Car Insurance Sort Blog

As the country continues to deal with the current economic strain we all find ourselves looking to shave a few dollars off our current bills.  Car insurance is a great place to discover hidden savings and “trim the fat”.  Today’s post will give you a few ways to take back some of the money you have paid to car insurance companies over the years.

If you’re a new homeowner and you don’t have your home insured with the same insurance company that insures your car you’re missing out on a huge discount.  Even if your car insurance company doesn’t offer homeowners insurance they still give the discount to policyholders to maintain their competitiveness.  Make the call – your car insurance agent doesn’t know you just moved in to your new home unless you tell him.

If you’re not a homeowner and your car isn’t leased or financed you may want to consider lowering your liability limits.  This can save the average consumer $100′s of dollars.  There is not a need to carry $300k in liability coverage if you don’t have $300k in assets to protect.  Consult with your car insurance agent for advice.

Finally, many people with newer vehicles have full coverage – liability, comprehensive and collision.  We all hear that deductibles should be kept as low as possible.  Low deductibles could be adding $100′s of dollars to you car insurance policy.  In order to get maximum savings and avoid taking on additional risk in the event of a major claim ask your  car insurance agent to give you rates with a low comprehensive deductible and a higher collision deductible.  You could even consider high deductibles for both comprehensive and collision to get the maximum savings.  Your deductible should be an amount of money that you can comfortably afford to part ways with in the event of a claim.  Remember, the lower the deductibles the higher the policy premium.

I hope this quick post gets you to give your car insurance agent a call or go online and compare car insurance coverage options.  The money is yours to keep!