Is it possible to buy good cheap auto insurance and what does that mean exactly?
Are you trying to figure out why your premium is so high with your current insurance? There is no need to worry because you can find good cheap auto insurance. The quality itself is not cheap but it will be on your wallet. The first thing to do is start shopping around to obtain some new auto insurance quotes.
Everyone's definition of cheap varies depending on what amount we consider to be very little. Many consumers in 10123, NY are under the impression that the days are over of spending little money for anything good. When consumers buy something, most think they have to spend more money to get better insurance but that is not the case.
When shopping for insurance ask the agent how much money can you get off of your policy of you added multiple cars. That would help you get cheap insurance but keep the quality of your insurance the same. Also, when establishing your coverage stay with a yearly policy that will lock in your insurance rate for a year as oppose to the rate changing after 6 months. This also is helpful if you get into a fender-bender and it's your fault. Your policy will not increase in the middle of the premium so you get a break and a chance to shop around in case your insurance company increases your premium.
Another way you can get good cheap auto insurance is to re-check your mileage. If you're really concerned with cheap insurance try working closer to your home. The less mileage you put on your car during the year the less risk you are to your insurance company. On the other hand, you still need to get comprehensive and collision coverage but lower your liability and medical coverage. Only do these things if you are having a hard time paying for your premium. One of the things you will notice is the savings.
If you are really into cheap auto insurance than watch your credit rating. If you didn't know before then you have now been informed that your credit score has an impact on your insurance ratings so keep your credit score clean. If your credit score is low but you need insurance try looking for an insurance company that is not going to check your credit.
You may be a high-risk client but there is no need to worry. There is still cheap insurance out there for you. It may not be the coverage that you want but at least it will get you on the road rolling again. If you receive quotes that are offering premiums too high for you to pay you always have the option of contacting your state insurance commissioner.
Most importantly, select a high insurance deductible and reduce coverage on older vehicles. The savings by increasing your deductible to say $1,000 from $250 are significant. This can save you hundreds of dollars off your insurance premium. If you have an older model car than reduce coverage because the savings are tremendous as well.