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June 15, 2009

Car Insurance: 5 Ways to Stretch that Dollar

Let’s face it: a dollar simply doesn’t go as far as it used to. Where we used to spend $25 to fill up our gas tank it now costs $35 or $40. That half-gallon of ice cream is now 1.5 quarts and costs double. What is a financially savvy woman to do? Well, one of the easiest places to save money is in the garage: save money on your car insurance.

20_dollar_billsStop Paying Monthly Fees!
We’ve all been there—looking at the monthly bills and wondering how they’ll all get paid. If you’d like to eliminate one monthly bill, pay your car insurance in one lump sum, once a year. If you pay your car insurance bill every month you’re most likely paying extra fees. Think about it: even just a $9 per month fee adds up to over $100 a year. That’s a lot of groceries.

Stop Paying Double for Extra Services
No one wants to be stranded on the side of the road with a dead battery. That’s why you took Mom’s advice and signed up for a roadside service. But are you sure you’re not already paying for roadside assistance through your current car insurance policy? Save money by checking the details of your car insurance policy—why pay double for services or coverages?

Side_airbagDon’t Sacrifice Safety for Savings
Keeping the family safe takes priority over saving money, no question. But did you know all those safety features you insisted be included in your car—such as air bags, antilock breaks and car alarms—could be saving you money anyways? Many car insurance companies offer discounts for safety features. Check with your insurance provider to see if your safe car qualifies. 
 
Good Driver/Bad Driver: You Both Can Save Money
Whether you have accidents and tickets on your driving record, or have a sparkling clean driving record—you could be paying too much for your car insurance. If you have tickets on your driving record, try to take traffic school. Attending traffic school can dismiss some tickets and earn you a lower car insurance rate. If you are the driver with the spotless driving record, you may qualify for good driver discounts.  If you haven't had any accidents or tickets in the last 3-5 years, you're probably eligible for good driver discounts.

Shop Around for the Best Car Insurance Rates and Save
Perhaps the easiest way to save money on your car insurance is to compare multiple car insurance rates. Life changes everyday and the rates you are paying now may not reflect your current situation. The AskPatty Car Insurance Center is a great place to compare multiple car insurance quotes quickly and easily. Compare quotes today.


Insweb_logo Article provided by InsWeb

Gina_Scott_Insweb Gina M. Scott is a Web writer and blogger for InsWeb. She has worked as a Web writer and journalist for three years, covering a variety of topics such as technology, government, and cyber security, since graduating from Sacramento State University with a BA in English—professional and creative writing. She now specializes in auto, home, term life, health and other insurance topics for www.InsWeb.com. Born and raised in Northern California, Gina enjoys traveling and creative writing.

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nice info..now I know

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