Most people don't like paying for car insurance. In fact, most people try to avoid it as much as possible. There are plenty of other things you could be spending your money on, like new CDs or trips to the Grand Canyon. However, everybody knows that on some level, everybody needs car insurance. If there were no such thing as car insurance, it would be pretty dangerous out there.
Naturally, we don't live in a land of anarchy where everybody drives around without insurance. The law requires it, and most people have it. One thing that's interesting is that many people don't really do a lot of shopping around when buying car insurance. They just take whatever they get, and hope they are getting a good deal. If you know some inside dope, you can get some cheap car insurance.
One thing they use to determine insurance prices is where you live. Some areas are just a higher risk than other areas. But the interesting thing is that different companies will use different methods to calculate this risk, so the same area could have different rates based on what insurance company you choose.
Shopping around from different companies, based only on where you live can save you several hundred dollars a year. Just be persistent, and keep shopping. There's no law saying you can't switch insurance companies if you find a cheaper rate with somebody else.
Making sure you don't have too much insurance is also a good idea. You'd be surprised how many people are driving around with too much insurance. The reason for this is simple. The more you pay for your premiums every month, the more the insurance agent makes. Their salary is directly proportional to your premiums.
How do you do this? Make sure the upper limits aren't too high. For example, if you are car is only worth five thousand dollars, it makes no sense to insure it up for twenty thousand. Of course, you should make sure you have enough coverage in case you wreck somebody else's Mercedes, but don't have over coverage on your own car.
When you consistently apply these tips, you'll find that you easily save a lot of money. And you can use the money you save to buy whatever you want.
Naturally, we don't live in a land of anarchy where everybody drives around without insurance. The law requires it, and most people have it. One thing that's interesting is that many people don't really do a lot of shopping around when buying car insurance. They just take whatever they get, and hope they are getting a good deal. If you know some inside dope, you can get some cheap car insurance.
One thing they use to determine insurance prices is where you live. Some areas are just a higher risk than other areas. But the interesting thing is that different companies will use different methods to calculate this risk, so the same area could have different rates based on what insurance company you choose.
Shopping around from different companies, based only on where you live can save you several hundred dollars a year. Just be persistent, and keep shopping. There's no law saying you can't switch insurance companies if you find a cheaper rate with somebody else.
Making sure you don't have too much insurance is also a good idea. You'd be surprised how many people are driving around with too much insurance. The reason for this is simple. The more you pay for your premiums every month, the more the insurance agent makes. Their salary is directly proportional to your premiums.
How do you do this? Make sure the upper limits aren't too high. For example, if you are car is only worth five thousand dollars, it makes no sense to insure it up for twenty thousand. Of course, you should make sure you have enough coverage in case you wreck somebody else's Mercedes, but don't have over coverage on your own car.
When you consistently apply these tips, you'll find that you easily save a lot of money. And you can use the money you save to buy whatever you want.
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