Reader’s Question:

I thought that the older the car is, the lower the car insurance will be. But to my surprise, all the quotes I got were higher for the Toyota Camry I’m using now. How is this so, and where do I get cheaper car insurance for the classic car my father left me?

Adam

Fort Worth, TX

I see your point, Adam. I myself have answered so many inquiries telling them that the car’s year, make and model is one of the basis your car insurance premium is computed. And then you come across a classic car, and all you know about car insurance doesn’t hold true anymore. Well, Adam, don’t worry, nothing is wrong with you. What you know is true. Classic cars are a class of their own, that’s why a car’s year, make and model is not applicable. Probably, the classic car you own is also owned only by a handful of other people. This fact means that spare parts are hard to come by, and so when you make a claim for a repair, chances are, your mechanic will have to scour all the places he knows where to get the necessary parts to replace your damaged one. Aside from that, since classic cars are really vintage, it takes really special mechanics to fix them. So, probably, expect a special charge since you got a special car.

Adam, in looking for cheaper car insurance for a classic car, you should first have a special storage room for a classic car because that is the first thing that will be required for a classic car insurance. Adam, since this is not your ordinary everyday car, you should only trust big-name car insurance companies as also they are the only ones probably offering this type of special insurance.

Reader’s Question:

Whenever I ask for free car insurance quotes for teenage drivers, I am always shocked by their prices. Are there cheaper car insurance quotes available out there? If I cannot find one, looks like my daughter shall have to continue taking the public transit to school.

Dara

Cheyenne, WY

Dara, it looks like you are having a fine time looking for cheaper car insurance quotes for your daughter, are you not? I know it must be very difficult for you, but I think that you just have to try to be more patient because you shall eventually find what best fits your daughter for the money that you can shell out. In the meantime, just stick around and let me see how I can help you.

Car insurance policies for teenagers cost so much because car insurance companies equalize their financial risks for insuring high-risk drivers, which teenagers are according to statistics, by giving high premiums. Although, this is the case, you should not feel so powerless because there still are things that you can do. And that is to prove to the auto insurance industry that your daughter is going to be a responsible driver, or that it would not be too expensive to insure her.

You can show that your daughter is not going to be a reckless driver by having her enrolled in driving courses that would hone her skills as a driver. You could also make sure that she gets excellent grades in school because the logic of car insurance companies is that a responsible student cannot be an irresponsible driver.

You can show that your daughter is not going to be too expensive to insure by buying her an older car which is low-maintenance and less expensive to be repaired when damaged. Safety features can also aid in lowering the price because it means fewer injuries and fewer medical bills.

And to top it all of, discounts for female drivers are available. So, what are you waiting for? Shop around now and see how these things that I have told you may affect your daughter’s car insurance. You will surely find cheaper car insurance quotes.

Reader’s Question:

I have around 10 cars altogether (of different makes). I want to know what kinds of discounts I can get. With the oil price increase and inflation, I feel a need to save on something, so I thought, “Wait a minute, what about if I get cheaper car insurance”?

Jacob

Dallas, TX

Jacob, owning ten cars makes you eligible for a multiple car discount. Buying an auto insurance policy for each car will really hurt your budget, so the way to go is apply for a multiple car insurance package. Actually, owning just 2 cars makes you already eligible for the said discount, so owning ten surely will elevate you to a valued client status.

Well, you did not mention if you are a corporation or just an individual who owns cars, but I would assume the latter since you did not indicate it. Some companies can give up to 35% discounts on breakdown coverage, and some car insurers can give up to 23% off on premiums when you apply two or more cars on one car insurance carrier.

Car insurance companies are now also competing tooth and nail on this growing market segment, and that’s why you will notice that different insurers give different discount rates. Remember, Jacob, competition is fierce, and so if you will be wise about it, I’m sure the highest bidder will come out. So, what you have to do is just wait out until someone offers you what you think is the best deal for you. But, of course, before signing anything, please don’t forget to check out the credentials of those car insurance companies offering you cheaper car insurance rates. After all, you’re insuring ten cars, you know what I mean?

Reader’s Question:

What can you suggest when looking for cheaper car insurance quotes?

Marc

Indianapolis, IN

With the economy being the way it is right now, it is only natural to start looking for ways to cut down on costs. One particularly unavoidable expense that needs to be trimmed down is auto insurance. Fortunately, it is far easier now to look for cheaper car insurance quotes.

There are an estimated 193 auto insurance companies currently doing business in Indiana, and each one of them has probably a website that you simply browse through on the Internet. The old way of calling up or visiting car insurance companies, or setting up a meeting to talk to a car insurance agent, can be reassuring for a customer in the sense that he or she is actually interacting with another human being. But the whole process can be quite time-consuming. If all you need to do is look for cheaper car insurance quotes, visiting company websites or sites that act as portals to various car insurance sites would be more efficient. With this method, you can easily gather more quotes and arrange them on a list. This will facilitate making comparisons between the different offers car insurance companies have presented you. You can quickly figure out which are the cheaper rates. Just make sure you’re actually getting quotes from legitimate car insurance companies. Do a little research first on which ones are accredited in your state.

Reader’s Question:

I am a shopkeeper in Massachusetts. Can I get cheaper car insurance quotes if my car is loaded with anti-car theft features?

Glenn

Boston, MA

Theoretically, yes, but that would really depend on which anti-car theft devices you have equipped your car with. As you know, some anti-car theft devices are easily tampered with, thus making them ineffective in the event a professional car thief makes a run for the ill-equipped car. I’m talking about those factory-installed types of security systems. It seems utterly useless to have these types installed because they can be easily disarmed.

However, if you have noisy alarm, it might work well with your auto insurance provider. The idea is that the noisier it gets, the more attention it will draw, and the thief will be left with little else to do but run away as fast as possible. With this type of alarm system, though, you might want to have a backup battery, in case the thief disconnects the main one. Your noisy alarm wouldn’t be any good if it’s shut off very quickly. Having a backup battery to power up your alarm will disorient them or will alert them that your car is made of sterner stuff and would make them think again if they should continue on with the heist. If your car has an external release, installing a hood lock will make a good deterrent for battery and engine thieves.

It would also help if you car is already equipped with an armored collar. Auto insurance companies would like that, although they generally prefer the permanent type of armored collar. Another preferred alarm system is a well-placed immobilizer or ignition kill switch. This will prevent your car from being ignited or started. I’m sure your auto insurance provider there in Massachusetts will give you cheaper car insurance quotes if your car is equipped with these security features.

Tags: Car Insurance Company, car insurance quotes, cheap auto insurance

Reader’s Question:

I’m from Virginia. My father who’s 60 years old and is living with me wants to change his car insurance because he says it’s too expensive. How can I get cheaper car insurance for senior citizens?

Paul

Virginia Beach, VA

Having your father listed under your current policy would seem like a cheaper car insurance alternative and may be allowed by your Virginia insurance provider. However, it may cause your premiums to shoot up. This is because mature drivers, especially those who are 60 years of age or older, have a higher risk of getting into car crashes than younger drivers. This is due to various factors associated with ageing, which naturally decreases the driving abilities of older drivers. Older drivers generally experience hearing loss and visual decline, and thus greatly affect their capacity to operate a vehicle. Mature drivers also have limited mobility and decreased reaction time, thus the potential for great danger while driving is very high. Moreover, mature drivers who get into road accidents tend to require longer and extensive medical care. This is because they are more likely to obtain serious injuries than younger drivers. Mature drivers also have a higher risk of dying from traffic accidents because of their age. It is for this reason that it is not in the insurer’s interest to cover an older driver.

However, your father can take advantage of car insurance discounts given to senior citizen drivers. He may qualify if he takes mature driver safety classes from the Department of Motor Vehicles (DMV) or from the American Association of Retired Persons (AARP). The discount can amount to almost 15%, depending on the company’s rating system and will be there for three years, provided that he does not get into any accident after availing of the discount.

Tags: auto insurance policy, auto insurance premium, Car insurance discounts, cheap auto insurance, senior car insurance

Reader’s Question:

Buying car insurance is a challenging feat. How can I find a cheap car insurance policy here in New Mexico?

Patrick

Albuquerque, NM

Finding the cheapest car insurance policy can indeed be taxing, but it’s doable. It simply means that you have to figure out which company offers ample policy coverage at the price that you can afford. Depending on your needs, you may have to cut unnecessary coverage. You can get only the essentials that your state requires. New Mexico has a minimum bodily injury limit of $25 thousand/$50 thousand and $10 thousand for property damage liability. This means that the insurance company will pay up to $25 thousand for medical expenses of 1 injured person and up to $50 thousand for medical expenses of all injured persons. While for property damage, the company will pay up to $10 thousand. If you bought your car through a bank or a lending company, then you will be obligated to have collision and comprehensive coverage in your policy. Most car financiers will want to have their merchandise protected until you have completed paying it off.

If you want a cheaper car insurance policy, you may want to increase the amount of your deductibles. However, these deductibles go straight right out of your own pocket and you must shoulder that amount first before the insurance company pays the rest. Also, many insurance companies in New Mexico offer discounted premiums over time depending on your age, driving history and experience. Some companies offer lower rates to drivers without any traffic violations or those who have not been in an accident for a certain number of years. Don’t hesitate to ask your local agent about these discounts to make your car insurance policy more affordable for you. And finally, make sure that your local insurance agent is as dependable and reliable as the company providing you with insurance. If ever you may need to file an insurance claim, it is better to have a trusted agent to guide you through the process in order to save time and money.

Search the internet for affordable car insurance quotes. Take your time to compare quotes from different companies, and I’m sure that you’ll find the cheapest car insurance policy that will fill your requirements.

Tags: auto insurance policy, Car insurance discounts, car insurance quotes, cheap auto insurance, deductible