Key Tips to Save on Auto Insurance

There are more ways than we can ever imagined before which can easily help us to save thousands of bucks on our auto insurance per year if only we can be more cautious in terms of spending, and be assured that they are spent wisely and appropriately.

Here are a few key tips which I have compiled and summarized here to share with those who wish to save for their rainy days:

a. Get the low mileage discount:
- Options such as car pool, take the bus, or cycling to work are good options which we need to opt for as an alternative to car driving. One will be able to get a special discount on low mileage if your annual mileage is below 10,000 miles. The low mileage discount can range from 10% to 20% depends on different areas and states.

b. Hybrid discount:
- Some insurance companies offer hybrid discounts to their customers who own hybrid vehicles which is more fuel efficient and ecology friendly, that is the reason why they cost less to be insured.

c. Multi-policy discount:
- Combine your home, motorcycle or any other types of insurance with your auto insurer and get a discount from your insurance company. Normally one will be able to get some 20% discounts for this.

d. Discounts for anti-lock brakes and airbag on your vehicles:
- Insurance company encourage car owners to safe guard their vehicles as best they can. Thus safe cars are cheaper to be insured because of the added safety features they have been equipped with and normally these types of vehicles are not of theft's favorite.

e. Increase ( or at least sustain) your good credit score:
- Avoid violation of any traffic rules or tickets, follow traffic regulations and policy and be obedient on the road
- Good credit score will lower your insurance rate, while any violation of traffic rules will affect your credit scores and therefore will lead you to a higher "penalty" to pay higher insurance rate.

f. Don't let your policy lapse by discontinuing some of the monthly payments:
- In fact, missed payment is illegal in some of the countries, and in fact it can badly affect your credit score by all means and it will be making it more expensive for yourself to get a new auto insurance in future because of your incredibility.

g. Brilliant students:
- In order to motivate academic excellence, some insurance companies provide 'Good student Discount" in high school and colleges for students which have done better than average, with a certain GPA mark to be fulfilled. To the society, good students tend to become a better driver in the future with great responsibility in the road for their own safety and other road users too.

h. Switch to Deductible:
- If your vehicle is less than 5 years old, then getting a deductible of $ 500 or $ 1000 is worth-while as compared to one with a deductible of $ 5000 and above which will easily save you at least 20% of your comprehensive auto premiums.

For more information about auto insurance reviews and auto insurance rates, visit AutoInsuranceEssentials.com.

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