23 Mar 2011

Car Auto Insurance - Save 40% to 50% With 7 Available Discounts

Car auto insurance

Save 40% to 50% with 7 available discounts and learn how to buy cheap car auto insurance. You can save big money on car insurance if you know how to shop and what discounts the insurance companies have made available.

Check for discounts.

Many insurance companies are now advertising that they specialize in discount auto insurance and some of them actually do. The good thing about this advertising is that in order for insurance companies to attract new customers they must bring their prices down to be competitive.

Available discounts.

1. High deductible discount. 40% Savings

Are you planning on having an accident? Of course not. Why not raise your insurance deductible and become eligible for lower rates? Insurance is meant as protection against a catastrophic event. Raising your deductible from $250 to $1000, or even $1500 per accident would save you hundreds of dollars per year on your insurance, about 40%, and you would still be protected from losing your life savings should you cause an accident.

I do not concern myself too much about the prospect of paying a high deductible as long as I am in compliance with the law on car insurance and am protected in the event of an accident.

2. Reduce coverage on older vehicles. 20% Savings.

If you are driving an older car that is paid for, why not drop the collision on your policy. In most states you are only required to carry liability insurance and paying for collision insurance on a car that has lost most of it's value is a waste of money. This will save you another 20%.

3. Shop online and compare.

Take the time to shop online for your auto insurance and get quotes on premiums from several different insurance companies. This way you will be sure to get the lowest price and the best coverage.

4. Buy your car insurance from the same company that you buy your homeowners insurance from.

If you can do this you will save yourself another 10% on your price even though not everyone has this option.

5. Good driving record discount.

This will save you 10%

6. Defensive driving course.

If you have had driver training you get a discount.

7. Safety Features.

If you have an alarm system on your car, along with airbags and seat belts you get a small discount.

Car auto insurance is something we all must have if we drive a car but there is no reason to pay exorbitant prices because almost every insurance company offers discounts.

Jim Kibler has a extensive background in sales, financial increase and business and was an top producing insurance agent. Jim believes most people are paying much more money than necessary for insurance.