Tips for Keeping Car Insurance Rates Low
Aside from avoiding being in an accident, there are ways in which car insurance rates can be kept low. However, you sometimes have to be the vigilant one when it comes to finding ways to keep your rates low. In other words, you have to remind the car insurance company that there has to be some way within their system that will allow you to keep a few more bucks in your pocket. This is usually what prompts them to look and see what it is they can do for you, especially if you tell them that another company has got a knockout deal that you would love to take advantage of. That will usually get them up on their toes and make them look for a solution for you.
Discounts
Insurance companies have discount programs for individuals who meet certain criteria. These discounts can usually save around 10% on ..
1. Good grades for students
2. Member of an association like AARP – Military – Banks/ Credit unions and Fraternal organizations
3. Combining coverage, like house and auto policies with the same company
4. Good credit scores usually mean cheaper rates
5. Raising your deductible amount, super easy and has a big impact on premium
Drunk Driver Insurance in Houston – How Much Is It?
Reader’s Question:
My boyfriend was driving my car over the past weekend. He got pulled over for speeding and also received a drunk driving violation (DUI) and driving without a license in Houston. How will this affect my auto insurance rate?
Kelly
Houston, TX
Generally, any tickets your friends receive while driving your car will not affect your auto insurance rates. The tickets for speeding, drunk driving and driving without a license should all have been issued to your boyfriend, the driver, and not the car, so typically will show up on his driving record and affect him.
If your boyfriend had an accident while driving your vehicle it would have affected your auto insurance since most likely it would be your insurance that would have to pay out on claims resulting from a crash.
Does Inexpensive Car Insurance Equal Low Liability limits?
Before you try to decide what the right amount of coverage should be. You first need to understand what Automobile Liability Insurance covers. There are always two factors that make up liability coverage. There is bodily injury and property damage liability.
Bodily injury liability covers injuries do to a car accident.
1. First Aid at the Accident
2. Doctor bills due to the accident
3. Money for lost wages
4. Final expenses
5. Lawyer Fees
Property Damage Liability covers the damage that is sustained in an accident:
1. Structural damage to homes, storefronts, etc.
2. Repair or replacement costs for other stationary objects
3. Car restoration or replacement expenses
So, what coverage limit are right for you? Every state compiles there minimum guidelines individually. 15,000/30,000/15,000 is the minimal norm but that may vary from state to state so check your state guidelines. You might have noticed that there are three coverage figures and not two. This ..
Houston Car Insurance For First Time Driver
Q. I am only 17 and live in Houston and want to buy a new car next week, what do I have to pay for car insurance? I heard it will cost as much as the monthly car note?
Daniel in Houston
A. You’ve just bought your first new car and now you need to get car insurance for that vehicle. You?re not sure what to do and you want to make sure you get the most affordable rate. You don?t want your lack of knowledge to cause you to have to pay more for your car insurance than what you have to; especially since you need to put very expensive fuel in that car to keep it running.
Fortunately, lack of knowledge doesn’t have to get in your way. There are some basic things you should know about buying car insurance for the first time. They are not difficult and you?ll find that the difference between knowing these things and not knowing these things means more money you can keep in your pocket or use to put fuel in your car. It doesn’t matter how you choose to use that money.
Some discounts and tips for lower rates
1. Good grades for students
2. Good driving history – no prior accidents or tickets
3. Good credit history – you pay your bills on time
4. Member of a credit union or bank
5. Military personnel
6. Raise your deductible amount to as high as you can
7. Combine other insurance together with the same company like home and auto
8. Pay in advance, some carriers will lower your rate if you pay a year in advance
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