Use These Tips to Save Money on Your Car Insurance
When it comes to car insurance, if you are like me and reside in NJ then you already know of the crazy high rates, choice of companies and the headaches that go along with it.
Vincent Zarate reports in August of 2007 in Insurance Advocate of a decrease by $68 of the auto insurance premiums in the auto insurance market in New Jersey. Great news for us. It isn?t much, but any savings with these prices is better nothing. Zarate also revealed that this decrease is the result of companies` initiative to cut their rates to stay competitive in the auto insurance market. In addition, this figure led the industry to increase its premium by $5 billion due to car insurance law in the year 2004.
But as all experts agree, when it comes to buying car insurance, or any insurance for that matter, do your homework. Ara Trembley of National Underwriter/Property & Casualty Risk and Benefits Management says, ?A survey of online automobile rates found that consumers might end up paying more money for a product that does not suit their needs.? Trembley then goes onto say, ?that online car insurance consumers should pay more attention to details and worry less on the quickness of the results.?
Understand your policy and make sure you are not paying for items you really don?t need. Take Bonnie Gibbs for example. Reported in a recent article in Good Housekeeping magazine, Bonnie and her family were paying nearly $8,000 in car insurance for four drivers. Imagine getting that bill, wow! She decided to call her insurance agent and went through every line of the policy. Once she understood it, she eliminated anything she didn?t need. For instance, she cancelled her roadside assistance because she was enrolled in a similar program with her cellular telephone provider.
If you are paying exorbitant rates, you may want to consider the same. Sit down with your agent and go through your policy. If they are unwilling to do that, then consider a different, more reputable company. You do not want to get stuck with a bad insurance company, in a time of need.
For those of us in New Jersey, with competition comes hope for better rates and better companies. Steven Goldman, Insurance Commissioner in New Jersey, said that the entry of more companies is a clear indication that consumers continue to benefit from increased competition and demonstrates that they continue to make progress toward their goal of a stable sustainable automobile insurance market. This type of market will everyone to benefit.
So how can you save additional money on your car insurance? There are a variety of ways and they differ from state to state so talk to your insurance rep, or the state department that regulates insurance companies. Some of the more popular ones are taking a driving course, owning an energy efficient vehicle, a car with anti-lock breaks and anti theft protection, having your home and car policy with the same company, and if you have a teen driver in the family, a lot of companies are now giving discounts to families whose teen drivers get good grades.
There are ways to save money on your policy. Like anything else, the more effort you put into, the more you will get out of it.
By: Michael C. Podlesny
About the Author: Michael C. Podlesny is a freelance writer for Indocquent.com. Indocquent.com is an online resource that allows businesses and individuals to promote their products and services in 20,000 cities in over 200 countries around the world free of charge.
|
|
 |
 |
The Lazy Way To Buy And Sell Cars For Profit!
ou can work from home buying and selling cars...from anywhere in the world...be your own boss...start with little cash...no previous experience...and make huge profits of $300.00 to $3000.00 per car...when you start a used car business from home!
TheFreeCar.com - Get Paid To Drive!
Drive A Free New Car Or Get Paid Up To $3200 Every Month To Drive Your Own Car Like You Normally Do
How to Buy a New Car From a New Car UK Dealership in Ireland
To successfully buy a new car from a new car UK dealership, you first have to find that reliable new car UK dealership yourself.
Car Buying - Buy Almost-New to Avoid New-Car Depreciation
Since new cars suffer high rates of depreciation in the first year, it is generally better to buy a relatively new car (at least one year old) that has already experienced its greatest loss in value.Almost-new used cars represent the best values for automotive consumers and offer most of the benefits of new-car ownership at lower cost.
Former Car Sales Consultant Offers Car Buying Advice
Car buying advice from a former car sales consultant is offered in a new electronic book called "The Car Buying Bible: Your Guide to Saving Thousands on Every Car Purchase." Visitors to the website, www.carbuyingbible.com may use the free car loan calculators or purchase the ebook.
Car Buying Tips - Buying a Car in United States Instead of Canada
It's a hot topic right now, the topic of buying a car in United States instead of Canada. Many Canadian's in the market for a new car see the differences in MSRP (manufacturer's suggested retail price) between a car in Canada and the same car in the United States. That difference in many cases makes the case of buying a car in the United States instead of Canada that much stronger and many are making the hop over the border or researching online to check things out.
Get A Car History Report Before Buying A Used Car
When considering buying a used vehicle you would be wise to get a car history report before parting with your hard earned cash. The report will show the car?s past history and sometimes this can be dubious. A check will reveal a lot of information which you can then use to decide if the vehicle is all that the seller says it is. In the long run this can save you a great deal of money and stress.
Get a Car Loan A Financial Tool for Buying a Car
Introduction:
Considering a Car? Car Buying Tips
As one of the "major purchases" in life, car buying is one to be carefully considered. Your first task will be to determine exactly what market you're going for.
Virtual World, Virtual Car Dealerships - Buy Online Through Car Finder Services And Save Money
Everyday, the world of the virtual marketplace gets more real. Dealers, owners, salespeople and services around the world are learning the value of putting their stores online. The automotive manufacturing, marketing and dealership sectors have a greater reliance and expertise in knowledge management than any other industry. This extends to viable E-commerce and cutting-edge online presentation of value-added products. In October of 2005, the New York Times reported that according to the National Automobile Dealers Association, 94% of the dealers in the US have websites with many of them registered through car finder services. The monthly average customers that visited any given dealer site were 230, as compared to a monthly average of 116 ...
Buying A Used Car: Why You Should Attend A Used Car Auction
Are you in the market for a used car? If you are, have you ever thought about attending a used car auction? Although used car auctions are a great way to get affordable vehicles, it is as if they are a well-kept secret. It is time that you familiarize yourself with this well-kept secret, as it a great way for you to save money.
Car Buying At Car Auctions
There are several avenues in which you can buy a car. One of the places you can purchase a vehicle is through a car auction. Even with car auctions you have a couple of different places to choose from depending on where you live. For instance if you live in a smaller town you probably have one or two places to choose from for private car auctions. If you live in a larger city not only will you have the private car auctions but you will also have the police auctions. We will discuss both types of auctions in this article as well as some of the things to be wary of.
Buying A Car - Four Tips for Car Buyers
Americans like to buy a car at the dealership in one afternoon, and the dealerships try very hard to make you think that is possible and even smart. But it's not.
Car Purchase: Save Thousands Buying Your Next Car
A car purchase can be a really tedious and challenging task. That can because of the fact that there are numerous models and types of vehicles to choose from and the price tags really vary.
Buy New Car at Your Bad Credit Situation, Way to Get Bad Credit Car Loans
So how does one expect to get loans with bad credit? The answer would be to simply apply for one at the right place. The right place would be with any lenders who may be able to finance your car against your bad credit. It may sound strange but you may find lenders competing to get bad credit loan seekers. This makes matters simple so that you may find it easy to become eligible for bad credit car loans.
Car Price.com Launches New Car Buying Website
Car Price.com has launched a new website that promises to revolutionize researching and buying a car.
|
 |
|
