Car
insurance premiums vary widely from
state to state and even within states.
The same person may find swings
of as much as $700 on the cost of an annual policy. Insurance agents
are not legally bound to tell a perspective customer about discounts
which may apply to his/her insurance.
Insurance Company Facts
There are, however, things the
consumer can do which may lower the price paid for auto insurance.
Higher deductibles
The single quickest and easiest way to lower your insurance premium
is to raise your premium. Having a $1000 or even a $1500 deductible
can lower premiums 15 to 20 percent. If you decide to go this route,
consider putting the money saved the first year into an account
earmarked to pay the deductible should you have any accident.
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