Comments on: Money Saving Tips for Auto Insurance!

By: Irfan Qureshi

Irfan Qureshi — Fri, 06 Aug 2010 08:57:06 +0000

My son and daughter have just acquired their driving license, age 22 and 19 respectively. Both of them are university students. Any tip on reducing their auto insurance is welcomed.

By: Austin Auto Insurance

Austin Auto Insurance — Thu, 01 Jul 2010 21:18:43 +0000

Hey thanks for those tips, seriously helpful. Especially if you get an auto insurance quote every now and then just to see if you can reduce your rates!

By: chevy 350 engine

chevy 350 engine — Thu, 01 Jul 2010 05:25:21 +0000

With many years of experience and expertise in the field of Chevy / GM motors – you will be delivered a high quality engine that we are willing to stand behind for 7 full years – 70,000 miles!

By: Allyson

Allyson — Thu, 13 May 2010 06:42:20 +0000

Thanks for the information Frugal. These tips really save money for auto insurance. The insurance company offers scheme/policies such as ‘pay as you drive car insurance’ which really saves money on insurance where we need to pay only when we drive. This is really a good idea and good scheme for those who can pay insurance only that drive their car often and can also insure car for single day or for 28 days who borrow or rent a car for relatives or friends. This will help in saving money on car insurance. The tips are really very helpful in saving money on auto insurance.

By: Jeff Meyer

Jeff Meyer — Fri, 03 Jul 2009 18:26:48 +0000

Can anyone reccomend a “HIGH RISK” insurance company , or a broker twho deals with such companies?

It’s been 2 years since an accident, but I have 2 acciedents 3 years ago (at fault) and I am dishing out 400$ a month to drive!

i’m with Economical (Perth) insurance now…

would apprecaite if anyone has some good experience being in a similar situation!

even just for shopping around purposes as the online quote systems always fail after you say you have 2 accidents.

thanks so much!

regards,
Jeff

By: Insurance

Insurance — Thu, 18 Dec 2008 23:45:59 +0000

Hey Y’all

I have 2 cars, 1 house and life insurance from Co-operators. Before my wife and I bought our house we only had car and apartment insurance(apartment through CAA). However, once we added 2 life insurance policies and our house insurance, the savings in combining 5 policies(2 life insurance, 2 cars and a house) pretty much paid for the house insurance. So bundle up all insurance products with one company.

By: Aqorps

Aqorps — Sat, 13 Dec 2008 20:41:51 +0000

Well having seperate winter tyres for your vehicle might save you up to 5% That’s what I have seen..

By: Term Insurance Pro

Term Insurance Pro — Mon, 01 Dec 2008 16:52:10 +0000

You mentioned home owner’s insurance in this article too, and I determined to double my deductible. I figured that every 6 months I didn’t have a claim I’d be saving money. So hopefully my bet comes through.

By: DAvid

DAvid — Sat, 05 Jul 2008 14:45:19 +0000

Paulette,
While you not owning a car is admirable, it is not a possibility for many folks. Thus insurance savings are an important aspect of their financial plan.

DAvid

By: paulette

paulette — Sat, 05 Jul 2008 13:52:34 +0000

Nowadays i would prefer investing money in the bank rather than purchasing a new car. Or if ever i have a car i will sell it.The price of gasoline is going sky high.

By: Super_Eleni

Super_Eleni — Sun, 15 Jun 2008 22:59:24 +0000

My tip is to call your insurance company every few months and see if they have any new discounts you may qualify for.
Recently I called them up to get a few quotes on cars I’m considering buying, and while I was on the phone with the sales agent, she asked me a few questions. It turns out that I qualified for a discount because I had been living with my boyfriend for over a year. She reduced my current premium by $10. per month. Not too shabby.
I just wish they had a list of all the possible discounts available out there.

By: keko

keko — Fri, 09 May 2008 00:54:12 +0000

Insurance Companies want you to buy two Million in Liability ,I would appreciate comments on this?

By: sharebear99

sharebear99 — Thu, 20 Mar 2008 23:27:10 +0000

If you car is worth more than $2000 I believe it is important to have comprehensive coverage.

The rate reduction would be about $100 a year if you opted for collision instead. The slightest damage on most cars will cost more than a $100. Even if you are a good driver, the chances are that the guy besides you is not.

We have had a record breaking snowy winter. There have been more accidents than in past years.

By: Louis

Louis — Sun, 30 Dec 2007 08:30:38 +0000

If you’re in BC and have auto insurance through Canadian Direct, you can save 10% on collision coverage by enrolling in a discounted collision avoidance course. So you save on insurance and upgrade your driving skills.

http://www.canadiandirect.com/More_Ways_to_Save.aspx

By: Bhasi Basandra

Bhasi Basandra — Thu, 06 Dec 2007 03:04:56 +0000

I like the idea to get more deductable in collision and comprehenceable compare to less. It is right to have more deductable because driver save money if he is not at fault. Even if he or she is at fault extra would not effect him or her. It is because he is alredy saving some money from insurance. Think yourself.

By: Cannon_fodder

Cannon_fodder — Sat, 27 Oct 2007 16:53:49 +0000

Last year our insurance company offered us an option to pay $50 for protection against premium increases should either car be involved in an accident claim.

We only took it on the one vehicle and sure enough, we had the slightest of ‘accidents’. Frankly, I think the other driver was looking to scam my wife because the way it was described there should have been no damage to a 1 km/h bumper to bumper hit.

Anyway, our premiums went down this year and that $50 was probably the best $50 for insurance on insurance we’ve ever spent.

By: Ask the Readers: Favorite Frugal Tip? - Million Dollar Journey

Ask the Readers: Favorite Frugal Tip? - Million Dollar Journey — Sat, 04 Aug 2007 07:31:45 +0000

[...] Save Money on Auto Insurance [...]

By: hard2insure

hard2insure — Fri, 01 Jun 2007 03:37:53 +0000

I have to agree with Mike, about Peter.
Once accident a year is way too many, especially if you’re looking to save money on car insurance. If you have a crap car, liability is all you need, but with a nice new car than you’re going to need a lot more, but it also depends on what you as individual can afford if and when you do have an accident.

By: Festival of Frugality #75 ? Get Rich Slowly

Festival of Frugality #75 ? Get Rich Slowly — Tue, 22 May 2007 18:03:20 +0000

[...] Saving money on transportation FrugalTrader isn’t on a frugal journey — he’s on a Million Dollar Journey, and he has money saving tips for auto insurance. [...]

By: FrugalTrader

FrugalTrader — Wed, 28 Mar 2007 15:07:05 +0000

Hey CAD$

Thanks for the tips, I didn’t know about the credit record tip, i’ll have to look into it.