Whether your car is older, has very high mileage, or is more worn & outdated, the bottom line is that if your car doesn’t have a high re-sale value, comprehensive collision coverage can be a waste of money. If the annual insurance premium is more than 10% of the current value … [Read more...] about Get rid of collision coverage on older or more worn-out cars
Auto Insurance
Maximize savings by finding out what insurance discounts you might be eligible for – these can really add up
Many insurance companies offer “multi-line” discounts to cover multiple drivers and cars in one household or to insure a customer's home or life insurance along with car insurance. Purchasing more than one policy from the same company can add up to savings on insurance. In … [Read more...] about Maximize savings by finding out what insurance discounts you might be eligible for – these can really add up
Save up to $225 per year on car insurance by raising the deductible
Raising your deductible from $200 to $500 for collision insurance can save you 10% to 30% on your premium, which is a potential savings of $50 to $225 per year.A LOZO expert posted this tip. … [Read more...] about Save up to $225 per year on car insurance by raising the deductible
Shop around before buying a car insurance policy
Take your time and shop around before settling on a car insurance company. Car insurance is a big cost, so compare several companies to get the best quotes. Before you choose a policy, though, be sure you are comparing the exact same coverage components - some policies seem like … [Read more...] about Shop around before buying a car insurance policy
Don’t overspend on car insurance – check your state’s minimum requirements
Car insurance coverage laws vary by state. Find out what the minimum state requirements are for your state, and use those minimums as a starting point. If you're not sure of your state's minimum, check with the state insurance commissioner (see About.com for a list of the … [Read more...] about Don’t overspend on car insurance – check your state’s minimum requirements