Paying your car insurance premium month after month causes most people to think about various ways to lower their auto insurance rates. Year after year your rates continue to increase even though you had a clean driving record during that period. Many auto insurance companies will increase your online car insurance rates just to make more profits.
However, various aspects regarding your own driving record will be used to calculate your car insurance rates. While you may be familiar with what these aspects are and how they are used to determine your online car insurance rates, it is important to investigate this information in order to access your situation.
Moving Violations and Auto Insurance Rates
In general, having just one minor ticket on your record is not going to affect your auto insurance rates quite that much. If you were speeding only a few miles over the limit or missed a stop sign, you may have a small increase in your rates by only a few percentage points. It's when you have more than one ticket and they are considered major that you'll really feel the pinch.
As an example, if you receive a moving violation for speeding, normally the insurance company will find out how fast over the limit you were going; less than 10 miles, 11 to 15 miles, or 16 and over. Generally, if you are speeding at more than 16 miles per hour over the limit your car insurance rates will be higher than someone who was caught speeding at only 5 miles per hour over the limit. Also, if over a three year timeframe you only get cited for one such violation it will have less impact on your rates than if you received multiple violations.
Major traffic tickets will negatively impact your car insurance rates across the board. Usually rate increases between 10% and 25% are common for DWI or DUI offenses. Consider the increase in your auto insurance rates for being cited not only for a couple of major moving violations but having a DUI in addition.
How Much You Drive
Additional factors that affect your car insurance rates are the amount of time you spend behind the wheel as well as the reasons for driving. The amount of time behind the wheel increases the likelihood that you will be in an accident. Traveling a long distance to get to and from work will cause you to pay a higher premium than the person who works from home or drives a short distance to work. You may not be able to change the location of your job, but you can consider using your car less by carpooling or even choosing an alternate form of transportation to get to work.
Also consider that the business use of your automobile will impact your auto insurance rates. This will increase the insurance companies risk to insure you thus increasing the risk of them paying a claim at some point in time. Every indication is that auto insurance rates will continue to climb into the future, it is important to consider all options available that will assist you in reducing your online car insurance rates as much as possible.
There are plenty of ways you can lower your auto insurance rates. There are numerous factors that will determine how much your car insurance premium will cost you.
The average person will pay hundreds, if not thousands of dollars a year in car insurance. How can you avoid paying thousands?
Very simple, follow eleven steps "Guaranteed" to help you shop effectively while searching for your cheap auto insurance.
Knowing this information you may probably have a car insurance agent ask you "Where did you get all this information?" If you do, just simply say, "I did my homework!"
1.) Buy your Car Insurance Online - A lot of automobile insurance companies are posting ads on the internet that say "Save 5-10% on your car insurance when purchasing online rather than telecommunication. This makes it an easier process rather than spending a long time on the phone with your car insurance agent.
2.) If you own a small house where there is a small population in area where there are fewer accidents, you will get a much better rate.
3.) If you are under the age of 24 years old and have your parents, register the car under their name adding you as the principal driver. You car insurance premium will be lower if you live in a rural city where the population is small. Car insurance rates are lower their.
4.) If you have a teenage driver at home, do not add them to the policy as a principal driver. By doing so, your car insurance could increase dramatically! Add your teenage driver as an occasional driver; limit their use to less than 30%.
5.) Ask for higher deductibles - This simply means how much you are going to pay your car insurance company first if you are found at fault in a car accident. Reduce 15-35% by raising your deductible on your car to the highest level.
6.) Big engine more horsepower - The more horsepower your car comes with the more expensive your car insurance will be. Ask your self, "Do I really need a car with a lot of horsepower for the driving I do?" If you choose to buy a car with a lot of horsepower, your pleasure will be costing you more money.
7.) Is your car on "The Most Stolen Car List" on the car insurance companies list? That's right; it's costing auto insurance companies millions of dollars to cover car theft, especially wit the number of fraudulent claims people are filing today. There are hidden fees applied to these cars.
8.) Multiple Accidents - If you have a history of car accidents and are considered a high risk driver, leasing a car and adding insurance to it would cost you less.
9.) Business or Work - Using your car for business purposes or traveling to work subjects you to an expensive premium. Just say you will be driving your car occasionally and parked in a garage rather then outside without a cover. Insurance companies know that a car deteriorates quicker parked outside without a cover.
10.) Safety Features - Tell you Insurance agent all the safety feature that comes with your car, you could receive up to 30-60% off your medical and personal injury insurance.
11.) Drivers Education - Enroll yourself in a Drivers Education Course and successfully complete it and fax your certificate to your insurance company. You could receive up to 5-10% off your car insurance. This will show that you are making improvements to become a better driver.
Go online and search for different Auto Insurance Companies and get multiple quotes to see which rates are the best for you.
Remember by shopping online you have more companies to select from rather then spending hours on the telephone or looking through the yellow pages.
Shopping online is very convenient and not time consuming.Following these factors will "Guarantee" you get the lowest price possible.
Both Dennis Q. Thomson & Ricardo Arbois are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Dennis Q. Thomson has sinced written about articles on various topics from Auto Insurance. Learn more essential car insurance tips at a favorite auto insurance website for locating. Dennis Q. Thomson's top article generates over 720 views. to your Favourites.
Ricardo Arbois has sinced written about articles on various topics from Auto Insurance. Ricardo Arbois Jr is the webmaster of. Provides online resources and helpful tips "Guaranteed" to help consumers save money on t. Ricardo Arbois's top article generates over 720 views. to your Favourites.