One of the many items of expenditure in most families that can save money is on the car insurance. Frequently through overlook or misinformation, we are not worried enough about the insurance of our vehicles and that is a clear failure of the balanced home budget. Insurance can be a key element in combating the predicament, since it is not very difficult in many cases to cut cost without lowering our coverage.Fortunately, there are several ways to save on auto insurance.
Although methods below will not prevent you to pay sky-high prices, they are proven methods that could cut hundreds of dollars from your premium:
• Drive an old car daily:
Surely not to draw attention, driving a Ford Escort 1993, compared to a 2003 Corvette, but you save a lot of money on your auto insurance policy. The steel-made cars are cheaper to repair than sports car made with fiberglass. The rate of injuries and thefts is also lower in the Escort than in a sports brand. Furthermore, if your car is worth $3,000 or less, you can choose to remove collision insurance on your policy. The older vehicles save money due to the fact that they do not need coverage for physical damage (to the vehicle): That alone can add up to save hundreds of dollars a year. Continue reading Tips to save money on Auto Insurance: