11:40 22 November 2012
With the current state of the economy, everybody can surely make use of extra savings to make both ends meet.
One way to cut monthly costs is to get cheap car insurance. Here are some tips on how you can get cheaper car insurance;
1. Shop and compare car insurance
It’s shocking to know that most people do not bother to take the time to shop and compare car insurance quotes. They get 1 or 2 car insurance quotes from insurance companies and they make a decision right away.
In order to find the cheapest car insurance, you need to get as many car insurance quotes as possible and then, compare them. Get the policy that compliments your specific needs and your budget.
2. Pay your car insurance in a lump sum
Most insurers will allow you to pay your car insurance policy for up to 6 to 12 months. This may be easier on the pocket, but keep in mind that the longer the time frame, the more interest you’re going to pay.
If you have the money, pay for your car insurance in one lump sum to avoid interest all together.
3. Maintain your current car insurance provider
Consider signing up with your current car insurance company. Most insurance companies give huge discounts if you buy all of your insurance (home insurance, health insurance, car insurance, etc.) from them.
4. Consider your type of car
Before you buy a specific type of car, know that some vehicles are much more expensive to insure than others. So, if you want to keep your car insurance cheap, you’d need to avoid certain types of cars, such as fast sporty one, that may bump your car insurance up.
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