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Showing posts with label Tips. Show all posts
Showing posts with label Tips. Show all posts

Friday, May 16, 2008

Slash Your Car Insurance Premiums....For Life!

* Have you ever written a check for your car insurance...and wished it wasn't so much?


* Have you ever shopped for car insurance....and not been able to get your car insurance any cheaper?


* Do you have Teenagers on your Car Insurance Policy....and can't believe how much more you're paying than you used to?


* Have you been dropped by your car insurance company because of an accident or, because you've gotten too many speeding tickets?


* Or, are you a teenager or twenty-something looking for car insurance and can't believe how much you're going to have to pay for coverage?



If you answered yes to any of these questions, you're not alone. In fact, almost 98% of U.S. Drivers are over-paying for their Car Insurance.

So, how do you stop over-paying?

By simply doing two things.


1. Change Your Coverage To Get The Absolute Lowest Car Insurance You Can - Expected Savings: Up To 45%.


2. Shop Around For Car Insurance - Expected Savings: Up To 15%.


And what can you expect from doing these 2 simple things?

How about gutting your car insurance costs by up to 55%! In dollar terms....that can mean $10,000 in savings over the next 10 years.

Okay - here's how this works. Just take some notes on the changes we suggest below - then do some shopping for car insurance.

**Here's a helpful hint - if you have a copy of your current Car Insurance Policy, or can get one, follow along. You'll be amazed at the total dollar amount you've been throwing away.

Step 1 - Changing Your Car Insurance Coverage

1. Change Deductibles For Comprehensive & Collision Coverage: Change your deductible to a minimum of $500 - preferably $1000. Why? Because your overall premium will drop by up to 30%!


2. Change Property Damage Liability: Property Damage is not damage done to an automobile but rather "property" like a street sign or electric pole.

Many of you are currently paying for $100,000 of Property Damage Coverage. In almost all cases, Property Damage Claims can be taken care of with only $50,000 of coverage. And if you have little or no net-worth, drop this coverage to $25,000.

Here's what to look for on your Policy - Many of the Policies today will have your Liability Coverage's listed like so - 50/100/100 - The first two numbers refer to Bodily Injury Liability Coverage. The 1st number is the dollar figure covered per person. The 2nd is the dollar figure per accident.

The 3rd number is the Property Damage Liability....that's what you need to change. What does yours say? Save some money - get the minimum coverage your State requires. Make sure you lower yours when you get a new car insurance quote!