Tips to Help Bring Down Your Car Insurance Costs, While Keeping Coverage

Car insurance. It might be a hassle, until you actually need it. That’s why we all pay our premiums, year after year — still hoping we never get into an accident and have to use it.

Some are paying more for their insurance than others. It’s the boys. That’s right. Males — young males in particular, typically pay more for their car insurance than female drivers. Why? Well, males are usually involved in more car accidents, according to studies throughout the years.

The bottom line is that single males under the age of 25 pay the highest rates.
“Men traditionally have been paying more for decades,” Loretta Worters, a vice president with the Insurance Information Institute (III) says.

Getting an insurance policy might be a bit confusing. There are so many different kinds of coverage and so many different policies. Some might even think that they want an attorney present to help sort out the details. Well, our Asheville car accident lawyers are here to help you with a few tricks to help bring down your insurance costs. There are actually a number of discounts that you can use to save money.

One of the easiest things that you can do for a discount is age. That’s right, just get older. Once a driver turns 25, their cost of car insurance goes down. Insurance companies have evaluated a number of studies and have found that drivers face lower risks for car accidents as they age. Drivers who are under the age of 25 typically have the highest risks for car accidents.

Tips to Lower Your Car Insurance:

-Know the coverage types and which will work best for you.

-Remember that your vehicle affects your premiums. These costs are usually based on how expensive it will be for your car to be repaired should it be in an accident.

-Insurance companies set their rates based on their own experience. If Company A has more theft and collision claims for a particular vehicle than Company B, then A will charge more for the same coverage.

-In many states, insurance companies set their rates by zip codes. If you live in a major city like Los Angeles or Chicago, you will probably pay more than if you lived in a suburb nearby.

-You want to figure out how much coverage you’ll actually need. It is dangerous to be underinsured. Without insurance, your financial well-being is jeopardized in the wake of an accident. The minimum amount of insurance required in your state is seldom enough.

-If you drive less than 7,500 miles a year, you can get a discount for that!

-Shop around! Different companies will charge you different rates. Know the companies with the best coverage for the best prices.

-Be a good driver. If you’re successful at staying out of an accident and avoiding traffic tickets, then many companies will award you. Bad driving is expensive. The safer you can be on the road, the lower your premiums.

If you or someone you love has been injured in a car accident, contact Lee Law Offices, P.A. at 1-800-887-1965 for a free and confidential consultation to discuss your rights.

More Blog Entries:

Drivers Behaving Badly, Even Without Cell Phones, North Carolina Car Accident Lawyers Blog, August 23, 2012

“Booze It & Lose It” Campaign Busting Drunk Drivers through Labor Day, North Carolina Car Accident Lawyers Blog, August 19, 2012

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