It doesn’t matter whether you’re dealing with a car insurance company or an agent, never expect the whole truth. Whether they are trying to boost their commission or just sweet-talking you, it’s rarely in their interests to tell you the full story. Always keep in mind what they don’t tell you is probably the thing that could save you money. Things like this:

1. Cancel the collision premium if your car is old.

If your car is 7/8 years old and worth less than $2,500, it’s likely your excess is close to the value of your car. So why pay for comp and collision premiums? A major collision will probably write your car off anyway so it’s wasted money.

2. Don’t use the same company for both home and car insurance

Unlike many bundle deals available today such as broadband internet and TV, it is rarely cheaper to bundle your home and car insurance. While many companies offer great deals on either type of cover, they rarely offer great deals on both. Unless you buy an umbrella policy, a bit of research is likely to show keeping your policies separate will return better savings.

3. Beware of minimum liability cover.

The law requires that you have a minimum level of car insurance. Some companies or agents will happily offer you a low liability policy but they might not inform you that state-mandated limits in certain states are extremely low. If you have a serious accident in these states, it is very likely you won’t even come close to covering the costs and if at fault, could end up paying a lot more than expected.

4. Research and compare rates before buying.

It isn’t in the interests of insurance companies and agents to advise you to search for the best deal. It is difficult to know what a good deal is when not even independent agents represent many insurers. Using comparison sites will allow you to research many companies in one place, customize the policy that suits you best and compares the rates.

5. Check for environment-based discounts

Many insurance companies will encourage you to go green by offering discounts. If you choose an electronic payment plan, paperless statements or you sign your policy with an e-signature, you could be entitled to a discount. Savings are also available for hybrid drivers. Remember that if you save your insurer money, they should pass the saving on to you. Continue reading →

We love to save. It is a fact that doesn’t need to prove itself right. Sometimes we want to believe something that doesn’t seem too real. It is crazy and unbelievable how TV or advertising in general can influence one’s mind. Commercials are made so that it blanks off our conscience completely – we trust every single word said if we see a good picture that matches our expectations. Nothing can stop us once we set our mind into something that we wanted to do for a while. TV and advertising is that “push”…

Since early 90s, back when people started to get more and more used to internet, advertising and online searching has become very popular in society. Practically millions of people became addicted to it and dependent on it overnight. With the help of web-sites that would allow you to advertise your services for free, companies that are dealing with cars and property started to earn more than ever. People received free quotes on subjects that they were interested in, companies became popular and talked about. Everybody benefited from it.

It is fair to mention that competition between companies that provide services such as insurances it is very easy to benefit from. They try to get more and more clients and reduce prices for their services in order to get people to use their company instead of the other one.

But cheap doesn’t always mean good. So can how you find a non-pricy deal and not have nightmares about it at night?

First of all, you never have to lose conscience about any decisions that you are about to make. We all know that sometimes we are blind to see reality because we want to hurry with a problem that is hanging above our head, but when we rush into something; we are more likely to trip and fall than to do it correctly.

We all have connections. We are social people that communicate with each other. This helps a great deal as we are able to give and share opinions, help with advices. Most of us like the support family and friends are able to give therefore we address them for help. When it comes to insurances, automobile, for example – we have to remember that 70% of people in the world do have cars, they drive them everyday. This means the automobile insurance deal is a part of their life every single day. These people could do us a favor if they shared their points of view with us from time to time. Continue reading →