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Friday, September 11, 2009

Automobile Insurance -- Spend Less With These Tips

By Chimezirim Odimba

It's easy to find very cheap quotes and pay much less for the right auto insurance coverage the moment you know the steps to take. I'll reveal a number of steps to take if you want huge discounts that won't put you and yours at risk...

1. If you work for a large company you should be entitled to a group discount. In an effort to attract workers in big organizations, insurance companies often offer them a group discount.

2. Take part in a defensive driving class. In addition to the fact that they will improve your driving, they will show your insurer that you're taking active steps to reduce your risk level.

3. As an under twenty five, you can pay lower automobile insurance premiums if you use your parents' policy. The fact that you're of driving age means that your parents are of a better risk age bracket.

You have to bear in mind, though, that the car must be registered in their name and you must be living with them if you want to take advantage of this option. This means that they legally own the vehicle. If the benefits of "independence" outweigh your auto insurance savings then this is certainly not alternative for you.

4. Belonging to certain professions will cost you much more for auto insurance. Scientists are the cheapest to insure while business owners get the highest rates. The reason for such concessions is that certain occupations have been seen to be better risks.

If you want to find out where your vocation belongs and what to do, ask your agent. Just note that each insurer might maintain a slightly different position.

5. You can lower your auto insurance premium by asking for and comparing quotes from at least five good quotes sites. - 21392

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