Save on Car Insurance

Save on Car Insurance – What You Need to Know


In a sagging economic environment we are all looking for innovative ways to save money. In recent months, a large number of not only American households, but households all over the developed world have had to make changes in how they spend and how they live.

A major expense facing most Americans are expenses related to transportation, namely your car. If you do own a car, you will need general auto insurance. Are you paying too much? You probably are. Take the following checklist to your insurance provider to see what kind of savings could be coming your way before your next payment.


Take an online drivers education course

In most states, if you enroll in an online defensive driving course you may be eligible for a discount of 10% or more. Some states do not recognize these courses so before taking one, it is best to check with your insurance provider to see what kind of discounts they offer with a defensive driving course. For a list of driving schools in your city or state, visit Wannadrive.


Get a low risk job

Insurance companies keep more statistics than can be imagined. One of them is accidents by occupation. If your chosen profession has more accidents than the average, than your premiums will reflect this. Engineers tend to pay lower premiums because engineers get in fewer accidents than other professionals. Simply by doing some research and adjusting your job title might be enough to reduce your monthly premium.

Tell them you are Retired

If you are retired, you may be eligible for an additional discount. We have all seen the commercials. This savings applies especially to you if you have a clean driving record. If you are retired and your insurance provider does not know this than you could be missing out on substantial savings.

Join a Professional Organization or Auto Club

Select organizations and auto clubs receive discounts at all sorts of retail outlets that include hotels and restaurants. Membership in some of these organizations may also help you reduce your insurance costs. If you are a member of any organization or club, it never hurts to ask your provider if members of that organization receive a discount.

Combine Your Insurance

Some insurance companies may reduce your premium if you use their company for both home and auto insurance. If you currently have two different providers for home and auto insurance ask both of them what kind of premium reduction you are eligible for if you combine your home and car insurance into one.

Auto Safety Features

If you have any additional safety features on your automobile your insurance rates could also go down. Look for vehicles that have air bags for both the driver and the passenger, traction control, good head restraints, anti-lock braking and all wheel drive are all features that improve the safety performance of your vehicle. Bring a list of the safety features that your vehicle has to your insurance provider and ask specifically how additional safety features lower your premiums.

Assume more Risk

By raising your deductible from say $400 to $800, you will likely have to pay more out of pocket in the case of an accident but you do save significantly on your monthly premium. If you are a prudent driver, the savings that you incur by paying a lower premium will pay for itself over the course of the year. The amount of coverage that you have will not change by increasing your deductible.

Be a good citizen

Simply by having a good credit score, or by performing well in school can reduce your premiums. Insurance companies have found a correlation between credit score, academic performance and your likelihood of getting into an accident. If you do have a good credit score and you perform well academically, you could be eligible for a discount.

Pay in fewer installments

Insurance companies will charge you a fee to make a payment in installments. The more installments, the more fees you will pay. If you are fiscally responsible enough, ask your insurance provider about different payment options, such as paying once a year, every six months, or a quarterly payment. Be careful using this strategy because it is possible to lose your insurance by missing just one payment.

Demand better service

Believe it or not, there is still some moral fabric in the business world. If you have been with the same insurance company for years, ask them for a discount as a loyal customer. If they refuse, shop around. Another provider may offer better rates, or provide you with better information regarding your insurance needs.

Hopefully, this article has made you a little wiser when it comes to purchasing general auto insurance. Use this information and turn it into dollars and cents.


Car Insurance

Car insurance is a type of insurance that protects vehicle owners against financial loss in the event of an accident or theft. Car insurance policies can vary widely depending on the coverage options selected, the type of vehicle insured, and the driver’s record. In this article, we will discuss the different types of car insurance coverage, the factors that affect car insurance premiums, and some tips for choosing the right car insurance policy.

Types of Car Insurance Coverage

There are several types of car insurance coverage, and each one provides different levels of protection.

  1. Liability Insurance: This is the most basic type of car insurance coverage, and it is required by law in most states. Liability insurance covers the cost of damages to other people’s property or injuries they may sustain in an accident where you are at fault.
  2. Collision Insurance: This type of coverage pays for damage to your car if you are in an accident, regardless of who is at fault.
  3. Comprehensive Insurance: Comprehensive coverage pays for damage to your car caused by events like theft, vandalism, or natural disasters. It also covers damage caused by hitting an animal on the road.
  4. Personal Injury Protection (PIP): PIP coverage pays for medical expenses and lost wages for you and your passengers in the event of an accident, regardless of who is at fault.
  5. Uninsured/Underinsured Motorist Coverage: This type of coverage provides protection in the event that you are in an accident with a driver who is either uninsured or underinsured.

Factors That Affect Car Insurance Premiums

The cost of car insurance premiums can vary widely depending on several factors. These include:

  1. Age and Gender: Younger drivers and male drivers are statistically more likely to be involved in accidents, so they typically pay higher premiums.
  2. Driving Record: Drivers with a history of accidents or traffic violations are considered higher risk and may have to pay higher premiums.
  3. Type of Vehicle: Sports cars and luxury vehicles typically have higher premiums than economy cars.
  4. Location: The area in which you live can also affect your premiums. Drivers in urban areas may pay more due to the increased risk of accidents and theft.
  5. Credit Score: Insurance companies may consider your credit score when determining your premiums, as studies have shown that people with lower credit scores are more likely to file insurance claims.

Tips for Choosing the Right Car Insurance Policy

When shopping for car insurance, it’s important to compare different policies and providers to find the one that best fits your needs and budget. Here are some tips for choosing the right car insurance policy:

  1. Compare Quotes: Get quotes from multiple insurance providers to compare prices and coverage options.
  2. Consider Your Needs: Think about the level of coverage you need and what types of risks you want to protect against.
  3. Look for Discounts: Many insurance companies offer discounts for things like safe driving, multiple policies, and anti-theft devices.
  4. Read the Fine Print: Make sure you understand what is covered under the policy and what exclusions may apply.
  5. Consider the Provider’s Reputation: Look for reviews and ratings of the insurance provider to ensure they have a good reputation for customer service and claims handling.

In conclusion, car insurance is an important protection for vehicle owners, providing financial security in the event of an accident or theft. By understanding the different types of coverage, the factors that affect premiums, and some tips for choosing the right policy, drivers can find the right level of protection for their needs and budget.



Insurance is a way to protect against financial loss. It involves paying a premium to an insurance company in exchange for the promise of payment or reimbursement for certain losses or damages. Insurance can help individuals, businesses, and organizations manage risks and protect against unexpected events.

There are many different types of insurance available, including:

  1. Health Insurance: This type of insurance helps cover the cost of medical expenses, such as doctor visits, hospital stays, and prescription drugs.
  2. Life Insurance: Life insurance provides a lump-sum payment to the insured’s beneficiaries in the event of their death. It can help provide financial security for loved ones and cover expenses such as funeral costs and outstanding debts.
  3. Auto Insurance: Auto insurance provides coverage for damage or injury caused by a car accident. It can also provide coverage for theft, vandalism, and other incidents.
  4. Homeowners Insurance: This type of insurance helps protect homeowners against damage or loss to their property, as well as liability for injuries or damage caused to others on their property.
  5. Renters Insurance: Renters insurance provides coverage for personal property and liability for renters.
  6. Business Insurance: Business insurance provides coverage for various types of risks that businesses may face, such as liability, property damage, and employee injuries.

Insurance policies can vary widely in terms of coverage, exclusions, and premiums. It’s important to carefully review any insurance policy before purchasing it and to understand what is covered and what is not.

Insurance companies use various methods to assess risk and determine premiums, including actuarial science, statistical analysis, and underwriting. Factors such as age, health status, driving history, and location can all impact insurance premiums.

In conclusion, insurance is a way to protect against financial loss and manage risks. There are many different types of insurance available, including health insurance, life insurance, auto insurance, homeowners insurance, renters insurance, and business insurance.

It’s important to carefully review any insurance policy before purchasing it and to understand what is covered and what is not. Insurance companies use various methods to assess risk and determine premiums, and factors such as age, health status, driving history, and location can all impact insurance premiums.


Author: Mohammed A Bazzoun

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