reached the required level you will be given a discount. Please keep in mind that most companies have different criteria that they go by so ask around before you purchase a policy.

Another easy way to ensure that you get cheap auto insurance for student drivers is by becoming a safe driver. Like I said above, student drivers are seen as a high risk because they are more likely to get into accidents than older, more seasoned drivers. That said, if you can show a car insurance company that you are a safe and responsible driver they will be more likely to cut you a break regardless of if you are a student or not. Make sure that you do not have a pile of speeding tickets as well as a series of accidents caused by you. All of these things will hurt your cause if you are trying to get cheap car insurance.

A final thing that you can do in order to make sure that you are getting the best price is to simply shop around. Each different insurance company will offer different rates for students. That said, if you take a few minutes to get quotes from different places you will be able to compare them together to see which one best fits your needs. The good thing is that it is really easy to shop around if you have access to the internet. You will be able to get everything that you need in a few short moments if you hunt for your student car insurance quotes online.

Just because you are a student doesn’t mean that you can’t get a good price on car insurance. Cheap auto insurance for student drivers is out there and available for you if you know where to look and how to carefully shop around.

7 Steps to Cheap Auto Insurance

1. Find Companies Online – This is the first step to getting cheap car insurance. Simply put, using the internet will allow you to access all of the contact info that you need in order to get a hold of the companies that service drivers in your area. On top of that, it will allow you to access all of this vital information very quickly.

 

2. Look for Discounts – After you have located a few insurance companies that work with drivers in your area you will want to investigate each one to see what their discount programs are like. After all, the discounts are going to be what makes the insurance cheap for you. If you are a good driver, for example, you will want to work with a company that will reward your god driving habits as opposed to a company that will just omit them.

 

3. Fill out a Free Auto Insurance Quote Request Forms – The next thing you need to do is fill out a form from all of the companies that you are interested in. The form will ask you information about your driving history as well as information about the type of coverage that you want. Make sure to be honest when filling out the form as you do not want to mislead the insurance company. They will ultimately determine what your driving history is and adjust the quote accordingly.

 

4. Compare Multiple Quotes – After filling out the rate quote request forms you will have to look at each individual quote to see what it looks like. Make sure to look at the total price as well as the total level of coverage. These two things will be key in determining whether or not the auto insurance is cheap or not.

 

5. Adjust Coverage – After you get your quotes back you will want to adjust the level of coverage to make sure that it suits your needs in terms of price. For example, you can lower the overall price of your policy if you raise the deductible. This will really help to make the auto insurance much cheaper. In addition, you can also change the type of coverage that you were quoted. Instead of full coverage you can opt for just liability coverage which will lower your price. It should be noted, however, that liability coverage is a lower form of coverage that will mean you have to pay more in the event of an accident.

 

6. Ask Questions – Once you think you have found a policy that you want to buy it is a good idea to ask the agent a few questions. You will want to make sure that he is going to be there for you when you need him the most. Ask about the policy in regard to customer service- make sure that you like the answer. There is nothing worse than not being able to get ahold of your car insurance agent when you have just been in an accident.

 

7. Buy the Policy – The last step is actually purchasing the cheapest policy that you can find! At the time of purchase make sure that you have enough money to afford the first payment as you will have to pay it immediately.

Cheap Auto Insurance with No Down Payment

So, you are after cheap auto insurance with no down payment. The good news is that it is possible to get this type of deal if you know what you are doing. The simple truth of the matter is that if you ask the right people, the right way you can get the cheap auto insurance that you want for the down payment that you can afford. The key is to take your time when shopping around for your insurance. Even if it takes you a few weeks to find it will be worth it since you will not have to pay a down payment to get the cheap auto insurance that you want.

Get Cheap Auto Insurance with No Down Payment

Get Cheap Auto Insurance with No Down Payment

The first thing that you need to do is find a few agents that will accept your business with no down payment. If you are a good driver this should be easy to do. If, however, you are a poor driver it will be much harder to accomplish. If you have a history of getting into accidents or getting speeding tickets it will be much more difficult to get the no down payment insurance that you are after. Make sure that after you locate the companies you want to work with that you take the time to ask them what the criteria is for getting cheap auto insurance with no down payment. They will be able to tell you immediately if this is something that you qualify for or not.

You may also want to consider the fact that you can get cheap auto insurance with no down payment from a few different places if you bundle your coverage’s with them. For instance, if you have renters insurance you can combine it with your car insurance and receive a discount. As long as you have been a good customer in the past to a certain car insurance company there is no reason why you should not be able to get a good deal on your car insurance while eliminating the down payment. Once again, it is very important to ask the different agents that you are dealing with to ensure that you are able to get the insurance that you want with no down payment.

A final thing that you can try is rolling your down payment into the price of the policy so you do not have to pay it upfront and all at once. Even if you are forced to pay a small down payment it can be much more affordable if it is mixed in with your monthly premium. Ask the agent if this is a possibility as this is a very popular solution to the no down payment problem. In essence, this will just allow you to pay your premium in a few equal installments instead of having to pay a large lump sum upfront.

If cheap auto insurance with no down payment is your goal then there is no reason why you shouldn’t be able to find it. With a little patience and looking around you should be able to find what you are after in no time at all.

Comparing Cheap Auto Insurance Quotes Online

Comparing cheap auto insurance quotes online is rather easy to do if you are serious about finding ways to save on your car insurance. The fact of the matter is that when I was in the process of shopping for quotes I was easily able to find a few good ones online that were very cheap. However, once I got the quotes back I had to compare them together. This was the hard part as it is not as easy as it sounds. However, at the end of the day I was able to decipher the quotes and come away with a cheap car insurance policy that I still have today.

Comparing Cheap Auto Insurance Online

Comparing Cheap Auto Insurance Online

One of the first things that you want to compare when it comes to cheap car insurance quotes online is the total price of the coverage. Since my goal was to get the cheapest policy possible I automatically looked at the price first thin. This gave me a good idea of what I was going to pay for a policy when it was all said and done. One thing I did learn is that it is cheaper if you pay your policy in full as opposed to paying it each and every month. Paying in full eliminates the processing fee that comes along with billing you for your insurance on a monthly basis. Paying in full can save you quite a bit of money.

Another thing that you will want to compare is the price of the deductible. Keep in mind that the lower the deductible the higher the total price of the coverage will be. That said, if you are interested in getting the cheapest policy you will want to make sure that you have a deductible that is fairly high. When comparing your online auto quotes it is a smart idea to look at how high the deductible is in relation to how high the price of the insurance is. You may see that there are two polices that are comparably priced with different deductibles amount- you always want to pick the one with the lowest deductible if everything else is equal.

Finally, you will want to look at what kind of coverage it is. You may have quotes for full coverage in your hand as well as some for liability coverage. The ones for liability coverage are going to be the cheapest as they are going to provide you the lowest amount of coverage. Liability coverage is similar to minimum coverage as it will just protect the property of the other people in an accident, not yours. Make sure that you are looking at all liability quotes if you want to get the cheapest coverage out there. Keep in mind that this may not be the best way to go if you have a new car that is very expensive.

Comparing cheap auto insurance quotes online is something that you have to do if you want to get the best deal out there. As for me, I compared quotes online and have been realizing a significant amount of savings ever since.

Auto Insurance For High Risk Drivers

There is no set pattern of the auto insurance companies in setting the car insurance premium; each case is different and each company is different from the other. Insurance for drivers with high risk is called High Risk Auto Insurance and usually the high risk auto insurance is the most expensive as compared to other auto insurance policies.

High Risk Auto Insurance

High Risk Auto Insurance

To understand why high risk auto insurance can be expensive, it is imperative that you understand who all high risk drivers are. Of course as the name suggests, it simply means drivers that pose a high risk to the auto insurance company of paying up in claims. The definition of high risk drivers can be a bit different for each insurance company. Usually drivers who have been charged with DUI or DWI in the past are the ones who come under this category. Similarly drivers who have had speeding tickets or have committed other traffic crimes are high risk drivers for the insurance companies.

But these are not the only people falling under this category. Drivers aged less than 25 years or those who have very less experience in driving, teenagers who have just started off are all labeled as high risk drivers. If any of the above mentioned drivers go to purchase auto insurance, they would be offered the high risk auto insurance, and for a long time they are going to remain as high risk drivers.

There are only a few ways to escape the expensive high risk auto insurance if you are one of the drivers that fall under the section of high risk.

  • High risk auto insurance is not easy to escape if you have had a poor driving record. The only way you will be able to minimize it is by clearing your record. You can’t change the past, but you can focus on the future. You can take a safe driving test, a couple of times to get those extra points and have a clear record for the following few months. This might give you a chance to find cheap high risk auto insurance.
  • For what it is worth, you should compare the different quotes on high risk auto insurance from different companies. There is bound to be a provider with lowest rates as compared to others.
  • If you are a teenager or a young first-time driver, then it is going to take many years to come out of that category. But you can catalyze it by showing your good academic record. A good student vouches for responsibility and responsibility is what is needed on the roads.
  • If you have been found guilty of DUI, then it is better if you sign up for the AA. Staying sober and having a proof of it might be able to get you an insurance coverage that is cheaper than high risk auto insurance.

Even if you had a good driving record, it is not going to take much effort for you to slide into the high risk auto insurance category; it only takes a couple of times of messing up on the road. So be careful as no one wants extra expense.