- If you have good credit, you'll pay less. Tip: If your credit history is shaky, clean it up as soon as you can.
- Your car model affects your premium. Tip: Search online for the latest top 10 lists on the most expensive cars to insure, and the least.
- Pay in full to avoid installment fees. Tip: Ask about fees for paying in installments.
- That Pearl Jam CD in your car isn't covered. Tip: It's wise to take photos or video of any expensive personal items before they go missing.
- You'll pay for your bad driving. Tip: Ask your company if it has a forgiveness policy and how to qualify.
- You'll pay for your friend's bad driving, too. Tip: Don't lend out your car.
- The value of your "totaled" car may surprise you.
- Check into "diminished value."
- You may not owe sales tax on your replacement car.
- Hit by an uninsured motorist? Try to "stack."
- You can wait to add your teenager to your policy until he or she is licensed.
- You must officially cancel your insurance policy when you switch insurers.
Sunday, April 22, 2007
12 secrets your car insurer won't tell you
Getting a good deal on auto insurance is hard enough. Keeping your premiums from rising? That can feel like playing a game where the rule maker refuses to tell you the rules. I found this list of tips to help you save: