my auto insurance costs!

by Guest » Tue Oct 02, 2007 09:55 am

Hi guys..may be this is quite common to all insurance forums. But I'd like to know more about such things that might influence my auto insurance costs! Also help with regards to reducing my auto insurance rates & suggest any discounts that are available.
Curson drew

Total Comments: 10

Posted: Tue Oct 02, 2007 10:05 am Post Subject: whats are the causes ?

Hi Mr. Drew,

Its generally about your driving history, your age, marital status, being male/female, coverage amount, credit history, car type, driving style & location that matters for such cases.

Always remember, that if you drive carefully n maintaining the compliance that would save you from hassles. More time you spend at the driver's seat more you pay for premiums. Cars with lighter bodies or with more repair charges would surely fetch more premiums out of your pocket. If you need to insure more, you need to pay more too. Apart from all these your credit ranking also is a key determinant of your rates.
Regards, Bozo86'

Posted: Tue Oct 02, 2007 10:07 am Post Subject:

Good morning Curson drew and welcome!

Of course a good driving record is obvious. Most states (for males) over 25 years old and married, companion policies, ie auto, home, life, boat, whatever with the same company will some times give you a discount. The higher the deductible, the lower the premium (on coll./comp./umpd) I'm sure some others in the community will come along and add to the list. Should end up with a lot of good ideas! :wink:

Posted: Tue Oct 02, 2007 10:44 am Post Subject: follow it up!

lol...all you need to do is to just visit the comparison shops, ensure large deductibles, obtain discounts, maintain credit rating..these are the key to your success at restricting your rates. gdbye, CasandraVanHuesen

Posted: Tue Oct 02, 2007 10:55 am Post Subject:

Good morning all, I think auto premium also depends on the average mileage you drive and what time of the day you drive. That is, if you drive at the rush hours of the day, your premium is likely to be high.

Generally, male drivers have to pay more than their female partners even when the other parameters remaining the same. Therefore, according to me, one way of saving on your auto premium is by allowing your wife to drive and taking out the policy on her name……
:) Rupert W Bradson

Posted: Tue Oct 02, 2007 03:12 pm Post Subject:

All the above and if you can pay the premium in full instead of breaking it up in monthly or quarterly payments.

Posted: Fri Oct 05, 2007 10:06 am Post Subject: Auto Insurance Rates

Hello all.

I used to just get a quote from whatever major auto insurance place I knew about, but a couple of months ago a friend referred me to this comparison site. I was amazed that with all factors the same how different my rates were. I'm glad I checked it out, because now I am saving almost $700 a year!!!

The website I used was

Check it out and let me know what you find! You have to use the codes below to access the site.

Rep Pin: LSAJ2
Rep's Last Name: Moore

Posted: Mon Oct 08, 2007 04:43 pm Post Subject:

Generally, male drivers have to pay more than their female partners even when the other parameters remaining the same. Therefore, according to me, one way of saving on your auto premium is by allowing your wife to drive and taking out the policy on her name……

Something to be aware of...

First of all, the difference in premium between male and female drivers generally disappears as of age 25 for married males, and normally 30 for unmarried males. Rates are not affected by male/female gender difference after those ages, and therefore will not affect premiums.

Secondly, be very careful about proper disclosure of the licensed drivers in the household. Most auto contracts require that all licensed drivers in the household, as well as those who will use the vehicle regularly, to be included on the policy and appropriately rated.

Failure to disclose a household member or regular user could easily be interpreted as a material misrepresentation, especially if the unrated driver has a poor driving record. Obviously, this could impact future insurability with that carrier and the ability to secure coverage with a different carrier if you are cancelled due to the misrep.

The best idea is to get a bunch of different quotes, and make sure that you are completely truthful when providing information. Trust me...the insurer WILL find out, either now or later!

InsTeacher 8)

Posted: Tue Nov 27, 2007 06:13 pm Post Subject:

Reducing the cost of your auto insurance usually involves some 'gamble' on your part. It depends on your ability to tolerate risk. Most things you can do to reduce the cost will mean that you have the chance of more money coming out of your pocket in the case of an accident.

Posted: Tue Nov 27, 2007 11:39 pm Post Subject:

Its always good to try and save a buck when it comes to insurance. I advise you though to be careful and do not get so overzealous about saving that you end up with a company thats insolvent and cant pay claims. Sometimes but not always when it comes to insurance, you get what you pay for. It is good to know that a company is not only going to pay the claim, but that they will pay it in a timely matter.

Posted: Fri May 18, 2012 09:05 am Post Subject: CmysgsNBtuULpgox

Yes. And I am not sure what the other answerer's are smkiong, but I want some. Your insurance premium will definitely rise since it will no longer be owner occupied. You will likely want to change your coverage around a bit too since the situation will change (like increasing medical for the sake of injury on the property but decreasing personal property since it won't be your stuff). At your option, you could require your tenant to carry renters insurance to cover their personal property.

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