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. Fri, 19 Mar 2010 18:26:43 -0700 http://wordpress.org/?v=2.8.6 hourly 1 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. ]]> By: Jeff Walden http://www.mint.com/blog/how-to/10-things-that-you-can-do-to-lower-your-auto-insurance-premium/comment-page-1/#comment-42134 Jeff Walden Tue, 17 Nov 2009 07:59:44 +0000 http://www.mint.com/blog/?p=6701#comment-42134 Another idea: if you live in an area where it's reasonable, consider ditching the car entirely. My car didn't cost a cent, my car insurance didn't cost a cent, and gas doesn't cost a cent. Instead, I put maybe $100-$125 a year (estimate, I've never precisely measured) of maintenance into my bike (replacement tires when old ones wear out, patch kits for small punctures, and inner tubes when tubes wear out) and I use public transit or bum rides off other people if I need to go somewhere particularly far. Cheaper? Easily. More enjoyable? You betcha. More exercise? Certainly. Less flexible, sure -- but if you need it little enough, renting every so often will still be less of a burden than owning. Another idea: if you live in an area where it’s reasonable, consider ditching the car entirely. My car didn’t cost a cent, my car insurance didn’t cost a cent, and gas doesn’t cost a cent. Instead, I put maybe $100-$125 a year (estimate, I’ve never precisely measured) of maintenance into my bike (replacement tires when old ones wear out, patch kits for small punctures, and inner tubes when tubes wear out) and I use public transit or bum rides off other people if I need to go somewhere particularly far. Cheaper? Easily. More enjoyable? You betcha. More exercise? Certainly. Less flexible, sure — but if you need it little enough, renting every so often will still be less of a burden than owning. ]]> 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-42068 Bobby Fri, 13 Nov 2009 19:24:58 +0000 http://www.mint.com/blog/?p=6701#comment-42068 Great tips. Didn't know that your credit score is looked at by the insurance companies. Great tips. Didn’t know that your credit score is looked at by the insurance companies. ]]>