Sealing the Deal on Affordable Car Insurance April 25, 2007
Posted by admin in : Tips On Car Insurance Selection , 1 comment so farAuthor: Krista Farmer
Article:
Auto Insurance Tips - Sealing the Deal on Affordable Car
Insurance
Okay. I admit it. I’ll stand in line for the latest Harry Potter
book. You can probably convince me that I “need” the latest Dior
volumizing mascara and yes,I have eaten turtle cheesecake for
supper before. I have several guilty pleasures. Buying auto
insurance is not one of them, but it’s a necessity. Read on to
learn why, in addition to being a legal stipulation, auto
insurance is important to you and your assets.
First things first - While penalties vary state to state, you
can guarantee that driving without coverage will take some clank
out of your bank. Uninsured drivers can face a myriad of
punishments for merely being stopped and not being able to prove
coverage. This fact alone should be enough to convince you to
start researching reasonable insurance coverages for your
vehicle.
Not persuasive enough? Consider your possible liability in the
event of an accident…
Your vehicle collides with Mrs. Baker’s vehicle. Mrs. Baker is a
fourth grade teacher at the local elementary school and is now
facing $80,000 in medical bills, $65,000 in lost wages and is
requesting $200,000 for pain and suffering. That’s a $345,000
claim that, unless you have adequate coverage for, you will be
pulling out of your pocket. Certainly in this case, as the too
familiar adage wisely states, it’s better to be safe than sorry.
So, you know you need auto insurance. While it’s not sinfully
delicious or nearly as enjoyable as turtle cheesecake, lack of
adequate coverage will definitely leave you with a bellyache in
the event of an automobile accident. It is possible to find
insurance you can afford.
Remember! Your car insurance rate is based on your insurance
risk assessment. If an insurance company determines you are a
high-risk driver, your monthly cost will be higher than that of
the average driver. You CAN remedy this! Let’s take a look at a
few things you can do to reduce your auto insurance risk which,
in turn, could lessen your auto insurance cost…
1) Purchase home/renter’s insurance from the same carrier as
your auto insurance. Some insurance companies offer multi-policy
discounts. 2) Always obey traffic laws, specifically the speed
limit. Insurance companies take note of your driving record.
More speeding tickets = higher risk driver = increased auto
insurance cost. 3) Study hard. Insurance companies often reward
students with good grades with a student discount.
4) Purchase a vehicle that receives notability for low
damageability and increased passenger safety. 5) When given the
option, purchase additional safety features for your vehicle.
(Air bags, antilock brakes, etc.) 6) Take a driver safety
course. A defensive driving class could possibly reduce your
insurance rate. If not, it would at least make you more aware of
the importance of being a defensive driver.
Other things to keep in mind…
1) To the insurance company, plain and simple, you are a set of
risks. Anything you can do to decrease your “risk factor” might
affect your cost of coverage. 2) Always ask for discounts. Many
insurance companies offer deals for safe drivers. If you’re
considered less of a risk, they’ll likely reward you. 3) Always
comparison shop. You can always find a bargain if you know where
to look. Insurance is such a commodity. Comparison sites like
HometownQuotes (
shop for affordable insurance.
You can always eat too much cheesecake. You may get tired of
Harry, Hermione and Ron. And that tube of Dior mascara will
eventually get clumpy. Your auto insurance, however, is one
purchase that you should never regret or feel guilty about. It
will only cushion you in the end. Are you covered?
*Please note that this article is not a professional
consultation. This article is for general information only.
Always seek specific information from a licensed insurance
professional.*
HometownQuotes, a Franklin, Tennessee company, provides a quick
and easy way for consumers to compare multiple insurance quotes.
To learn more, visit http://www.hometownquotes.com.
About the author:
Krista is the Director of Public Relations for
HometownQuotes.com. She received her Bachelor of Science from
Belmont University in Nashville, TN. She is a member of PRSA and
PRSA Young Professionals.
