Auto Insurance can be a big part of your budget. So, we’ve put together 5 tips to think about when purchasing your new automobile insurance policy.
5. Combine your Home and Auto with the Same Insurance Company.
Pretty simple we know, but it works. Sometimes known as “Bundling”, most insurance companies offer savings of 5% to 12% on each policy simply by purchasing them together. This could mean big savings on a personal auto policy. Pay attention to your overall cost of insurance for home and auto, you may still save even if the new insurance company’s Home policy is a little more expensive than what you’re paying now.
TIP: If your home and auto do not renew at the same time, quote each of them together to potentially save Big – (5% to 12% on the policy).
4. Quote at Least 2 Cars on Your Auto Policy.
When putting two or more cars on a personal automobile policy, you may be eligible for a Multi-car discount. For most people this works out to between a 10% and 30% discount on each car. So, for couples with 2 different auto policies (with one car on each policy) it works out to a good savings to combine them.
TIP: If you have two or more automobile policies in the household by related occupants, consider quoting all cars and drivers on one policy for a multi-car savings (10% to 30%).
3. Manage Who Drives Each Car
Who drives a car can have a huge Impact on your automobile premiums. If you have highly rated drivers (Youthful operators, Drivers with Accidents, Tickets or more…) consider limiting them to drive the lowest rated car in the household. For Example, if your 17 year old son is not allowed to drive your prized Corvette, make sure he is not the Primary rated driver on that car. Instead, it might be better to have him drive the pickup on your policy and have him rated accordingly. Not every insurance company allows this. But, with those that do, you could save big.
TIP: Take a look at your current automobile policy to determine how the drivers are rated on each car. You may be eligible for savings by correctly placing them on the car they drive.
Double Tip: An iSCHURING agent is available to help you get this right!
2. It all Starts at the Dealership
Before you fall in love with that next automobile, take a second and look the field over (sounds like College-right?). When shopping for cars, it is really easy to get stuck on just one brand and/or model for your next purchase. But, this can lead to an obnoxiously high auto premium compared to a similar model. Not too long ago there were two intermediate sized SUV’s that were very similar to each other in each way (price, style features, etc…). For the average buyer, it was a flip of the coin on which one should be their next car. But, when you looked at the 6 month auto premium on each of them, one of them was almost double the other! This was not about the insurance company (almost all companies rating the second SUV higher). Instead it was about specific weaknesses in the second vehicle that caused it to rate higher.
TIP: When it’s time to purchase your next automobile, pick out several cars you like and see the insurance rates on each of them before you purchase. You may be surprised how easy of a choice which vehicle to purchase is! As a Bonus, you’ll save big on your insurance.
“I” Tip: With ISCHURING.com you can compare rates 24 hours a day until you find the right car.
BONUS “I “Tip: OK, you’ve made up your mind, you’re going to buy the car of your choice regardless of insurance cost. Nothing else will do, except that car. It’s OK, iSCHURING can still help you save on insurance. By putting your information in once, ISCHURING.com will get you up to 4 quotes on your new ride to compare and purchase. This way, you save time shopping for auto insurance (ugh) and more time deciding what color of leather seats (yes!).
1. Save Your TIME with Auto Insurance using iSCHURING.com!
Yep, a little self-serving we know. But, it’s true you can save money by using iSCHURING.com. Putting your information into several web-sites or calling several companies takes a lot of time trying get multiple quotes. Our single entry rating system INSTANTLY gives you MULTIPLE quotes from our insurance companies. This allows you to see the difference in pricing between insurance companies (for your unique needs) fast. What’s better is you can purchase the right coverage all in one place.
TIP: In the time it takes to get one quote, you can get 4 INSTANT quotes at iSCHURING.com
Double Tip: An iSCHURING agent will be available to help with making your new automobile policy the best value possible.
iSCHURING’s Resource Center provides an overview of the topic, rather than an in-depth review. When deciding how this information applies to your specific situation, we recommend discussing with an iSCHURING licensed insurance agent. Any information provided at iSCHURING may also need to be reviewed by an attorney or tax consultant to determine the best course of action for your unique situation. No information may be copied, reprinted or otherwise reproduced without the expressed written consent of iSCHURING.com.