Basic Techniques Guaranteed to Save You Money On Auto Insurance. 0

Posted by: on Nov 06, 2012

auto insurance cincinnatiAuto Insurance Quotes Cincinnati.

If you’re looking for auto insurance quotes in Cincinnati please call 513-662-7000. Or if you need an instant quote online click on Auto Insurance Quotes Online.

The very first step to take is to make sure that you completely understand what coverage you are buying.

The reason why this is important is because there can be differences in coverage between company to company even when the deductibles and limits of liability are identical!

You can quickly find out what is covered and even more importantly, what is not covered, in the insuring agreement under the exclusions of coverage.

Learning the differences between the types of coverage will place you in a much better position when reviewing insurance quotes.

In this article we will consider five different methods to save money on your auto insurance quotes Cincinnati.

The first question you really need to consider is whether or not you need full coverage on your vehicle?

When you buy full coverage, any claims that are paid by the insurance company are going to be depreciated. So in other words you’re going to get exactly what the vehicle is worth if you sold it at the fair market value.

So purchasing full coverage may not be worth paying the extra premium dollars because your car may not be worth that much money.

What’s the Second Way to Save Money on Auto Insurance Quotes Cincinnati?

There is a certain, rather large discount that is available when you combine your car and home insurance with the same company.

However if you purchase car insurance with a company that does not offer home insurance, you are missing out on an important discount called the multi-policy discount. The multi-policy discount can apply to both your home and car insurance as a package.

How large is the multi-policy discount?

With some companies it is 40%!

This money saving discount is huge and can save you hundreds of dollars by packaging all of your insurance policies with the same company, have you looked into this yet?

Have you thought about combining both your car and home insurance with the same company? We can definitely help you with that. Please call 513-662-7000 or you can request a web quote by choosing, auto insurance quotes Cincinnati.

Third technique to save money on Car Insurance?

One overlooked way to save money on your car insurance is to stick with the same company for an extended period of time. Most insurance companies offer reduced rates to long-term customers which can add up to big savings over time.

While it is true that companies can change their pricing structure because of claims or accidents, there are benefits to sticking with the same company over the long haul because of renewal discounts and accident free discounts.

Fourth Method to Save Money.

Consider carpooling or taking the bus to get to work. If you do this on a regular basis you can ask your insurance agent to provide the pleasure usage discount, that discount may be as much as 6 % with some companies.

The pleasure usage discount can also be applied if you telecommute, retire, or even lose your job because of corporate downsizing. If that happens every penny counts call to make sure this discount is applied to your policy.

Fifth Method to Use.

If you are a young driver looking to purchase an auto insurance policy on your own you probably realize the insurance is going to cost an arm and a leg. One way you can lower your expenses is to get an older driver to share the insurance with you. Much like having someone with good credit co-sign a loan with you. Having an older, experienced driver on your insurance will bring your payments down, but there is one important condition you need to consider before taking this approach. Is this technique allowed by your insurance company, or by the insurance laws in your state?

If you do not live in the same household as the older person, no matter if it is a relative or not and you cause a claim. The insurance company could refuse to pay because you are not a resident of that person’s household!

What step is even more important than Saving Money?

Everyone wants to save money on their insurance and taking some of the steps that we have discussed in this article can help you keep your premiums low over the long-term. However you want to be aware that when you’re shopping for insurance no matter if it’s online or by telephone the biggest mistake consumers make is basing their decision exclusively on the price you pay for that insurance.

The reason why it’s not so easy or simple to compare insurance companies based on the price is because as was mentioned in the beginning of the article there can be differences in coverage.

While it’s true that your individual deductibles and liability limits may be the same, the outcome at claim time may be totally different!

Call our independent insurance agency for insurance quotes in your area. We can either help you directly or refer you to a professional agent in your area in all 50 states. Our telephone number is 513-662-7000 or call us toll-free 1-800-998-0662.  Or choose auto insurance quotes Cincinnati for your online quotes.

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