Are Auto Insurance Discounts Really Available?

When you watch commercials or look at banner advertisements for auto insurance companies, you likely see people talking about the discounts that they receive or a representative promising that their company offers the largest discounts. Many people compare these advertisements to their auto policies, however, and start to wonder if the ads are made up primarily of hype. Are there really a large number of potential auto insurance discounts out there? And if so, how do you find out if you qualify?

If you are trying to determine if you might qualify for one or more auto insurance discounts, there are a few things that you can ask yourself. Do you own more than one vehicle? Do you have more than one type of insurance, such as auto as well as homeowner’s or life insurance? Does your car have anti theft devices or safety features such as airbags and anti-lock brakes? Have you ever taken driving courses or do you make good grades in school? Have you been accident free for five years or more? If you answered yes to any of these questions, then you can likely see a significant discount in the price of your insurance policy.

These are not the only discounts available for your auto policy, but they are some of the most common. In order to find a complete list of discounts offered, you will need to contact each company specifically. If you meet the criteria for any of these auto insurance discounts, however, it is well worth your time to go online and fill out applications with different insurance companies to obtain price quotes. The chances are good that you will be able to find a policy with much lower premiums than you are currently paying.

Auto insurance discounts allow you to get the same quality and coverage that you currently maintain but at a lower price. With a reputable company, you will still have the same deductible and level of coverage, as well as the same features, but will be able to pay a lower premium to receive them. Meeting these criteria means that you are at a much lower risk of being at fault for an accident and that your damages will likely be lower. This reduced risk means that the company will pay less money overall to keep you protected. If you have worked hard to provide a safe driving record and a safe vehicle, you owe it to yourself to obtain the auto insurance discounts that you are entitled to.

Buy Cheap Car Insurance Quickly And Easily

Are you one of the many people who are seeking an easier way to find and buy cheap car insurance? Calling a company to obtain a quote often results in a high pressure sales pitch that promises you will never find a lower price anywhere. In most cases, however, this promise is simply untrue. If you really want the lowest possible price on your car insurance policy, you need to take the time to find the company that can offer you the best discounts. This means filling out quote applications from multiple companies, which can be easily accomplished using the Internet.

By filling out quotes online, you are able to see the hard facts regarding every company and policy without needing to deal with annoying sales people. This allows you to see not only prices, but coverage levels and deductibles. This also offers you the opportunity to look into any companies that you have never heard of so that you can ensure that they are reputable and have a history of settling claims quickly and getting their insured drivers back on the road. Cheap car insurance is surprisingly easy to obtain once you know where and how to look.

Filling out insurance quotes online can seem tedious, but knowing that you will likely be able to save hundreds of dollars per year by doing so can make it well worthwhile. Your insurance policy should not have to be nearly as high as the average car payment in order to provide you with reliable coverage. Taking the time to go online and look for the cheapest car insurance that meets your criteria can significantly lower these payments, putting a great deal of your money back where it should be; in your wallet.

The cheapest car insurance for you might not be the one with the overall lowest price. Take the time to look at coverage offered as well as deductibles. You never want to cut costs by creating a deductible that you cannot afford to meet. The reason for this is that the deductible must be paid before repairs are made in the event of an accident. Once you understand this and determine the appropriate deductible level, however, you will be able to find the right policy for you. Low costs are always a welcome sight when it comes to insurance, and with the right time and effort on your part you can achieve them without needing to sacrifice quality.

Are You Entitled To Cheaper Car Insurance Rates?

Are you a driver with a clean and safe record for the last five years? Are you a student with good grades? Does your car have an alarm, anti-lock brakes, or airbags? Do you have more than one car or more than one type of insurance? If any of these questions is answered with a yes for you, then you may be entitled to lower prices on your auto insurance policy. People that meet certain discount criteria are often offered cheaper car insurance rates by most of the companies out there.

There are literally dozens of different car insurance discounts out there. From those listed above to discounts for long term policy holders, people who have completed courses on better and safer driving, and even people who are members of certain groups or associations. If you believe that you qualify for these types of discounts, you owe it to yourself to seek out cheaper car insurance rates from your company or to seek out a new company altogether. Searching online and filling out quote applications takes only a few moments and can possibly help you save hundreds on your policy every year.

While many people qualify for discounts such as these, few people think to tell their insurers that they meet the criteria or to ask if such discounts are offered. People often assume that if they qualify for a discount that it will be automatically given. This could not be farther from the truth. Talk to your insurance company about what discounts they offer, and if they are unable to provide you with cheaper car insurance rates you may wish to apply with other companies to see what discounts might be available to you elsewhere.

You should not have to pay more than is necessary for your car insurance. If you are sick and tired of high premiums with no break in sight, fill out applications for quotes from other companies. While you may find that you are getting a fair deal from your current insurer, you are likely to find that there is another company out there that can provide you with cheaper car insurance rates. Don’t sit by another minute and pay more than you should for your coverage. Insurance is an important asset to have, and is something that should definitely require consideration, but paying more than you should for quality coverage is simply a choice that nobody should have to make.

How To Borrow From Your Life Insurance Policy

I don't know anybody that likes to pay insurance premiums, I know I sure don't! But the fact of the matter is, insurance is an important part of our lives they it's very hard to get around. That's how the American capitalistic system was set up. You see we have freedom in this country, in fact that's what the country was founded on. The problem with freedom is that it allows people to make stupid choices because they are free to do so!

One way that we have come up with as a society to mitigate the stupidity of the choices that our free citizens make, is by issuing insurance. And that's really all comes down to. That's the trade-off we pay for freedom... we have to make the insurance payments every month!

But there is a little bit of a silver lining, and there is a way for you to take advantage of your life insurance policy and take a little money out of it now and then in the case of a loan.

Here in America we've gone through one of the worst recessions in our history... in fact we are still going through it. I'm talking about, of course, the great recession of 2008 to 2010. This is been a special recession in that the financial system has been hit hardest. What that means for everyday people is that it is much harder to get loans.

In such an environment where the banks aren't lending as much money as they used to, tapping into your life insurance policy for quick loan may be one of your only options at the moment. Here's what you need to know.

If your policy is more than 10 years old, you may be able to borrow money from it at incredibly low rates... as low as 5% or sometimes 6%. Many policies that are less than 10 years old have provisions in them that state you have to pay at least 8% in interest or maybe even a variable interest rate. If your life insurance policy requires that you pay a variable interest rate, then chances are that variable interest rate will be tagged to some standard that's posted in the newspapers everyday. Check the exact language of your policy to find out for sure.

Usually speaking, you won't be able to deduct the interest that you pay on your loan for tax purposes. But one good thing about it is that you don't have to get your loan approved by any sort of bank officer in order to qualify for your loan.

And I should point out, and maybe I should have said this from the beginning, that you can only borrow from a whole life insurance policy, not a term life insurance policy because they have no cash value. And you can generally only borrow as much money from your whole life insurance policy as you have paid in so far.

So if you've paid in $20,000 over the years, you cannot borrow more than $20,000 from your policy. And there may be other tax consequences that you're not aware of that will be triggered once you borrow from your policy. Be sure to check with your accountant first and it might be a good idea to check with your insurance agent as well because they can give you more information on the mechanics of how to borrow from your policy.