See if your auto policy will cover aftermarket additions before buying any. Some insurance policies will only repay the value that such parts add to the car's total value, which can be much lower than the cost of replacing them.
Sit with your agent prior to personalizing your car to make sure you have the correct amount of coverage. If your vehicle gets stolen you will want to make sure the expensive accessories you put on it will be covered.
Try to ride buses or take a carpool. Driving less is one great way to show responsibility as a consumer and impress your insurance company. Many providers also offer discounts for commuting.
You need to make sure that your policy includes property damage liability when you are purchasing vehicle insurance. This covers any damage your car may have created during an auto accident. Almost every state requires this coverage. Many add to this a coverage for "uninsured drivers" who lack this liability insurance. However, in the event of an accident occurring, property damage liability could prevent you from having a very large bill.
If you want to save on insurance, get one that is less sporty. Insuring a sports car costs significantly more than insuring other vehicles. Instead, choose a car that gets the job done without flashy extra features. Vehicles with larger engines are more expensive to insure. Sports cars are at greater risk of theft, which further raises the cost of insurance.
In the event of a crash, you can save yourself a great deal of time and money by properly insuring your car. The car's owner will pay a set amount, known as a deductible, while the insurance company is obligated to pay for the remainder of the cost to repair the vehicle. Depending on the amount of the deductible, this could save one a significant amount of money.
Never cancel your existing policy without first getting coverage in effect with another company. You want to make sure that you are insured at all times simply because accidents can always happen. Do not risk going without insurance even for a couple of days.
If you bundle your insurance plans, you may pay less for car insurance. Get your car and your home insured at the same place in a bundle. Make sure to compare the cost of combining your home and auto or insuring them separately before making the decision to bundle.
Now that you've read the article, go review your policy with your new found knowledge. When you know what you to look for, you may be surprised at items that are lacking in your coverage. See if there are any places where it may be beneficial to you to head back to your agent for a new policy.
