Ways To Save On Car Insurance
Posted by Stephen Cline on July 20th, 2010If you’re like most people these days, you’ve scoured your expenditures, looking for things that can be reduced or eliminated. You’ve cut back to basic cable and stopped dining out. What about auto insurance? Though it’s vital to insure your car, many times, you may be paying too much or using coverage you don’t need. However, auto insurance can be a confusing topic; most people don’t really know the ins and outs of their policies.
Educating yourself is the first step. If you live in New York, for instance, try searching for auto insurance New York and read some articles to learn about different types of coverage. For now, let’s look at some ways to lower your monthly car insurance payments.
1. Drive Safely
This is an obvious one, but over the long-term, a clean driving record can save you more money on your auto insurance than anything else. Even one ticket for an expired registration, an ignored stop sign or a burned out headlight can increase your premium by hundreds of dollars per year. Therefore, although this measure is proactive, it still should be high on your list. Additionally, driving more carefully will lower your stress and lower the chances of getting into an accident.
2. Lower Your Coverage
Some auto insurance covers areas that may already be covered by your existing health insurance. Personal Injury Protection, or PIP, typically covers healthcare expenses that may be incurred in an auto mishap. Medical Payments Coverage is another kind of coverage designed to cover healthcare payments in the event of an accident. Check with your health insurance provider to find out what is covered if you get into a car accident, and you may find that you’re double paying for medical coverage. If so, reducing or eliminating this coverage will lower your monthly auto insurance payment.
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