Comments on: 10 Things That You Can Do To Lower your Car Insurance Premium http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Sat, 11 Feb 2012 21:46:28 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Tom Devlin http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-47658 Tom Devlin Mon, 12 Apr 2010 08:50:50 +0000 http://www.mint.com/blog/?p=6701#comment-47658 Some great info here, I was also unaware that a good/bad credit rating made such a difference, cheers. As an extension to number 8/9, you should also be able to get cheaper rates when you insure several cars with one company. If you live with other people you can sometimes get a policy that covers all the drivers living at the same address - in the UK these are called 'Multi-car policies' although presumably there are similar policies available in the United States. We have some more info on these policies here: <a href="http://www.bestmulticarinsurance.com/2010/02/5-things-to-think-about-when-choosing-multi-car-insurance/" rel="nofollow">5 Tips for getting better multicar insurance</a> Some great info here, I was also unaware that a good/bad credit rating made such a difference, cheers.

As an extension to number 8/9, you should also be able to get cheaper rates when you insure several cars with one company. If you live with other people you can sometimes get a policy that covers all the drivers living at the same address – in the UK these are called ‘Multi-car policies’ although presumably there are similar policies available in the United States.

We have some more info on these policies here:
5 Tips for getting better multicar insurance

]]> By: Tom@bestmulticarinsurance.com http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-47653 Tom@bestmulticarinsurance.com Sun, 11 Apr 2010 22:36:18 +0000 http://www.mint.com/blog/?p=6701#comment-47653 You should also be able to get a discount if you insure several cars with the same insurance company. In fact, in some cases you can also receive a discount for insuring multiple drivers at the same address - good if you're living in shared accommodation, for instance. You should also be able to get a discount if you insure several cars with the same insurance company. In fact, in some cases you can also receive a discount for insuring multiple drivers at the same address – good if you’re living in shared accommodation, for instance. ]]> By: Austin@personalfinancechoicehow http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-45485 Austin@personalfinancechoicehow Mon, 08 Feb 2010 18:48:27 +0000 http://www.mint.com/blog/?p=6701#comment-45485 I agree that paying up front is always the best way to handle an auto insurance premium. I agree that paying up front is always the best way to handle an auto insurance premium. ]]> By: Daren http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-44928 Daren Sat, 30 Jan 2010 06:59:40 +0000 http://www.mint.com/blog/?p=6701#comment-44928 It is unfortunate to hear so many of my fellow users with inaccurate info on how insurance rates are calculated. Some of the comments, like rental car coverage is a neon sign for being more likely of having an accident is very false. Your collision coverage rate and rental rate are two different pools. Every insurance company pushes agents sell rental coverages. Also underwriters do not calculate rates, they determine eligibility and tier placement for clients. It is unfortunate to hear so many of my fellow users with inaccurate info on how insurance rates are calculated. Some of the comments, like rental car coverage is a neon sign for being more likely of having an accident is very false. Your collision coverage rate and rental rate are two different pools. Every insurance company pushes agents sell rental coverages. Also underwriters do not calculate rates, they determine eligibility and tier placement for clients. ]]> By: Daren http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-44926 Daren Sat, 30 Jan 2010 06:01:56 +0000 http://www.mint.com/blog/?p=6701#comment-44926 It is unfortunate to hear so many of my fellow Mint users with inaccurate info on how insurance rates are calculated. Some of the comments, like rental car coverage is a neon sign for being more likely of having an accident is very false. Your collision coverage rate and rental rate are two different pools. Every insurance company pushes agents sell rental coverages. Also underwriters do not calculate rates, they determine eligibility and tier placement for clients. It is unfortunate to hear so many of my fellow Mint users with inaccurate info on how insurance rates are calculated. Some of the comments, like rental car coverage is a neon sign for being more likely of having an accident is very false. Your collision coverage rate and rental rate are two different pools. Every insurance company pushes agents sell rental coverages. Also underwriters do not calculate rates, they determine eligibility and tier placement for clients. ]]> By: Kit Smith http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-44647 Kit Smith Tue, 26 Jan 2010 16:11:31 +0000 http://www.mint.com/blog/?p=6701#comment-44647 I knew an insurance underwriter who told me that having rental car coverage on your policy was like a giant neon sign saying that you were a high risk for collisions, and thus you paid for it through your premiums. I think she said the statistics said you were 50% more likely to be involved in a crash if you had rental coverage than if you didn't. I knew an insurance underwriter who told me that having rental car coverage on your policy was like a giant neon sign saying that you were a high risk for collisions, and thus you paid for it through your premiums. I think she said the statistics said you were 50% more likely to be involved in a crash if you had rental coverage than if you didn’t. ]]> By: Jeff Tong http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-44499 Jeff Tong Fri, 22 Jan 2010 20:47:27 +0000 http://www.mint.com/blog/?p=6701#comment-44499 Regular maintenance. Taking care of your car will result in less headache in the future for you, your car, and your insurance. Accident rates and safety concerns increase when you neglect regular maintenance. Less Accidents = Lower Car Insurance Premium ps: Still giving out a free book? =P Regular maintenance. Taking care of your car will result in less headache in the future for you, your car, and your insurance. Accident rates and safety concerns increase when you neglect regular maintenance. Less Accidents = Lower Car Insurance Premium

ps: Still giving out a free book? =P

]]> By: DoreenCarter@mopedsinsurance.info http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-44170 DoreenCarter@mopedsinsurance.info Wed, 13 Jan 2010 21:55:34 +0000 http://www.mint.com/blog/?p=6701#comment-44170 Yeah I agree. Good points really! Yeah I agree. Good points really! ]]> By: Jarett Lishinsky http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-43211 Jarett Lishinsky Wed, 16 Dec 2009 19:49:33 +0000 http://www.mint.com/blog/?p=6701#comment-43211 Taking a Defesive Driving Course should be on the list. Most can be taken online at your own leisure rather then sitting in a classroom all day for 8 hours. They are pretty inexpensive and will make a HUGE difference on your premium. Taking a Defesive Driving Course should be on the list. Most can be taken online at your own leisure rather then sitting in a classroom all day for 8 hours. They are pretty inexpensive and will make a HUGE difference on your premium. ]]> By: Bobby http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-42165 Bobby Tue, 17 Nov 2009 19:02:36 +0000 http://www.mint.com/blog/?p=6701#comment-42165 If public transportation were more manageable here (Southern California), I'd consider it. If public transportation were more manageable here (Southern California), I’d consider it. ]]>