Tuesday, April 14, 2009

How to save money on Car Insurance:

Let's take a look at a couple of ways you can save money buying car insurance.

1. Keep your credit score high. Like it or not, insurance companies use credit scoring as one factor in the price of car insurance. Pay your bills on time. Pay your credit cards in full each month. Those are just a couple of ways to help your credit score.

2. Multi-policy discounts. Check to see if the company that insures your home can also insure your car. Many times you can save 15% to 20% by having both policies with one company.

3. Pay your car insurance in full every six months. Some companies offer a substantial discount if you pay for 6 months worth of insurance at a time. If you chose to get bills each month sign up for EFT as the billings fees are a lot less each month.

4. Use an independent agent. If you think you are getting the best deal from someone who sells insurance from one company, think again. Independent agents do the shopping for you.

I'll have more hints in the future.

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