Thursday, May 13, 2010

Auto Insurance Tips

With car insurance costs set to increase, motorists need every possible help in lowering their premium. The best way you can reduce the cost of your car insurance is to make sure that your car is cheap to insure. If you haven’t bought your car yet, you may be confused by the hundreds of cars out in the in market. A rule of thumb is that if your car’s buying price is cheap, then it’s usually quite cheap to insure. Insurance companies are also interested in how much a car is going to cost in repairs if the owner makes a claim. The cheaper and simpler your car is to repair, the more likely it is that your premium will be low. Another factor is your car’s security. Cars that have alarms, trackers or immobilizers will lower you premium. And if you have your eye on that snazzy new sports car, think again. Cars with greater acceleration and top speeds usually get the highest premium because they are statistically involved in more accidents.
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