Cheaper Auto Insurance — Tips To Save More

Do you know that you might be losing money if you have a car that you've not used for months? Do you have a broken car? Have you removed it from your auto insurance policy?

Simple as this looks a lot of people end up paying thousands in unnecessary premiums because they don't remember to remove such cars from their policy. If you made this kind of mistake then you can save yourself a lot of bucks by quickly removing an unused car or cars from your policy.

You will get discounts with a number of insurers if you're part of an auto club. Don't allow the size of the discount this may offer stop you from taking advantage of it if such a club suits you.

Don't try to give false information in your bid to get cheaper rates. State things just the way they are. False representation is fraud and affects everyone's auto insurance rates negatively.

Furthermore, an insurer has the right to cancel your policy if you give false details.

You'll then lose in a very big way. Insurers increase your rates by a good margin once you've let your policy lapse or had it cancelled for reasons like this.

It's been estimated that insurance fraud adds up to $1,500 to the average family's insurance premium annually. You can help reduce this to our collective advantage by being truthful when completing your application form and if you ever have to file a claim.

Stay claims-free for more than three years and most insurers will give you a special discount. Remember, this does not mean you might not have any cause to make a claim but that you did not file one. Therefore, if it's a minor case, handle it on your own. What you'll gain from a No Claims discount will certainly outweigh it.

Using your parents' auto insurance policy is another alternative for you an under twenty five. If you are of driving age, then your parents certainly are far above 25 years which means they're better risk drivers.

To take advantage of this though, you will have to live with your parents and also have the vehicle registered in their name. If you do not like the idea of giving the car's ownership to them and other stuff that may be attached to that, then you'll have to forego this option.