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Money Saving Tips for Auto Insurance

Fri, Nov 21, 2008

Auto Insurance Tips

1.Increase Your Deductible
* The deductible is the amount of the claim that you are willing to pay.
* If your claim is $2000 and your deductible is $500, you will pay $500 and your insurance company will pay $1500.
* Increasing the deductible from $500 -> $1000 can reduce your premium by 5%-10%.


2.Insure your Home and Automobile with the Same Company
* Buying your home and auto insurance policies with the same company will give you a discount on BOTH policies. Sometimes up to 10%.

3.Insure all Vehicles under the Same Policy
* If you have multiple vehicles, placing them under the same policy can save you up to 10%.

4.Buy a Car that Costs Less to Insure
* Be sure to get insurance quotes on the vehicle that you are planning on purchasing.

5.Shop the Insurance Market
* Coverage may be pretty standard in your province, but premium differences can be vast. Make sure to shop around by getting quotes from multiple companies.

6.Follow the Speed Limit
* Not only can speeding tickets be costly, they can jack up your auto insurance premiums also! (Perhaps I speak from experience?)

3 Comments For This Post

  1. ahmat the Vodka and Coke lover Says:

    I came across your post via the Google blogserach page, Good post, I like your writing style! :-) I’ve added http://auto4canada.com/ to my feed reader, and will be reading your posts from now on.

  2. Franky Says:

    aving Tips for Auto Insurance | Auto Insurance Canada was interesting. You seem very knowledgeable in ca auto insurance.

  3. www.apaju-tuerkei.de Says:

    I found your topic “Money Saving Tips for Auto Insurance | Auto Insurance Canada” when i was searching for cheap car insur and it is really intresting for me. If its OK for you i would like to translate your topic and post it on my german blog about cheap car insur. I link back to your topic of course!

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