|
Author: Tim Gorman Article source: http://www.insurance-owl.com/. Used with author's permission.
It seems as though the price of everything is on the rise. The amount a house may have cost in the early 70s is how much you will pay for a new car in the 21st century. Oil companies have used the problems in Southwest Asia as an excuse to send gas prices through the roof. And the cost of peace of mind when driving your vehicle knowing if you or your vehicle is injured in an accident you will be covered has become astronomical. So what can you do to lower your insurance premiums so you don't feel as though you are paying a mortgage note in exchange for a vehicle and a car note in exchange for insurance?
Consider how much coverage you really need to buy and the price each of these coverages will pay. Think about collision and comprehensive coverage, which is how much you will be reimbursed for the loss or destruction of your vehicle. Are you carrying $30,000 worth of collision coverage for a $12,000 vehicle? Is the insurance company really going to give you $30,000 when your vehicle is only worth $12,000, unfortunately not?
If you are leasing or financing your vehicle these coverages may be required however if you are driving an older car that has depreciated significantly you may want to consider saving on your premium by dropping this coverage. Before you drop it make sure you can afford to foot the bill on the entire cost of replacing that vehicle if it is lost.
Think about the cost of insuring that sports car or luxury vehicle before you purchase it. If higher premiums is a small price to pay for going from 0 to 60 in .5 seconds go ahead and purchase that Ferrari, if not consider the sedan.
Generally you can't help where you live but expect that you will pay higher premiums in cities or towns that have high rates of accidents and vandalism as opposed to more rural low crime areas. The X and Y-chromosomes are luck of the draw and everyone ages in the same slow, drawn out amount of time. Oh and of course everyone can't find that special someone and settle down right away but if you had control over any of these things it would help control your premium rates.
Single, young males under the age of 25 get the short end of the stick in this deal so if you fall into this category make up for this price increase by purchasing a more sensible vehicle. Consider delaying the purchase of that cherry red Mustang until after you're 26 and married. Another aspect of higher premiums is your driving record. Drivers who cause accidents will pay for it in their insurance premiums. If you're a high-risk driver the insurance company is going to supplement the money lost on safe drivers by increasing the amount you will have to pay. So slow down, leave earlier, be patient and think about how much money you can save every year by obeying the traffic laws. Timothy Gorman is a successful Webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides more insurance information and offers free money saving home, life, health and auto insurance quotes that you can research in your pajamas on his website.
Increasing Sales by Using Coupons - Will it Help Your Business?
3.8 Billion Coupons Were Redeemed in 2003, 4.1 in 2004, Did those coupons come into your store? Where did those customers go? Do you want them back?
Preventing Heart Disease: What to Eat
One important step in reducing your risk of heart disease is to change your diet.
The Key (Board) to Success: Effective Emailing
Email is THE medium of communication for business transactions. Unfortunately, people don't treat email with the same care as face to face interactions. It's ...
All You Wanted To Know About Menopause and Its Prevention
Menopause Symptoms,Prevention and Treatment.
Prepare for YOUR Future now --
Plan for your financial security, first. Each month, put a specific amount into a retirement savings account, as if you were paying your utility bill or mortga...
Five Hot Tips To Get Out Of Debt Forever
This is a simple five step plan that anyone can implement today to begin banishing bad debt from their lives forever and that will allow them to begin taking ba...
Write SMART: How to Create Terrific Writing Goals - And Achieve Them!
Open up your favorite calendar and circle today's date. Why? Because no matter what day it is, you've been given a wonderful gift: a bright and shiny year ahea...
7 Ways To Make You Feel Good Instantly!
How are you feeling now?
What to Do Thanksgiving Day
Thanksgiving Day has finally arrived it is now time to do the last minute preparations, final cooking and welcoming of guests.
Men and Sperm Health
Men - What You Do On A Daily Basis Affects Your Sperm Maturation Process While a woman is born with all the eggs she'll ever have, men produce sperm on a contin...
Communication in Business
Effective communication in business is not about creating the perfect PowerPoint presentation. It's not about writing the perfectly-pitched report. It's not eve...
Your Biggest Mistake When You Create a Website?
Perhaps you are in a non-profit organisation. Why should you create a website? Perhaps you are offering a gardening or plumbing or dentistry service. Why should...
Using Emotion for Persuasion
The other day, I received the last issue of a business magazine before my subscription runs out. Now, I like this magazine, but I'm swamped with reading matter ...
In Leadership, The Eight Ways Of Right Action (Part 1)
Summary: Results don't happen unless people take action. But there are right and wrong ways to take action. Here are eight ways of right action that every le...
Where Are The Punctuation Points In Your Life?
We live in a very busy age with many pressures and demands on our time. Often in workplaces there is a culture of busyness, where it's important to be seen to ...
Housing and Smart Houses; Energy Self Sufficient Possibilities
A stream of thought about energy saving houses and design.
Stock Options: Limited Loss and Unlimited Profit
Many people believe that the stock market can make you rich one day, but also make you bankrupt the next. Well, how eould you like to know about a method of st...
Weight Loss - Attitude Counts
Of course attitude matters when it comes to weight loss. So what should your attitude be, and how do you motivate yourself?
Teak Planters - Accent Your Outdoor Space with One
Do you want to add something to your outdoor space that will take it from beautiful to breathtaking? If so, maybe you should accent your outdoor space with teak...
Retirement is Never Urgent Until
If you're like many people, your retirement savings have not been growing consistently over the years. We're not referring to the wild fluctuations in the stock...
Click Here
"Clich Here" buttons and how they can help boost your sales.
Method to the Madness of Training Seminars
I arrive with about 350 other guys. We smile at each other but really don't talk much. I guess we all feel that we are too good and too proud to be at a sales-t...
ATM (Ataxia Telangiectasia Mutated) Antibodies from Imgenex
ATM, the gene product mutated in the cancer susceptibility syndrome ataxia-telangiectasia, is related to proteins involved in DNA repair and cell-cycle control....
What You Need to Know Before Starting a Low Carb Diet
In the last 12 months or so, low carbohydrate diets have captured the hearts and weight loss hopes of the American public. And why not? These diets promise qu...
|
Print this page