by Rupert W Bradson » Tue Jul 14, 2009 08:39 am
My last column was a look at how to save money on homeowners insurance. Today we review how to save money on your auto insurance since there has never been a better time to save rather than to spend money.
The business of providing insurance is based is essentially on the premise of sharing the risk to insure you, your vehicle and your passengers in the event of a traffic crash. There are direct and indirect ways to save money related to how that risk is calculated.
It’s really all about your vehicle and you from the beginning. Insurers must know what type of vehicle you drive, your age, your address, and your driving record for starters.
Vehicle - The more expensive it is to repair a vehicle or to total it after a crash, the more the policy costs. How you use your vehicle is a factor as in to and from work, to school and home or for your business. Of course, a more expensive vehicle may also have more safety features, which could be a mitigating factor for assessing risk and its cost.
Age – Statistics show that different age groups present different levels of risk and claims experience. Drivers under 21 and over 75 as a group generally have more accidents, compared to other age groups.
The business of providing insurance is based is essentially on the premise of sharing the risk to insure you, your vehicle and your passengers in the event of a traffic crash. There are direct and indirect ways to save money related to how that risk is calculated.
It’s really all about your vehicle and you from the beginning. Insurers must know what type of vehicle you drive, your age, your address, and your driving record for starters.
Vehicle - The more expensive it is to repair a vehicle or to total it after a crash, the more the policy costs. How you use your vehicle is a factor as in to and from work, to school and home or for your business. Of course, a more expensive vehicle may also have more safety features, which could be a mitigating factor for assessing risk and its cost.
Age – Statistics show that different age groups present different levels of risk and claims experience. Drivers under 21 and over 75 as a group generally have more accidents, compared to other age groups.
Posted: Tue Jul 14, 2009 12:52 pm Post Subject:
It's true that costlier vehicles have more safety equipments, and this certainly affects their insurance costs. Moreover, different state guidelines influence your personal insurance budget. So, it's better that one should have the respective state insurance instructions in his or her finger tips. Steven
Posted: Fri Jul 15, 2011 05:32 pm Post Subject: YODAvjJpkjiJwEkRLx
Got it! Thanks a lot again for hepilng me out!
Posted: Sat Jul 28, 2012 06:57 pm Post Subject: rITNQtZGcENA
You can do some research on the top coainmpes, but the main question is what kind of auto insurance are you looking for?Are you looking for full coverage? which will cover everything from you hitting another car, motorist.,.. property or someone hitting you.Hope this was helpful!
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