Tag Archives: Cheap Car Insurance

Really Cheap Car Insurance No Accident

So, you’re sitting around talking with friends when the subject of car insurance comes up. You find out some of them are paying a lot less than you are. But guess what? Really cheap car insurance is no accident. Your friends likely followed a few simple tips to get a better rate.

Understand that car insurance companies use a number of different factors to determine how much they are going to charge. Some of those factors you have no control of, such as your age and sex. Nevertheless, most of them you can control. Those factors include:

  • the make and model of your car
  • your driving record
  • your credit history and score
  • the size of the deductible you are willing to accept.

Prevention Goes a Long Way

The most important thing we can tell you about really cheap car insurance is that prevention goes a long way. In other words, just as healthy eating habits can prevent disease, good driving habits can prevent excessively high insurance rates.

Don’t believe us? Here are a couple of things to consider:

  • Accidents – Every time a driver files an accident claim it costs the insurance company money. And in most cases, claims far exceed the amount of money the customer has paid in through premiums. So every accident increases the risk your insurance company will lose money. If you have a record littered with accidents, you are going to pay more.
  • Minor Violations – When you are ticketed for a minor violation – say making a turn without signaling – that violation goes on your record. Multiple violations tell your insurance company that you are careless behind the wheel. Being careless results in higher insurance premiums.
  • Major Violations – It goes without saying that the most serious violations not only result in higher premiums, they can bump you into a high-risk pool. These serious violations include DUI/DWI, leaving the scene of an accident, and allowing your insurance to lapse.

It Pays to Shop

One of the dirty little secrets of car insurance rates is that there is no standard by which everyone is equally charged. In other words, you are rated on each of the individual criteria an insurance company uses to determine premiums. Those ratings are entered into a complex mathematical formula based on statistical data.

The use of such formulas should make it clear that insurance rates will vary from one company to the next. The variation is what makes it possible to get really cheap car insurance if you are willing to shop around.

How do you shop around? The old way of doing it was to contact a local independent agent and let him do the searching for you. The problem here is that independent agents are bound to a small handful of companies they have agreed to work for. That limits your choices.

Another method is to contact individual insurance companies and ask for quotes from each one. That’s not likely your favorite choice, is it? Probably not. Contacting individual companies is a time-consuming hassle you do not need.

One-Stop Quoting Online

As it turns out, the best way to shop around for really cheap car insurance is to use an online quote sites like YesRate.net. Here you take just a few minutes to fill out the form, then submit it and wait for the quotes to come to you. There’s no faster and easier way to do it.

Really cheap car insurance is no accident. However, you will not get a great price if you don’t go searching for it. Our search tool is available to help you right now; enter your zip code to get started.

An Overview of Cheap Car Insurance and Seven Tips on How to Get It

Cheap car insurance is a necessity nowadays for those who have cars. Many states require drivers to have insurance for their cars, and that is where affordable insurance comes in. Moreover, you can derive many benefits from car insurance. In case of accidents, the following may be reimbursed, depending on your coverage:

– Damage to your car
– Damage to other cars involved
– Damage to other objects involved in car accidents
– Bodily injury
– Theft
– Fire damage
– Flood damage
– Renting costs (when your vehicle is damaged and you need to rent a car)
– Towing costs (when your vehicle is damaged and has to be towed to a repair shop)

In general, the wider your coverage, the safer you will be from car-related risks, but the more you will have to pay in monthly premiums. However, with plenty of vehicle insurance companies out there, you can easily look for an affordable policy that satisfies your needs as a car owner and driver. Here are seven tips that can help you in looking for cheap insurance for your car:

1. Reduce your risk.

The greater a risk an insurance company deems you and your car, the higher your monthly premiums will be. Ways to reduce risk include putting up alert devices for your car in case of theft, buying a car with highly effective safety features, having a clean record when it comes to driving, and keeping your car in top shape.

2. Shop around for quotes before settling on your choice of inexpensive car insurance.

There are many car insurance companies showing off their goods online and offline nowadays, so you have the luxury of choice. Know what you want first from car insurance companies, look for advice on what your vehicle insurance policy should have, and find the cheap car insurance policy that satisfies your needs.

3. Decide on a reasonable deductible amount.

A deductible is an amount of money which you will shoulder in case you need to make a claim. For example, if $1000 is the deductible, then you will cover all damages less than $1000. If damages are greater than $1000, then you will cover the first $1000 and the insurance company will cover the rest. A deductible of $1000 is reasonable; it is an amount that many people have in their savings account and it can allow you to get sufficiently low-cost car insurance (the greater the deductible, the lower your monthly premiums).

4. Scout for discounts as much as possible.

If you are a safe driver, you are highly likely to qualify for discounts. Having low car mileage is also a good prerequisite for a discount. You can also possibly get discounts by combining multiple car insurance policies. With discounts, your monthly premiums will be lower than usual, so you can get some savings. Students also usually have car insurance discounts

5. Keep your credit rating high.

You are required to pay monthly premiums, so insurance companies inspect your credit rating to determine your ability to pay. Ways to keep your credit record in top shape include paying any monthly payments on time, using your credit cards wisely (by not spending them unless it’s absolutely necessary), and trying to be debt-free as much as possible.

6. Take a course in driving education, and let your insurance provider know about it.

(NOTE: This is a course for people who know how to drive already – it does not give you driving lessons.) Educating yourself more about driving will lead the insurance company to believe that you are not high-risk, thus leading to lower monthly premiums.

7. Keep your car in your garage when not in use!

In a garage, your car will be less prone to thievery and damage from forces outside your home. You also don’t have to remove ice from your car when it’s winter time (and note that ice can cause damage on occasion). So clean your garage if you’re not using it for other important uses and then keep your car there at night.

Following these seven tips will ensure that you will find the best deals regarding car insurance and be adequately covered in case something terrible happens involving your car. Cars are necessities for many people, and if you are one of them, you have to be ready for anything surprising that happens to it, and the way to do that is to get cheap car insurance.