Save Money

Reconsider Roadside Assistance Coverage

by AIRD on August 31, 2011

Does your auto insurance include roadside assistance coverage? If so, find out what it covers and how much its costing you. Common roadside services include towing, tire change, battery jump start, emergency fuel and fluid delivery and locksmith service. Depending on what your policy includes and your driving habits, you may decide to forgo the coverage and save money on your premium. Or, consider other sources of roadside assistance insurance, such as automobile clubs, and compare prices. If you are covered by your auto insurance as well as another insurer, you probably don’t need both and may consider dropping one of them.

Consider Increasing Your Out-Of-Pocket Deductibles

by AIRD on August 30, 2011

When looking to reduce your auto insurance premium, one of the first options that comes to mind is to raise your deductibles. However, this requires careful consideration and calculations before you’ll know if its a good idea. Weigh the reduction in premium against the additional amount you’ll be responsible for in case of an accident. For example, if you save $100 per year in premiums, but will have to pay an additional $1000 in out-of-pocket expenses for a claim, it would take 10 years of accident-free driving to recoup the additional risk. Use your own numbers and determine the risk for yourself. Only you can be the judge.

Check The VIN Number Listed On Your Auto Insurance Policy

August 29, 2011

Avoid this small mix up that could cost you big. Each vehicle has a VIN (vehicle identification number) code, which identifies the make, model and year of the car. The VIN is unique for each car, so it is also used to track the vehicle’s history. If your insurance company does not have your correct [...]

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Keep Auto Insurance Claims As Low As Possible

August 28, 2011

Before you file a claim, compare the long-term impact on your premiums to the cost of footing a repair bill yourself. Generally, claims against your auto insurance will tend to raise your rates. If you get a baseball through your window, it may be cheaper to replace it yourself than to make a claim on [...]

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Don’t Assume That The Cheapest Auto Insurance Is Your Best Choice

August 27, 2011

In fact, selecting car insurance solely on the basis of its low price may end up costing you much more in the long run. Customer service, company rating, payment options, available discounts and coverage choices are all important factors. You can afford the premium, but will you be able to afford the costs if an [...]

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Compare The Same Auto Coverage Across Different Insurers

June 21, 2011

In other words, you want to compare apples to apples.  If you get quotes from different companies using different coverage levels, there is no way to determine which is the best offer.  You’ll want to get quotes for the same coverage across multiple insurers in order to get an accurate comparison.  For each quote you [...]

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Shop Around Before You Commit To Any Insurer

June 18, 2011

Take advantage of the fact that many insurance companies are competing for your business.  It can be very tempting to take the first “good” quote that you get and be done with insurance shopping for another year or two.  But that can cost you.  Getting free auto insurance quotes online is a great way to [...]

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Review Your Current Auto Coverage for Opportunities to Save

June 15, 2011

The first place to look for car insurance savings is always your current policy. Have your circumstances changed? Any change that affects how and where you use your vehicle can potentially have an impact on your premiums. Look for changes that may work in your favor. Next, re-evaluate your coverage limits, deductibles and options. Being [...]

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