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!

Jim's Car Wreck! Important Auto Insurance Tips for Jill

Online Auto Insurance Quotes

Online Auto Insurance Quotes

Getting auto insurance coverage is not as easy as buying cigarettes from grocery stores. You should mull over the factors that have to be considered in getting an insurance policy. For instance, the type of coverage that you need, the minimum required by the state, the credibility of an insurance firm, and most importantly the price. In fact, if you will try to compute the accumulated amount over a decade, the money that you could probably spend on auto insurance would be huge. That is why you should not make rash decisions when closing a deal from car insurance online quotes.
Although it is a reality that auto insurance could be expensive, there are a lot of ways to find insurance policies that are affordable. Depending on the type of coverage you choose, the price could go as low as $33.20 per month. All you have to do is shop around and never get jumpy on the first affordable insurance quote you’ve found. Remember that there are a lot of auto insurance firms that offer low rates with good coverage.
The best way to shop around is through online. There is a law that requires insurance firms to create a website where consumers could request for auto insurance quotes. And if you know how to find those websites, you can gather as much auto insurance quotes online, and compare them based on their rates and the coverage they offer. Once you have sorted out which of them meets your preference, you can then call their sales representatives, free of toll.
If you still think that the auto insurance rates they offer are too high, checking your driving records could be worth it. Note that auto insurance companies look over their applicants driving records as one of their basis in determining the rates. If you have a driving record that contains numerous counts of traffic violations and accidents, it is possible that they have clustered you to the high-risk group that has more likely high insurance rates.
Another thing that you should be aware of is the presence of bogus insurance websites online. For sure, these websites cannot give you reliable quotes especially if you are solely searching for car insurance online. One way to spot one of these is to check if they have agents that are willing to address your concerns via phone or chat. That is why in searching for car insurance online you don’t just have to be wise, you should also be observant and cautious.

Tips on Finding the Right Auto Insurance Company

Finding the right auto insurance company that could support and address your insurance needs is a bit difficult nowadays. Note that there are a lot of auto insurance companies that speaks almost the same but in reality their services meagerly satisfy their clients. Although most of these companies have their auto insurance agents available but it’s not all the time that they are available online. And if they are, some just couldn’t clarify the doubts you have in mind. Because of that, you need to become meticulous in picking the right insurance company for your car and other properties.

All of auto insurance companies have their own website(s). It is required by the government that they should have one so that they could give the consumers the lowest estimate of their possible rates, based on a price range a consumer sets. That is one way for customers to find cheaper auto insurance rates. However, if you will try to compare their websites, almost all of them speak of nothing but flowery words to promote their services. As you can notice, all of them, including car insurance agents, have similar lines of speech that are sometimes too good to be true. But who are we to judge? Well, we are the consumers and we are entitled and even encouraged to speak had we experienced dissatisfaction with insurance companies.
Because of that, the best way then to gain clear-cut information about auto insurance companies is through venues that consumers can freely express themselves. Simply put, forums and customer review sites wherein the comments, claims, etc. are not moderated and bias to any insurance firms. If you are wise enough to find and visit one of these venues online, you might gain insights that could sure help you in finding the right auto insurance company that suit your needs. Although even top insurance firms have underbellies, but choosing the right auto insurance means accepting the negatives that doesn’t affect you much while pursuing the positive aspect in which you badly need. In other words, there should be some degree of compromise.
There are also websites online that are associated to a lot of insurance firms. These websites are neutral websites that only seeks to provide non-bias recommendations about which auto insurance companies can best cater what you want. Note that they are aware that insurance firms have their weaknesses and strengths, that is why they are the best websites to go to if you want reliable resource. In fact, some of them have their own auto insurance agents in which you can speak to if you need information about auto insurance.