Auto News | Nine Ways to Lower Auto Insurance Rates
Money-saving tips for your car, from the federal government. Gotta love Pueblo.
The Federal Government is out to lower the cost of owning a car. They’re spreading the word through one of their most useful websites, the online version of Pueblo. You may remember this resource from the offline version, advertised widely on television during the last three decades. You used to have to get their free federal publications by fax on demand or sending through the mail. Now many of them are available online, and the ones that aren’t you can order them right online.
Here’s a quote from one of their tips – you can get the full article at their site.
Ask for Higher Deductibles
Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you 40 percent or more. Before choosing a higher deductible, be sure you have enough money set aside to pay it if you have a claim.
See Also
- Extended Warranty for Any Vehicle
Get an extended warranty for any car, truck, motorcycle or RV on any make, year or model, with any mileage whether your vehicle is new or used.