You Can Find Affordable Car Insurance

If you are like a lot of people you know you need car insurance, you just want it to be more affordable.  Many people are starting to believe that car insurance just is not something that is affordable.  This isn’t the case, you just need to look at the declarations page of your current policy and see where you can cut back.  When you understand what your current coverage is, it makes it easier to shop around.

The Policy Period. This is the specific time period that the policy is effective. Some car insurance policies have an annual renewal and others have a six month renewal. Do not shop for car insurance with a declarations page that shows that your policy period has expired. That could cause you to be placed into a sub-standard carrier. Shop at least one month before your insurance is ready to expire.

Vehicle Choices.The vehicles that you drive will directly affect your premium.  When shopping, make sure that you give the quoting company the vehicle identification number of all of your vehicles. This is usually on your declarations page.

Household Driver Everyone with a driver’s license in the household should be listed on the policy.  This means that if there are very young or older drivers your policy premium may increase.  

Liability Limits. This section pertains to the limits of coverage in the case of bodily injury and property damage. This is very important coverage and not a good place to cut costs if you are a property owner. This portion of your policy pays benefits to the party that you have may have injured in an auto accident.

Physical Damage. This section refers to your collision and comprehensive benefit that you see on your declarations page. This is coverage for your automobiles. Your deductible selection will raise or lower the rate.

Understanding these terms and the coverage you have will help you understand where you may be able to save money.  As you can see, there are a lot of areas of coverage that come together to establish your insurance premium.