How Much Should You Really Be Paying For Auto Insurance



It's a fact that most states have different rules regarding car insurance. But most people don't take the time to look at their policy and coverage limits. While we can cover a number of discounts that are available, there are also things that you should review with your policy.
Here are a few ideas to try:

Discounts Based on Your Car and Driving Habits

Many car insurance companies provide discounts for newer cars that have safety features such as side and side curtain airbags, as well as security systems, as Forbes notes. Be sure to have your car's safety and security features available to your prospective insurer for maximum discounts. Color may not be a significant factor, but different vehicle designs make a difference. For example, a Smart car has a worse crash safety rating than an SUV, for example.
One other factor to consider is how you actually drive. If you don't put many miles on your car, thanks to a short commute or it being the second car, you can use that to your advantage. There are special low mileage policies that provide significant cost savings for car insurance. A number of companies also allow you to put tracking devices on your car to monitor whether you drive slowly and reasonably.

The Hidden Discounts: Deductible and Other Limits

Look at your finances for a second, how much you make per month and how much you pay for your car insurance. If you have really low deductibles on your policy, say $200, you may be spending a large amount on coverage that you don't really need. For example, if you can handle $500 for a higher deductible on an accident, you may be able to save hundreds of dollars per year.
You need to weigh whether you can afford these out-of-pocket costs, and just how safe a driver you are. If you rarely get into trouble, a high-deductible policy could work for you, especially if you have some cash reserves.
The other factors that can influence these are protections for personal injury claims, as well as thing s like rental car coverage. If you like the security of knowing you'll have a rental car while yours is in the shop, that may be a good thing. In general, most of these things are rarely needed and could be costing you money, too.

Most Expensive Cars To Insure


Posted June 27, 2011
Stacy Smith, Researcher
Most Expensive Cars to Insure While there are a number of factors that take part in the price of your auto insurance such as your location, age, credit score, gender and your driving record, one of the most crucial factors that affect your auto insurance premiums is the type of vehicle that you drive. One reason for this is because some cars cost more expensive when it comes to repairs and maintenance. Another reason is because some cars are targeted more often by car thieves.
While the obvious cars that are most expensive vehicle makes to insure are Porsche, BMW, Jaguar, Ferrari, Mercedes, Aston Martin among other expensive cars coming in at over or around $3,000 yearly, we are going to focus more on vehicles that are for the average, modern-day family and individuals – in other words, not millionaires.

Honda S2000

With a price tag of around $35,000, this car is not for an average family as it is a roadster with just two seats and a four-cylinder engine. It may be a small car but it has the speed to take you anywhere you want to go with 237 horsepower and 162 pounds of torque. However, it’s going to cost you in insurance premiums at about $1,500 on average.

Ford F-150 FX4

Known as one of the best selling vehicles across the country with some of the best pulling torque, the Ford truck also costs about $1,500 on an annual basis to insure and costs up to $50,000 to purchase.

Dodge Ram 1500

Among one of the popular pickup trucks to purchase, the Dodge Ram 1500 doesn’t hold back when it comes to proving its point on the road and it sure doesn’t when it comes to auto insurance. Premiums run a little less than $1,500 yearly.

Scion TC

A very popular car among youngsters, this vehicle makes the list of most expensive cars to insure because of that. The driver, usually under 25 years of age, is what makes this vehicle so expensive in auto insurance premiums. The Scion TC will also cost you around $1,500 per year for insurance.

Nissan Altima

A very popular four-door classy car by Nissan, the Altima is a gorgeous car. This vehicle is among the top selling vehicles in the country but also costs just shy of $1,400 on average for auto insurance premiums on a yearly basis.
As you can see, the most expensive vehicles to insure are very diverse – that is, when you take out the BMW, Mercedes, etc. We have a mini sports car, trucks, as well as classy four-door sedans. Regardless of your choice, these vehicles are going to cost at least around $1,400 on average to insure on a yearly basis. Shop smart and choose wisely.

Does My Address Affect My Auto Insurance Rate



Auto insurance rates in California are determined by many factors. One factor that people will experience is that when they move to another city, their rates change.
A customer changes their address on their auto policy and are shocked to see that their rates either go up or down.
Don’t be surprised… but one factor for determining your rates is your city (or zip code).
Why? Because rates are determined based on claims, driving habits, losses, and other factors in your city. If you drive in a city known for many claims and high population density, expect your rates to be higher.
So next time you call your agent to tell them you’ve moved, dont’ be surprised and keep your fingers crossed!

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