Car Insurance Rates - 4 Ways to Help Your Teen

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Thanks to higher accident rates, higher car prices, and higher repair costs, getting a cheap rate on you car insurance can be difficult. Here's how to find the best car insurance rates the easy way using the Internet. Go Shopping The first thing you need to do in your quest for cheap insurance rates is to go comparison shopping so you can find out which car insurance company has the best rates. I recommend going to an insurance comparison website where you can get car insurance rate quotes from multiple companies, rather than spending hours on end visiting individual company sites to get quotes. At a comparison site all you do is fill out a simple questionnaire with your insurance information and the amount of insurance your want, then wait for your car insurance quotes. At the best insurance comparison sites you can even talk to an insurance expert who will answer all your car insurance questions and help you get the best rate on you insurance policy. (See link below.) Raise Your Deductible As you fill out the insurance questionnaire make sure to request the highest deductible you can afford. Not only will this save you big bucks on your premium - up to 40% - it will also prevent you from making too many small claims which can cause your insurance company to cancel your policy. Drop Your Coverage if You Have an Older Car If your car is worth less than 10 times the amount you'd pay for insurance, consider dropping your comprehensive and collision coverage, as the payment you'd make on claims will usually be less than what you pay for your insurance. Get Discounts As you fill out the insurance questionnaire make sure to request all the discounts you're eligible for. Insurance companies offer all sorts of discounts, including: * Multi-policy discounts for having your home and car insured with the same company.


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