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| Multiple Car Insurance Quotes - How to Get the Best Rate & Car Insurance And Comprehensive Coverage: Is It Worth It? |
| Tuesday, December 9, 2008 |
Multiple Car Insurance Quotes - How to Get the Best Rate
Car Insurance And Comprehensive Coverage: Is It Worth It?
Getting multiple car insurance policies through the same insurance company can save you a lot of money on your insurance.
When you're shopping for car insurance, the choices you make for coverages can affect the premium you pay. Here's how to get the cheapest multiple car insurance quotes with a reputable company. One of those choices is deciding whether you should get comprehensive coverage or just collision.
Why Get Multiple Car Insurance?
Having one or more cars insured with the same company can save you up to 15% on your auto insurance. This is one of the areas of car insurance where you could save money. Another benefit is that you have only one insurance company to deal with, and only one bill to pay.
Collision coverage pays to repair damage on your car caused by an accident that you are at-fault with.
How to Get the Cheapest Multiple Car Insurance Quote
The easiest and quickest way to get the cheapest multiple car insurance quote is to go online to an insurance comparison website (see link below). There is usually a deductible, or amount you have to pay, before the insurance company pays for the damage. The advantages of using one of these sites are:
* You get quotes from multiple insurance companies, not just one, so you can compare those quotes and choose the cheapest one. If you choose a higher deductible, you should get a lower premium.
* It only takes a few minutes of your time, saving you hours of visiting insurance company websites or calling local insurance agencies.
Comprehensive coverage pays for damage to your car caused by events other than a collision.
* Most insurance comparison websites only affiliate with A-rated companies, so if you choose to purchase your insurance through them you know you'll be dealing with a solid, reliable company. This would be events like vandalism, flood, fire, hail or other "acts of God.
How to Lower Your Premium
Increase your deductible - Increasing the deductible (what you pay toward insurance claims before your insurer will pay) can save you up to half on your insurance bill." Comprehensive protection also carries a deductible before the coverage starts. This will also prevent you from making too many small claims which could cause your insurer to cancel your policy. Adding comprehensive coverage to your policy will increase your premium.
Request discounts - Auto insurance companies offer all kinds of discounts and taking advantage of them can save you a lot of money. So is it worth it?
Unless you have a lender with a lien on your vehicle that requires comprehensive coverage, it's really a personal decision. Some of these discounts include:
* Multiple policy discounts for having both your homeowners policy and your auto insurance policy with the same company. If you have a newer car and you don't think you could come up with the cash yourself to fix non-collision caused damage you may want to consider comprehensive coverage.
* Safety discounts for having airbags, anti-lock brakes, or other safety features installed on your car. That way you can keep your car's value and appearance up.
* Security discounts for having an auto alarm or an anti-theft device installed on your car. If you have an older car that's depreciated quite a bit, comprehensive coverage is probably not worth the extra costs on your car insurance.
* Senior discounts if you are over the age of 50.
If you want to save money on your car insurance, and feel like you're pretty disciplined, you may want to forego comprehensive coverage and put the extra you would pay on premiums and deductibles into a savings account.
* Safe driver discounts if you have an accident-free driving record for three or more years.
Whether you get comprehensive or just collision, make sure that you shop around for the best rates.
* Low mileage discounts for driving less than the average driver. Get at least three comparison quotes using the same deductibles and limits.
* Professional discounts if you're in the military, law enforcement, or other designated professions. Also, if you have comprehensive coverage that you got when a car was newer a few years ago, evaluate whether it's still necessary before getting comparison quotes.
Related Blog: jee qccw4.blogspot.com
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posted by Unknown @ 10:30 PM  |
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