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Saving Money On Your Auto Insurance
I n today's
environment of rising prices, we are looking for
ways to help you keep your budget under control.
There are a number of ways we can help you do this
without compromising the quality of your coverage.
The first
recommendation
we
have is that
you
always call
us
before
you
buy that next
car.
You
will
be surprised
at the
difference
in
premium
from one
vehicle
to
another.
The
reasons for this difference range from
the
vehicle
being
considered
a
sports
model to
the
high
cost of
repair
due to unique
or
difficult
to
acquire
parts.
Many models
also
have
worse-than-average injury statistics,
which
increases the
costs
associated with
physical
injury and recovery.
Look
for
a
car
with automatic
restraints
-
especially air bags.
Many
companies
give
special discounts
for
air
bags,
anti-lock
brakes
and
passive
restraint
systems.
Believe it or not, your credit score
will make a huge difference in your insurance rates.
Technically it is not your credit score, it is your
insurance score, but the two are very closely
related. Insurance companies have proven that
as a general rule, people with better insurance
scores have fewer claims, a lot fewer. Of
course, this doesn't necessarily apply to every
individual, but it is true of large groups. So
insurance is just another place were being
financially responsible will pay off in the long
run.
Your driving
record is
of paramount importance. Companies are
systematically
reviewing
all their policyholders, some on a
monthly
basis,
ordering
motor
vehicle
reports
and
reviewing claims
history.
Your
driving
history and insurance score are
the
most
important factors
on which your
rates
are
based.
If
your car
is older,
you
might
want
to
consider
dropping
comprehensive and/or
collision
coverage.
If
your
automobile
is
only
worth a couple
thousand
dollars,
and
you carry
a
$500
or
$1
,000
collision
deductible,
it really
doesn't
make a lot
of
sense
to
carry
collision
coverage
at all. What
if you
buy
that
dream
car
you
have
always
wanted?
It stands to
reason
that high
value
cars
are
more
expensive
to
insure.
Here
is
where
utilizing large deductibles
is smart.
D o
you
have
a
youthful driver in your
household?
If
so,
make it
a
requirement
that he/she
carry at
least
a
B
average in
school
as a
requirement to drive.
You
would be amazed at the difference
in
youthful
driver
rates.
The loss
experience
for these drivers is much better
than
the average
youthful
driver
as
well.
These
young drivers
seem
to
exercise
a
greater degree
of care
while driving.
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