5 Little Known But Essential Car Insurance Tips

By on August 29, 2013

Whether you are searching for popular Texas insurance rate options or other insurance options across the nation, it pays to conduct some research. A quick search on the web will yield hundreds of tips that are supposed to help someone save money on their auto insurance. Many drivers find that it’s the lesser-known tips that are essential and provide the deepest discounts.

5 Little Known But Essential Car Insurance Tips

Auto Club

Many insurance providers give drivers discounts for being a member of an auto club. Although it’s unlikely that this tip will yield significant savings, every little discount helps. This is an uncommon tip that many drivers don’t even know about, and since it helps to save money, it’s a useful tip.

Similar Vehicles

There are many types of vehicles that are very similar. For example, two vehicles that have similar theft protection and crash ratings could have very different insurance costs.

Many vehicle models appear to be almost exactly the same when viewed on paper, but for some reason, one vehicle costs much more to insure than the other. Before purchasing one of two vehicles that are very similar, always get a quote for each vehicle.

Bargaining Power

The majority of consumers don’t know that they actually can bargain with insurance providers. Some people bargain with their insurance provider, and they don’t even realize they’re doing it. Most drivers would be shocked to learn just how much bargaining they can get away with.

It’s a good idea to start bargaining with discounts. Drivers should always ask what discounts an insurance provider has to offer. Drivers who pay attention to how many miles they drive per year can use such information as a bargaining point.

Understand Required Coverage

Drivers should always understand what coverage they absolutely need. It’s true that many people aren’t insured at all. However, there are many drivers who are paying money for insurance they don’t even need. It’s essential to understand mandatory coverage.

Most states require $15,000 in liability coverage and $30,000 in accident coverage. Many states also require $5,000 in property coverage. These are rough estimates, and some states will require more or less minimum coverage.

Know Who You Are

A lesser-known tip is to understand how you’re viewed as a driver. Various details concerning who you are and what you do can raise or decrease the cost of your insurance.

Your marital status, gender, driving record, previous policies, age and occupation can be used to determine how much you should pay for car insurance. Apply these lesser-known tips to make sure you pay less money for your car insurance.

About Shams

Isis is the Chief Copywriter of Memetics. Follow her on Google+.