| Spend Less Time Behind The Wheel To Save Money On Car Insurance |
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| Written by John Gaddy |
| Thursday, 08 July 2010 10:26 |
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In case you are like countless other consumers in the United States, you're probably pinching some pennies right now. During these difficult times, almost everyone is trying to find imaginative approaches to conserve some money. Here's one way to hold onto your money: consider walking to your job or even the mall instead of driving. Not only will you cut fuel costs and get some workout-you can also be eligible for an invaluable reduction on your car insurance rates.
If you're like countless other individuals across the nation, you are pinching some serious pennies right now. In these tough economic times, almost everyone is looking for imaginative strategies to save a few money. Here's one method to hang onto your dollars: think about walking to the office or the store rather than taking the car. You'll cut gas costs and get some exercise-you can also qualify for an invaluable reduction on your car insurance rates. Drive less, save more Many insurers offer what's referred to as a "drive less, pay less" insurance policy for motorists that accrue lower than common mileage on their cars every year. Based on your insurance provider, you could cut your premiums up to 18 percent in the event you drive fewer than 7,500 miles a year. Nonetheless, these types of plans can be purchased only in a few states. If you are looking to fatten up your pocket book, talk to your insurance company if you are eligible for this cheaper coverage. How does it work? The "drive less, spend less" policy differs with each and every insurance company. Even though some insurers will accept your statement on your yearly mileage, some demand evidence. Then there are insurers which offer even larger discounts-but they closely monitor their insureds. For example, at least one carrier expects an OnStar membership to sign up on the drive less plan. Even though an OnStar membership costs just $19 monthly, you could save up to 54 percent on your car insurance policy should you drive under 15,000 miles per year under this plan. By carrying out a quick cost benefit analysis, quite often it's worth the additional $19 a month. A different carrier offers an alternative to set up a tiny, wireless unit in your car to observe your mileage as well as your driving routines. Although it may be a little strange to be aware that "Big Brother" is constantly watching, you could save plenty of money with this policy. If you want to stay away from expensive car insurance, check with your insurer if they provide a "drive less, pay less" policy. Otherwise, you may think about changing to a company which has these cheap auto insurance. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. If you are worried about locating the best car insurance, be sure to visit our website. Lots of tips are available on obtaining the best auto insurance prices. |