How to Save on Car Insurance

This article is mainly about the situation in the United States. If you're looking for the cheapest car insurance in the UK you could check this page. When it comes to purchasing auto insurance, grabbing as many discounts as possible is the most effective way to reduce your monthly premiums. Most of the major carriers offer similar discounts if you qualify but if you don’t ask, chances are they will not be offered. So, how to save on car insurance? Here we have some good tips from an experienced insurance broker:

Defensive Driver Course

The major carriers all offer a Defensive Driver Course discount for qualified drivers. This discount can mean significant savings over a two or three year period for an investment of about $30 for most courses. Make certain you ask for a list of “approved” courses before you spend your money going to a class or taking the course online. Companies such as Allstate have a specific list of approved courses and will not allow the discount if your course didn’t make the approved list.

Multi-Policy Discount

This is a big one. Whenever possible, always put your auto and homeowner’s or auto and renter’s policies with the same company. The discounts provided are significant and can save you up to 25% on your premium on both policies. In many cases, the savings on the auto policy will actually pay the premium on the renter’s policy so always ask for rates on both. Insurance companies have found that a multi-policy customer will stay longer and therefore reduce their cost of customer acquisition. Since changing insurance companies can be a hassle, customers with multi-policy accounts are more likely to stay around for several renewals.

Pay In Full

The PIF discount is also significant and can represent a 10 to 20% savings on your policy. All insurance companies love customers who pay in full and are willing to discount deeply for getting your premium in advance. Included in this category is “automatic bank draft” where the company deducts your monthly premium from your checking account electronically. This saves you time and the insurance company money.

Safe Driver Discount

Probably the easiest discount available is the Safe Driver Discount. Typically, this discount is awarded to those drivers who do not get tickets or have at-fault accidents. It is not very difficult to follow the rules yet remarkably; many drivers choose to ignore them.

Saving money on car insurance takes a little effort. Spend some time shopping online with as many companies as possible and make certain you are getting every discount you qualify for. Reducing limits and increasing deductibles is the last thing a driver should do to save money however; when all else fails talk to an agent about limit and deductible selections. Don't forget though, the best way to save on car insurance is to go for a free car insurance by simply getting rid of your car.

Further reading

Car sharing

No money to buy a car? Be glad, because without a car you have fewer problems. You could try car sharing instead. Car sharing is a global trend and it can be a pretty good option besides public transport or even hitchhiking. Car sharing is a relatively good solution for saving money. Sharing a car without money is only possible if you're driving a sponsored car or if you have a friend who lets you use their car.

Free credit report

Free credit reports have never been easier to get. You can still go the traditional route and pay for them, and then wait to get them in the mail. Or now you can get them online instantly and best of all for free. Now you can get access your credit history anytime you want and anywhere you want.

How to save money on groceries

There are two things sure in life, death and taxes. And actually, there is a third thing we can be sure of: inflation. Over time prices of almost all products are rising. This is especially obvious with groceries. World food prices have been rising more steadily in recent years. And you might feel that in your wallet. Saving money on groceries is a good way to get around it. How to save money on groceries?

Home exchange

Taking part in home exchange programs can be a great way to travel and spend less money all the while enjoying the comforts of a well equipped house or apartment. The concept is also called "house swapping" at times. It's an alternative to hotels, websites like AirBnB or hospitality exchange. It's often considered one of the first systems of collaborative consumption. It's great way to save on accommodation costs and it can also be a good way to have someone take care of your cats and plants while you're away.

Cheap Personal Loans without income proof

Cheap loans, cheap equity loans, cheap home equity loans, cheap mortgage loans and cheap student loans without a cosigner are available online as well as through various financial institutions in every main street in the USA, UK and Australia. Similar offers for fast cheap loans can also be found via online vendors, including cheap payday loans online and cheap refinance loans online. Remember that what seems cheap at a first glance could become too expensive for you to carry in the future.