How can I lower my car insurance?

Question

I dont know why my car insurance is so high compared to my friends. I own a 2005 suzuki Forenza, I'm married, have no tickets and its still $176.00 per month, while my unmarried friends with nice cars are lower, I thought that being married and not having a sports car was suppose to lower the price. Anyways...let me know how I could get it lower. Thanks

I'm using Geico right now, they're the ones charging me so much.

Answer 1

It all depends on:
1. Your age (25+ usually has a lower rate).
2. Driving history.
3. Residence.
4. Year of vehicle.
5. Gender
6. And type of insurance. It could be that your agent tacked on a bunch of things such as car rental insurance. I'd double check if I were you.

Answer 2

Remember there are other factors that go into an insurance rate like:
a. your vehicles safety and theft records
b. your zip code, someone with a zip code right next to yours could be paying less or more due to territories.
c. Do you have your husband listed on the policy? If not then being married does you no good.
d. Are your deductibles very low? Sometimes going from a $250 to a $500 deductible can save you quite a bit of money.

I would call some other companies for quotes. Depending on what state you are in there could be a big difference or you may find you are paying a similar rate that you would with other companies. If you happen to be in AZ email me, I can get a quote for you for the company I work for!

Answer 3

if you put a security system on it that will lower it, and also if you have a 4 door verses a 2 door that will lower it as well. The older the model the better the rate you will get becuase the newer models have more things on the cars that can go wrong. try getting some quotes from other companys to see what they have for a premium. If you have all wheel drive that will lower it and having anti locking breakes.

Answer 4

The best way to get cheaper car insurance, is to call several companies and get quotes. This way, they will try to compete with your lowest quote you have gotten. If you call another car insurance company, and their rate is lower, don't stop there. It only takes a couple minutes to call each company, and well worth it. Call all the major carriers (there isn't that many) and go with the lowest rate. Here are some good companies. http://www.freeinsuranceresource.com/carinsurancecompanies.html

Answer 5

There are several factors affecting car insurance cost, assuming coverage is all the same. Car model, year, mileage, whether it's 2-door or 4-door, security features, and other things.

To decrease your premium cost, you'll probably either have to give up some of the coverage, or increase your deductible.

Hope that helps!

Brian

Slay the Greek Gods!
http://www.zeuslegacy.com/register.php?ref=136

Answer 6

if you have no tickets and accidents the only thing that comes to mind right away is to sell your 2005 car and get a used vehicle. Some think that used cars are unreliable but my car is over 10 years old, I paid $800 for it (sticker price was $3995 at a dealership and I negotiated it down to $800) 2 1/2 years ago. Since I bought the car it has only costed me $500 worth of repairs and most of that was for a new muffler that new cars need eventually too,.

Answer 7

One thing you could do is take a defensive driving course. When you send the paperwork in to your insurance company, they will lower your rates somewhat. It does take several hours to complete, but you can either find a class to join, or you can rent a video at Blockbuster.

Answer 8

Add a driver.. Maybe someone like your mom or dad (only if they have a good record) and that will lower it. That's what I did and it works. I'm a young female and drive a Camaro SS so they want an assload of money for me so I just added my mom and I only pay $97.00 a month for full coverage. If you need anymore info email me. Good luck!

Answer 9

Two quick thoughts. One is to shop around for the best rate. Insurance companies are not in it to help people. They are in it to make money. There are many of them and they compete.
Secondly, raise your deductibles. If you carry a low deductible, like $100, then the cost will be much higher. Also, it is not useful because it would be foolish to claim this amount since the company is likely to drop you if you make a claim.
So go for a high deductible amount like $1000.
Good luck.

Answer 10

here are 15 things you can do to lower car insurance premiums and rates

http://insurance-resource-guide.blogspot.com/2006/12/15-ways-to-lower-your-car-insurance.html