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Saving Money on Auto Insurance

One of those expenses that we hate to pay when we don't seem to need it is auto insurance. But, it is great to have when we do need it. Further, in many states, it is against the law to drive without auto insurance. That does not mean that you should pay too much, however. Consider how much money you could save per year, if you paid just $50 per month. That is $600 for the year. You could save that money and earn interest on it. The results can be staggering.

I recently turned 25, so I am awaiting the great savings that occur when you reach that milestone. Whether you have reached that milestone, or not, you might be paying too much. There are a couple of things you can do to lower your auto insurance costs:

  1. Have a better driving record (don't speed, don't get in a wreck)

  2. Take a defensive driving course

  3. Bundle homeowners insurance with auto insurance

  4. reduce your coverage and/or raise your deductable (this would be your decision, not mine)

  5. Shop for better insurance

The choice is up to you; you have options. Following are some links to various places that you can receive free quotes for auto insurance. Who knows, maybe you could save some money.

Categories: ,

Blogger Jesse Says:

December 14, 2005 4:30 PM 

You can also get married. In itself it is not a good reason to get married, but it does really make a difference.

Blogger Neo Says:

December 26, 2005 9:14 PM 

Some other things to look into. If your vehicle is paid off and you don't mind taking just the state minimum on insurance, that will save you.

Also, the zip code that you live in affects your rates. Not that we ever ask the insurance agrent before moving but it is something to keep in mind.


Anonymous Says:

June 29, 2006 7:45 AM 

Auto Insurance Guidence

Did you know that there are several proven methods to save hundreds of dollars from your annual premium?
Car insurance companies will quote high rates by default so it is very important to provide insurance companies with accurate information about you when asked for. Furthermore if your financial status allows you to raise your deductible, just a bit, many insurance companies will quote lower rates.
Find out more money saving tips, you may even be surprised that you haven't thought about them yourself.
To read more from this article visit: Auto - Cheap Insurance Secrets

Anonymous Bonds Insurance Los Angeles Says:

December 30, 2011 6:13 AM 

Auto insurance & commercial business insurance in Los Angeles & all around California, US. Call 877 527 2378 and will make sure you are getting the best deal, best coverage and the best service possible GUARANTEED!

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