Get only 3rd party insurance. The easiest way to reduce costs is to reduce cover. Most states require that you have minimum 3rd party insurance, but any extra is up to you. Of course that means if your car is stolen then you'll be transportless.
Keep it safe. If you want a little more cover, you can reduce costs by parking your car in a secure garage, this reduces the likelihood of theft and your premiums.
Get a cheap car. That's right. If you've got a Lamborghini, you won't be able to get very cheap insurance. A cheap car normally means lower premiums as its less likely to be stolen.
Keep your record clean. If you have more tickets than sense, then its going to be very difficult for you to get cheap or even reasonably priced insurance. Be a safe driver, a careful driver, a driver who has money left over for petrol after he pays for his insurance. Being female may also help, but there's not much you can do about that if you're a guy.
Get it online. Many companies offer discounts if you buy your insurance online, and why not. Saves you time and money and you can't beat that.
Don't let the kids drive the car. Teenagers can add massive amounts to your premiums because of their propensity to crash into things. If you want to save money then keep them in the passenger seats.
Combine it. Combining your car insurance with house and contents can lead to savings in both areas. It's worth thinking about if you have some nice things at home.
I keep telling everyone I can this is only a part time business with a full time income. If you crank up your buying machine and prescreen out the suspects quickly it only leaves you a handful of people to talk to and a few houses a month to visit for you to buy two or three deals every month which should put you in at least the mid six figure income bracket.
Will you be an instant expert? NO!
Give yourself a chance to get really good. It's not your fault you don't have all the answers. It wasn't on your S.A.T. test. It's a learned craft and well worth the price you'll pay in time and money. People ask me all the time how to become a good speaker.
Answer:
First, you are a bad speaker. Same thing is true with real estate. You'll make mistakes, blow some deals, take too long to sell, say the wrong things and get a few knots in your stomach.
So what!
Are you an adult who'll do what it takes to get rich or a coward who'll turn and run at the first roadblock? Everything I do well now I did badly at first. I made a ton of mistakes in the 80's and looking back, I was a blundering idiot. When I started speaking I was horrible. Couldn't put two sentences together without saying ain't. I was scared to death and it showed. Only time and practice made me better and to this day I still do a lot of things wrong but make a strong seven-figure income during my blundering.
Everything I now do well I did badly at first. Everything I still do badly, I do so only because I never invested the time or study to get better. There are very few things I couldn't master if I set out to do so. I know what it takes to get good at anything. The question is am I willing to pay the price? If I'm bad at it now, the answer is no. There's no other reason. I can't type, I'm lousy at sports, I don't play any musical instruments and I'm 20 lbs. over weight. I know exactly why all these things are so. I'm too lazy or don't care enough to fix them.
But I do know for sure if I ever choose to do any of them, I'll really suck at it until I get good. And you know what? It won't bother me a bit because I know it's a requirement and I can't change it. Same is true for your business. Cut yourself a little slack and focus on steps one and two and I'll bet the other three will get a lot easier.
Fortunately, you get to earn while you learn and get paid in big fat checks. Keep moving forward and soon the checks will get bigger, the work will get easier and you'll be so proud of yourself you'll be hard to live with. Amazing things happen to those who don't quit.
Both Jessica Farrell & Bryan Benson 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.
Jessica Farrell has sinced written about articles on various topics from Life Insurance, Finances and Health. . Jessica Farrell's top article generates over 110000 views. to your Favourites.
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