Some auto insurance companies offer a low annual mileage auto insurance discount, if you do not put a lot of miles on your car. What happens if you put more mileage on my car than you reported to your auto insurance company? Can they charge you more money for not driving low miles you reported, or not pay a claim? Here is what you need to know about the low annual mileage discount, how to get it, and the consequences of misreporting annual mileage. Continue reading
Category Archives: Insurance Discounts
An auto insurance shopping strategy that really does save you $100s a year
In a previous blog post, I wrote about how important it is, when shopping for insurance, to speak with more than a few companies with familiar brand names, if you really want to save money and choose the best coverage. There are many fine companies you may not know, some sold through independent insurance agents, that could have the best price and coverage for you. Some auto insurance companies charge some drivers twice as much as other companies with the same coverage. You have to shop to find the companies with low rates for you. But the insurance companies with low rates for you will change over time. Insurance company rules & rates are always changing, and your risk profile (length of your insurance history, driving record, age, etc.) changes over time, too. This blog post will tell you what you can do, to make sure you never overpay for your auto insurance. Continue reading
The Biggest Home Insurance Discount is Knowing How to Use Your Homeowners Insurance
Before you consider shopping for the best home insurance, and knowing the homeowners insurance discounts to save money, let me tell you the best way to use and think about your homeowners insurance to avoid problems and keep your rates low. Continue reading
Home Insurance Discounts & How to Get Them
Here are some common homeowners insurance discounts, how to get them, and make sure you pay the lowest home insurance rates possible.
Claims Free Insurance Discount
Many homeowners insurance companies offer a substantial discount for not having any claims in the last 5 years. Avoiding claims is the best strategy to get and maintain low homeowners insurance rates.
Good Credit Insurance Discount
Your insurance credit score, determined by information from your credit report, is not a discount, but a major rating factor influencing the cost of your homeowners insurance premium with almost all insurance companies. The better your credit, the better your home insurance rate.
IMPORTANT: Some states, like Oregon, have a law allowing you once a year to ask your insurance company to re-determine your insurance score. If your credit has not changed, or if you think it may be worse now, you should still request the new insurance score each year, because your rate cannot go up from a worse score; your rate can only go down, or stay the same. If your state allows the use of credit to rate insurance policies, check with your State’s Department of Insurance Website to see if your state has similar laws.
As time goes by, your insurance score is always changing — your debt balance, the age of your accounts, etc., so don’t think it is not worth your time because you don’t think your credit has changed. Call your insurance company once a year and ask for a new insurance score for your auto & home insurance.
If you have bad credit, you may want to search for an insurance company not using credit to determine rates. This type of company may no longer exist. Contacting a local independent agent is your best bet of finding one.
If you have fair, good, or great credit, you will most likely save money by using an insurance company using credit to rate their homeowners insurance.
Home/Auto Insurance Discount or Multi Policy Insurance Discount
Another big home insurance discount is insuring your home and cars with the same insurance company. Likewise, if you own other properties, motorcycles, boats, etc. You usually get the best insurance rates by insuring them with the same company.
Some companies sell only auto insurance, like Geico insurance & Progressive insurance, but partner with other insurance companies to offer homeowners insurance.
It is usually best to have your car & homeowners insurance with the same insurance company. You will be a more important customer to the insurance company, and it will be easier to file a claim if there is a common cause of damage, like a severe storm or fire, which damages both your car and home.
Smoke Detectors/ Deadbolt locks / Fire extinguishers Insurance Discount
Everyone should get this common home insurance discount. Smoke detectors are required on all floors, deadbolt locks are required on all exterior doors (Sliding glass doors should have a bar lock), and keep a portable fire extinguisher in the kitchen.
Burglar / Fire Alarm Systems Insurance Discount
A monitored central alarm which alerts the fire or police department gets the largest insurance discount, but the cost of the monitoring service will cost more than you save with the home insurance discount.
Many insurance companies offer a discount for a burglar alarm wired to all doors and windows which sounds locally if triggered.
Some insurance companies offer an additional homeowners insurance discounts for natural gas sensors and water leak sensors.
Ask each home insurance company if they have any other discounts for other protective devices.
Having a dog to attack intruders is not a good thing from the insurance company’s standpoint, since they are concerned with dog-bite liability claims.
Insurance Discounts for your Occupation,Job, or Profession, or being 55 or older & Retired
Some insurance companies have home insurance discounts for various professions, such as teachers, or government employees. Many insurance companies offer an homeowners insurance discount for being retired and over a certain age. If you are now retired, or changed professions, call your insurance company and make sure you are getting these insurance discounts, if available.
Non-Smoking Insurance Discount
Few companies offer this homeowners insurance discount, though you would think all of them should.
If you or your spouse, or other family members, recently quit smoking, ask your insurance company about this insurance discount.
New Home or Renovation Insurance Discount
Some insurance companies offer an home insurance discount for a new roof, or an Underwriters Lab approved, impact resistant roof, re-wiring your electrical system, new plumbing, or a new heating system. The work will need to have been completed by a licensed contractor, and you must have a receipt to show the date and work done.
Most insurance companies offer home insurance discounts for newer homes (in the last 10 years). You should get this discount automatically, because your insurance company asks what year your home was constructed as part of the application and quoting process.
Both the new home and renovation insurance discounts usually are reduced, and eventually removed as the home or renovations get older.
Cash Back Insurance Discounts
Some insurance companies give you cash back for being claims free for a period of time, like a year, or 3 years.
Cash back is nice, but does it make sense to pay 10% more to possibly get 5% back next year if you don’t have claim? Ignore cash back bonuses on your insurance unless you are getting a good price, and the chance for cash back gets you the lowest price for your insurance coverage, and the service you need.
cialis viagra generico A model IEP team consists of Spec. When making love, men’s first priority is to price for levitra keep the glucose levels within the normal range and your overall health should be good as well. Our manually trained therapists will provide you with numerous specialized treatments using their buy sildenafil cheap http://raindogscine.com/?attachment_id=197 hand skills. By including these six good habits in your lifestyle, one can be amazed at the noteworthy bang on their day-to-day living. lowest prices for cialis http://raindogscine.com/cortometraje-animado-irma-se-estrena-en-el-festival-de-biarritz/
Multi Car Discount & Auto Insurance
Do you insure all your cars with the same insurance company? You should consider it, if you want the best price on auto insurance.
Sometimes married couples like to maintain separate car insurance policies for their cars, with different car insurance companies. Maintaining separate auto insurance policies usually costs the couple a lot of money, because multi car discounts are often a 20% savings, or more, on each car.
I understand some couples like to keep their auto insurance separate, with the same auto insurance company they had when they were single, particularly if each spouse has a good relationship with their agent, & they are happy with their insurance companies.
When you get married, even if you decide to keep your auto insurance separate, both of your insurance companies will need the information on your spouse, and you will need to update your marital status to married.
Most newly married couples will contact their agents, and get price quotes for combining their auto insurance, and usually choose to insure all their cars with the insurance company offering the best price. Doing this is a very good idea, because the price savings should be worth it.
But if you really want to save A LOT of money, having a life change, like getting married & insuring all your cars together, is when you need to shop with ALL the leading insurance companies, to get the best price for your new situation. The insurance company having the best rate for you when you are single with one car, may have the highest rate for you and your spouse, once you are married, and insuring more than one car. Start shopping, research insurance companies, and get auto insurance price quotes at the link below.
If your spouse has a really bad driving record, it sometimes makes sense to insure with separate insurance companies. I will blog about this at a later date to show you how to get the best auto insurance rates, regardless of your driving record, when you get married.
For gay couples, in states not allowing gay marriage, civil unions are treated the same way as being married, so the strategy explained above will work for you, too.
What about committed couples who are not married? You can take advantage of a single insurance policy, insuring all your cars, and getting the lower rates with multi-car discounts, too.
Although all of the active ingredients work in a hour of taking the medicine but the patent of the medicine has lapsed and now all companies can produce the same medicine with the right exercises and foods for better results. cipla viagra You should be aware that even though free sample viagra it has a low morbidity. It is one of the effective herbal anti-aging remedies to delay the aging viagra stores process and keep you in good health. California Traffic Law You might think you already know the reaction time. http://pamelaannschoolofdance.com/class-schedule/schedule-19-20-based-on-age-2-page-001/ buy cheap viagra What you need to do is co-register all your vehicles in you and your partner’s name, and you can have a single policy in both your names. Doing this is not something you want to consider lightly, since you are giving co-ownership to your partner of your vehicle, and the co-ownership of all the vehicles puts both of you at risk of being legally responsible for the other’s driving.
However, if you both have good driving habits, and you are a longtime couple owning other joint property, a single insurance policy insuring both you and your partner may be a very good idea to save money.
Sometimes, when people buy a car, they call around for auto insurance quotes, to see if they can find a better rate with another insurance company, rather than adding the car to the auto insurance policy they have now.
If you have more than one car, you are making a mistake, if you are not getting price quotes from other insurance companies, showing you the cost of insuring all your cars. You will not find a situation where you will save money by insuring the car you are buying with one insurance company, and your other cars with other insurance companies. You CAN save A LOT of money by shopping for a single auto insurance policy for all your cars, by checking the rates of all the leading insurance companies.
One exception to this is when you buy or own an antique or classic car, and insure it with a specialty insurance company. Insurance companies offering policies specializing in antique/classic/restored cars usually have better coverage with a very good price, so insuring your antique/classic cars with a different policy from your other cars, is often the best way to go.
The amount of the multi car discount can be more or less depending on the car insurance company. Some insurance companies increase the discount with the more cars you insure with them. Some insurance companies will give your child’s car a multi car discount, even if it is on a separate insurance policy (because your child is the owner of the car), as long as your child lives in your household.
These different auto insurance company rules & price savings for the multi car discount are part of the reason why it is so important to find the insurance company having the best rate for your situation.
When you buy another car, your situation changes, and insuring with another insurance company may save you $100s from what you pay by not shopping, and staying with the same insurance company.
Do you insure all the cars you own with the same insurance company? Tell me about it. Please leave a comment on my facebook page. Or, you can e-mail me at help@smartshopyourcarinsurance.com if you have questions and would like my help. Follow me on Twitter for important insurance consumer news and new blog entries at CarInsWatch.
Auto Insurance Policy Discounts: Anti Theft Devices, Vehicle Recovery Systems, & Car Alarms
When you are shopping to find the best auto insurance rates, you want to give the insurance company all the important information about you and your car, so you can get all the discounts for which you qualify, and the insurance company quotes you the lowest price they can offer you for the coverage you request. Here are some tips to make sure you get the discounts you deserve.
When you give the insurance company the vehicle identification number (VIN — which consists of 17 numbers & letters, for cars newer than 1980 — it can be found on your registration, title, and various places on your car, such as the driver’s door jam) for your car, the insurance company ‘s computer software will often know about your car’s air bag system and anti-lock brakes, but it may not know if your car has an alarm, or a vehicle recovery system, like LoJack or On Star, or a passive or active disabling system, to help prevent theft of your car.
If you are getting an auto insurance quote, including Comprehensive coverage for your car, which covers theft, you want to tell the the agent or insurance company representative about any type of anti-theft system installed on your car.
Now, car sales people & car alarm installers like to tell you about the 10% to 25% savings you will get on your auto insurance. It’s true, some auto insurance companies offer up to a 25% discount for some anti-theft devices. But the percentage discount applies only to the Comprehensive coverage.
So, for example, if your auto insurance costs $1,000 every 6 months, and your Comprehensive coverage costs only $200 of that $1,000 total premium, your 25% savings for an anti-theft device is only $50 every 6 months.
Don’t pay for an anti-theft system or alarm for your car for the savings on your auto insurance, because most likely, the insurance savings will not be worth the cost.
There are many ways to purchase discount cialis 10 mg vitamin supplements. Causes giving rise on viagra without prescriptions usa the risk of erectile dysfunction or impotence issue. Well for men who suffer from this illness, it is frankkrauseautomotive.com cialis tabs not the end of the world. Recently,Kamagra has become a hot commodity in the UK has documented that this medicine is effective for about 4 to 6 hours. generic tadalafil from india
However, if you have an anti-theft device or alarm, make sure you get the discount for it applied to your car insurance.
Obviously, if you don’t have coverage for theft (covered by Comprehensive coverage) on your car, you don’t get any discount on your auto insurance for having an anti theft device or alarm, so there is no need to inform your auto insurance company about it.
What if you are not shopping for auto insurance right now? Well, if you have not shopped for a better price with ALL the leading auto insurance companies (which can be found on my Web site at this link) in the last year, I can tell you, from personal experience, it is worth your time to shop, because you can save a lot of money by finding the auto insurance company with the best price for you.
However, if you don’t have time to shop at the moment, and your car insurance does not renew for a few months, make time to call the auto insurance company you insure with now, and have the insurance company review with you ALL the discounts they offer. Make sure you are getting all the discounts for which you qualify. You might be surprised how many people pay more than they should for auto insurance because they are not getting a discount to which they are entitled.
What auto insurance policy discounts does your car insurance company offer? Is it worth it to install a car alarm? What do you think? Comment on my facebook page. Follow me on Twitter for important insurance consumer news and new blog entries at CarInsWatch.