cheap auto insurance
If you’re one of the many people in the US who lives in a no-fault state, cheap auto insurance rates are something that you should be aware of. In many states, an accident with a no-fault vehicle is the most financially damaging citation you could receive, even more so than a DUI. However, if you’re ticketed because of a car accident, finding cheap auto insurance quotes can be downright difficult. Finding a reputable company that provides inexpensive coverage that covers minimal fault for accident related injuries and damage is key to having a safe and enjoyable driving experience. One way that auto insurance companies offer discounts for those with lower incomes is through what’s called a “standard” policy. Basically, this means that each time your automobile is in an accident, you are granted a certain amount of money based on your credit score. If your credit score is high, then you will probably have a lower deductible and fewer accidents. The opposite is true for those with lower scores. If you have a low credit score, you may not be granted as much money for your premium. This is why it’s important to ask your agent or company whether they apply discounts for different credit scores and deductibles.
The next thing you need to know is whether or not you qualify for a discount. This will depend largely on the circumstances surrounding the accident. For instance, if the accident was caused by a distracted driver, you may qualify for a discount. Or, if the driver in fact has been drinking, there’s a good chance you could be eligible for a discount based on the fact that you have an alcohol awareness program in place. The type of discount also depends on the type of car that you own, as well as the age, sex, and experience of the other drivers in your area. What factors go into determining discount amounts? Like most auto insurance products, there are many factors that go into the determination of what your rate will be. You could for example, have a clean record or no claims. Or you could also have a safe driving record, which will reduce the likelihood of an accident, although this may not negate the loss of your premium.
cheap auto insurance options
So, let’s say you already have car insurance. What can you do to get cheap auto insurance? If you are young and haven’t had any accidents or tickets, then your premium may be too high. Some auto insurance companies will discount your premium based on your credit rating. In order to receive this discount, you’ll probably need to take a qualified driver training course. One final way to obtain cheap auto insurance is to buy a car that will save you money in other ways. If your car is worth less than the amount of the insurance deductible, then you can drop some of the coverage. For instance, cars that cost less than $20 per day are often exempt from deductible coverage. And some companies will also give you a larger deductible, so that you will save on auto insurance. These are only a few suggestions, but they will at least give you an idea of where you stand. Call us today for a cheap auto insurance quote.