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A Few Quick Tips to Get Cheap Auto Insurance Premiums

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Many people think that it is not easy to find cheap car insurance policies and they may settle with an expensive coverage after getting couple of quotes. It may take an hour or two of your time but you will be able to find affordable policies unless you have a terrible driving record, DUI or you are a teenager or insuring a teen driver as listed driver. Here are a few tips to help you find the best deal.

  1. Make Sure You Get All the Discounts You are Qualified

Vehicle insurance companies offer quite a few discounts for various reasons. You may think that your driving records and claim history is the only thing they are taking into account. However, they will have a close look at everything to do with you, your address, the car insured and even your marital status. For example, married people and homeowners can get better deals than single people and renters. Make sure to fill the quote form carefully and completely so that you don’t miss on discounts.

  1. Improve Your Credit History

One of the factors that affect your premiums is your credit score. Each company has different level of discounts. If you have an excellent credit score you should look for companies that offer you the highest discounts for good credit. In the opposite case, you should try to find companies that are not much interested in your financial position. The difference between the highest and  lowest quote can be as much as twenty percent just because of the way each company look at credit score.

  1. See If You Can Qualify for Profession Related Discounts

Some companies offer extra discounts for certain professions, members of associations and military personnel. You can even get discounts for being a graduate of certain universities. You can quickly check if there are such discounts available to you. You can also get discounts for being a member of one of the roadside recovery services.

  1. Shop Online for Lower Rates

A few automobile insurers offer lower rates for motorists who buy their policies online. This discount could be between 5 and 10%. Getting a few quotes on the internet and comparing them can save you money as well. Each company comes up with a different quote. When you ask them to quote on the same coverage bases it will not be too hard to compare them and see who is the cheapest.

  1. See If Increasing Deductibles Will Result In Lower Premium

You should look at increasing deductibles before you even start dropping some coverage in order to get cheap automobile insurance. The savings you get should be sufficient enough to agree paying more out of pocket in case there is a claim. Also, you should make sure you can cover the deductibles should you have to make a claim.

  1. Try to Pay the Premium in Full

Most companies charge for spreading the premium payment. Therefore, you should try to avoid those additional costs by paying the premium at the start. And some companies may offer around 5% discount for full payment. Remember to ask for it as well.

  1. Bundle Your Policies

When you find a competitive insurer it may be a good idea to get a quote from them for your other insurance policies as well. In addition, a few companies offer discounts when you bundle your policies with them..

Company Car

Shopping for auto insurance

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Shopping for auto insurance is usually an annoying endeavor that can leave you wondering if you have paid too much. This infographic serves as a great resource for the first time buyer or even a repeat buyer of auto insurance. Many of us would not know off the top of our head how we ought to be paying versus what we actually are paying. The ten vehicles included in this infographic are among the ten most popular as well as cheaper vehicles to insure. If you happen to drive one of the vehicles listed and you are paying significantly more, it may be time to switch companies. Look no further and visit compare.com and Compare Auto Insurance now! If your vehicle is not included in the infographic still feel free to visit compare.com anyways and give it a go to see if you are indeed getting a good deal on your auto premium..

Company Car

A Guide to Company Car Insurance

Nobody likes paying out on insurance policies, but they’re necessary evils. It might seem like you’re already up to your eyeballs in insurance policies. But one that a lot of people forget is company car insurance. They often forget because they think their personal car insurance covers them, but it doesn’t, even if you’re using the same car.

You might need a little help to cut through all the confusion and competing offers to fully understand what you need from a company car insurance policy though. You’re in luck, here’s a simple guide to getting the right policy for you.

Why Do You Need Business Car Insurance?

As I mentioned above, your personal insurance policy won’t cover you if you’re using your car as a part of your business. This means if you do have an accident when using the car for business, your insurer won’t pay out. You’ll be left with big bills for the repair of the car and all because you didn’t get a simple company policy.

Anything you do in your car related to the business will need to be covered by a company policy. Your personal policy will only cover commuting to and from work, not the actual work itself. The premiums will be bigger but don’t be tempted to play the system because you won’t win.

Choosing the Right Type of Cover

There are lots of options open to you when it comes to company car insurance. You should be able to find something that’s right for you, no matter what your needs are. You can get a policy which covers you for both your personal usage and your business needs.

Or if need to insure a lot of cars you can find a specialist company like Insure Fleet, who offer fleet insurance. Getting your cars covered in bulk will usually save a lot of money compared to getting each car insured individually. These kinds of common sense ideas can be discussed with a broker or insurance dealer to find the right policy for you.

Getting the Best Deal

The more information you can give to your insurance, the better your policy will be. That means you’ll have the cover you need and potentially save some money too. Your insurer will want to know how much you use the car. So, if you don’t use it much in a business capacity, make sure they know because it’ll cut your costs dramatically.

As always with insurance, it’s vital to shop around. You won’t just stumble across the best deal out there, you’ll need to seek it out. An independent broker might be able to help you.

Consider the Type of Car

The type of cars your company uses will also impact on the cost of your insurance premiums. Some will make them more expensive, and some will make them cheaper. So, make sure you’re going for the cheapest option available to you.

Running hybrids or electric cars will cut your costs dramatically, you’ll also save money on fuel expenses. You could save money and do your bit for the planet! What’s not to like about that?

Company Car Insurance

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