Is it possible you have a car that you’ve not used for a long while? Is one of your cars been covered in the garage for up to six months because it’s broken? Is this car still on your auto insurance policy or have you removed it?
Funny as it may seem, this is one reason some folks pay higher rates than they should. Don’t make this mistake.
Some insurance carriers will give you a discount if you join an auto club. Even if this discount is quite little it’s still some savings for you.
Make sure you do NOT give false details when you complete your forms. Insurance fraud costs us all.
If you couldn’t care less about the cost to everyone in general, don’t forget that your insurer is free to cancel your policy on the grounds of false representation.
I hope you know that this will invariably make you a higher risk and this means you’ll pay more for your next policy. Insurers increase your rates by a good margin once you’ve let your policy lapse or had it cancelled for reasons like this.
Insurance fraud costs the average family an extra $1,500 in premium dollars each year. You can help reduce this to our collective advantage by being truthful when completing your application form and if you ever have to file a claim.
Policyholders who do NOT make claims for up more than 3 years get a No Claims bonus. Remember, this does not mean you might not have any cause to make a claim but that you did not file one. Handling little fixes on your own will help you save more as you’ll get a big discount.
Using your parents’ car insurance policy is a different option for you an under twenty five. If you are of driving age, then your parents certainly are far above 25 years which means they are better risk drivers.
There are two things you must do for this to be possible: The car must be registered in your parents’ name and you must live with them. If you don’t like the idea of handing the car’s ownership to them and other stuff that may be attached to that, then you will have to forego this alternative.
And…
You could save several hundreds of dollars by simply getting and comparing quotes from about five insurance quotes sites. And, it will take just a total of 25 minutes.
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