3 tricks for cheaper car insurance

Friday, July 27, 2012

3 tricks for cheaper car insurance

Car insurance is indeed a tricky thing, and even more troublesome is the fact that car insurance can also be quite expensive. The good news is that there are ways around this. There are, in fact, some tips and tricks you can utilize in order to get cheaper car insurance. The common misconception is that cheaper car insurance can be lower quality car insurance, but that is not always the case, and is usually not the case at all. 

Getting cheaper car insurance is about being a smart shopper and consumer, and it is also about getting the most for your money. The way our world works, especially when it comes to things like car insurance and other services, is that the consumer has the power. The car insurance world is very competitive, and thus car insurance providers tend to be desperate for as much business as they can get. 

So, it is up to you, the consumer, to use that against them, and the best way to do this is to use your assets in your favour in order to negotiate the lowest price for your car insurance. Even if you have a lacklustre car driving history, there are still ways to get cheaper car insurance premium with a little elbow grease. Here are some tips and tricks you can use to negotiate the lowest car insurance rate that you can possibly get.

Cheap car insurance tip #1

 Pay a higher deductible

This is a great way to get cheap car insurance with a car insurance policy you already have or already have qualified for. By paying higher up-front deductible on your car insurance, it will make your monthly premium rates lower, because it reduces risk for the car insurance provider. Risk is, after all, what your car insurance costs are reliant upon. So, of course, if you lower the risk to the car insurance provider, you also lower the costs you would have to pay per month to the car insurance provider.

Cheap car insurance tip #2

 Shop around, and do not settle

The best way to get a cheap car insurance policy is to shop around. Do not just settle for the first one that looks good. Do not be afraid to dig around, otherwise, you may miss out on the best deal possible. The best first step to do is to visit all the online car insurance websites you can find. They usually offer free insurance rate quotes, which can give you a good idea of the range you can expect to be working in.

Cheap car insurance tip #3

 Read the fine print

Often, car insurance companies will lure you in with benefits. But, those benefits always come with a cost, and usually are not necessary.

 About the Author: 

Chad is a frequent freelance writer and blogger on everything car related. His work focuses on the subtleties of car insurance and car care, click here to read more.

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