Tips For Inexpensive Car And Auto Insurance

Looking for good, affordable car and auto insurance can be a major hassle. A monthly or yearly car insurance bill (depending on how you pay) is an expenditure that many people wish to forego; that is, until they suffer an auto collision or some type of damage to their vehicle. Fortunately, there are several ways for getting inexpensive car and auto insurance.

Age Discounts

In the game of car and auto insurance, age matters. Certain premiums are reserved for what many auto insurance companies describe as "high risk" drivers. However, upon reaching the age of 25, many drivers will see a noticeable deduction in their insurance costs. The age group with the lowest auto insurance premiums is typically between the ages of 25 and 55. These drivers are considered to be safer drivers and less of a risk for auto insurance companies than teenage and elderly drivers.

Increase in Deductible

Another method of lowering your car and auto insurance bill is to increase your deductible. The deductible is the amount that you would be required to pay in the event that your insurance company is required to pay money out of your insurance claim. Many auto insurance agents will allow you to lower your monthly premiums if you opt to pay higher deductibles, in an effort to draw your business. This a great way to obtain inexpensive car and auto insurance, especially if you have a clean driving record and have never been in an accident. Just remember, if you are ever at fault for an auto collision and your insurance company must pay for your repairs, make sure you have enough money to cover your deductible.

Bundled Insurance

If you have multiple forms of insurance like boat insurance, home owner's insurance and life insurance, you would benefit by bundling all of these forms of insurance along with your car and auto insurance with just one company. Many insurance companies that offer various forms of insurance offer bundled rates, with discounts for consolidated insurance plans. You would also only have to deal with one insurance company and agent in the event of an insurance claim.

Cheaper Insurance for Good Grades

Many car and auto insurance companies offer special discounts for young drivers who are in school and obtain good grades on a regular basis. The requirements for this discount vary depending on the auto insurance company. Typically, a 3.00 grade point average is required to be eligible for this discount. This is a great incentive for teenage drivers to do well in school, and to help parents offset higher premiums for including a driver who is under the age of 25 in their car and auto insurance policy.

Maintain a Clean Driving Record

It is common knowledge that the more traffic infractions and recorded accidents you have on your record, the harder it will be to find inexpensive car and auto insurance. Insurance rates for drivers with clean records can be incredibly low, but in the event of your first accident, you can expect to see your premium increase considerably. For most infractions and accidents, it takes roughly three years for them to be removed from your driving record.

Avoid Getting a DUI or DWI

Getting caught for a DUI or DWI (driving under the influence or driving while intoxicated) is the quickest way to throw inexpensive car and auto insurance out the window. Drivers who are arrested for a DUI or DWI will have their driver's license suspended immediately. To obtain a new driver's license, they will have to report to the Department of Motor Vehicles with a form known as an SR-22. An SR-22 is a form that proves the driver has the minimum liability auto insurance required by that state. Many car and auto insurance companies do not offer SR-22 forms, and the driver would have to seek insurance from a specialized carrier who will charge extremely high premiums. In other words, never drink and drive.

Drive Less

Every year, your auto insurance provider will ask for an estimate of how many miles you drove your vehicle. For those with lengthy commutes, the cost of car and auto insurance can increase dramatically. Carpooling, public transit and other means of transportation is always a smart and savvy way to obtain inexpensive car and auto insurance. Plus, you would be saving on the costs of car maintenance and gasoline.

More Tips for Inexpensive Car and Auto Insurance

• Make sure you have some form of alarm system on your vehicle.
• Increasing your medical deductible can also reduce your monthly premiums.
• Some companies offer discounts if you pay for your car or auto insurance for the entire year. (Some restrictions apply)
• Insurance companies can lower your premium if your car is always parked in a garage as opposed to the street.
• The model, color and engine type of your automobile can affect your monthly insurance premiums.
• Car modifications like expensive wheels, exhaust systems and suspension changes can affect your insurance premiums.