Car Insurance - Information You Can Use |
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Clint Dixon
22 August 2012
Keeping your car insurance down to reasonable and affordable rates can be accomplished. When you are young and don't have a lot of driving experience, car insurance companies are going to charge much higher rates. Driving an expensive car with a fast engine at a young age is only going to increase your insurance rates even higher. Buy a value car that is lower in power, to keep your car insurance rates down. A car that is worth less money is going to cost you less money. Sports cars are going to be very expensive to repair, so the rates for these will be much higher. The rule of thumb here is that if you are a new, young driver, low value cars are going to cost you a lot less.
Age is a huge factor when it comes to car insurance rates. Typically, the younger you are, the higher your rates will be. Why? This is because youthful have the belief that nothing bad will ever happen when they are driving, and because of their driving inexperience. Every single driver safety course you can take as a driver, will help to reduce your car insurance rates even by five to 10 percent. There are advanced driving courses and defensive driving courses that can help out with car insurance rates.
The more time goes by with a specific insurance company and no record of claims, the lower your premiums will go down. If you prove that you are a good customer with no claims, you won't be a high risk. Some insurance companies offer no claim bonuses to customers so it's important to try to keep that up and pay less.
Insurance companies are less likely to give good rates to those who have convictions on their record. That's not to say that a minor speeding offense is going to carry the same weight as a murderer, so if you just have a few points off your driving record it will not be a big influence on your car insurance rates.
Believe it or not, if you store your car in a garage your rates will go down. Most people asked don't even store their cars in a garage and instead use them to store kid's bikes, toys, freezers and home gyms. The garage actually puts a physical barrier between your car and the car thieves. If you park your car in the garage all night and let the insurance company know this, your car insurance rates will be lower.
Most cars now come with some type of alarm or anti-theft device. If you let your car insurance company know you have one and let them check to see if it meets the approved standards, they can apply discounts to your insurance rates. If your car doesn't come equipped with anti-theft devices, you can use manual ones that attach to the steering wheel or the gear stick that will help. Some of these are also approved for insurance discounts so check with your car insurance company before you go and buy one.