Inexpensive Car Insurance

The first thing that you should know about inexpensive car insurance policies is that insurance representatives will lie to you about them. This is not true of every insurance representative, but from my experience it is very common; after all, they are just salesmen, and everyone knows that salesmen will lie to you.

So, what will they lie to me about? You may ask, that is the purpose of this article, to answer that question, it will also give you a few tips to help you save on your insurance policy.

Just Remember:

Insurance Representatives Are Salesmen

The honest truth is, insurance representatives are paid on commission, which motivates them to sale you extras, or options, on your insurance policy that you may not necessarily need. These extras will end up costing you more, so you have to learn how to deal with the salesman so that they do not talk you into more than you want to pay. In the following paragraph, we will look at how best to avoid being pressured into options that you do not want.

Tip 1

First, use a free quote tool to get inexpensive car insurance quotes, one you have found a company that you want to speak with never disclose to the representative how much you are willing to pay for the insurance policy. The reason for this is because once the rep knows how much your top dollar is, there is no reason for them to offer it to you for less.

By holding this information back, you are able to keep the upper hand in the situation, allowing you to negotiate a better rate for yourself.

Next, if you really need to lower the amount that you pay for your insurance policy, you may want to consider raising the deductible on your policy. This will lower the monthly payments, but it does have some draw backs, the major drawback of course being that you will have to pay more out of pocket if you do have an accident.

Next, if you are a parent and you have your children on your car insurance take them off. That is unless you want to continue wasting money. By carrying a teenager on your insurance policy you are causing your rate to triple at least. If you can, negotiate with the insurance company so that you're teen has their own policy, and that way your policy will not cost as much per month.

Next, if you really need to get your payments down you can drop your collision. Just contact your insurance company and tell them that you want to drop collision. This will leave you with only basic coverage, which means if you have an accident your policy will not fix your car; only the car of the other driver. If you decide to drop your collision one month, you can always add it back the next, so this is a great way of saving a little bit of money each month if you are willing to take risks.

Next, read your entire policy and understand it. This is because you should not be paying for things that you do not need. If you see anything in the policy that looks like an extra option, and you do not think that you use it, contact the insurance company and have them remove it from your policy. This will save you at least a few dollars each month.

Last, look into the fine print of your policy to find out if they offer any discounts because your insurance representative may not have told you about discounts that you were eligible for. Some common discounts are non-smoker discounts, car/home insurance and package discounts. This will be offered by most inexpensive car insurance companies.

If you are in a tight spot financially, cutting back on your auto insurance policy, or switching to a inexpensive car insurance company can be an option to save a little money each month. If you decide to do this be aware of the fact that there are definite disadvantages to doing this including a loss of coverage on your own vehicle in the event of an accident and a higher deductible for the amount that you have to pay to fix your car.

So, if you are serious about saving money on your policy know that you can, but it does not come without these draw backs.

After all, it would be bad to drop your collision to save a few dollars and then total your car the next week; you would not get paid anything.