There are many moments in auto insurance that you need to take into consideration, such as no claims bonus for instance. When you make a claim you have to pay the very first part of it. This is called policy excess and you will be expected to pay a certain sum of money for damage, fire and theft. It's very important that you check your insurance policy for the amounts of policy excess for these sections - damage, theft and fire. You get a larger discount on your premiums if you haven't made claims for a long period of time, usually several years. Some people also make mistake thinking now that they have an insurance policy they can drive any other cars and still be covered if they have comprehensive auto insurance, which is not always the case. In some cases insurance companies do not offer this cover, and to learn more you need to read your insurance certificate. Additionally, once you left this someone's car you are unable to claim for damage, fire or theft - so basically your comprehensive auto insurance turns out to be less than third-party only insurance. You also need to bear in mind that if you decide to drive to some other country your insurance company is gong to need an advanced notice. So, is there any way you can reduce your auto insurance cost? There sure is, but it will require quite a bit of gambling on your part. When you do something to pay less for insurance it means you will have to pay more out of your pocket if an accident happens. You can increase your auto insurance deductible if you have a good riving record and do not expect to make a claim, but you can also do it if you have a bad driving record - this will significantly decrease your monthly premiums. If you have a very old car you probably should drop such options as collision insurance and comprehensive insurance, as in case of an accident you are probably going to get rid of the car anyway. You can also try insuring through the same company your home besides your car, as this kind of loyalty is usually rewarded by making you pay less. In fact, it can add up to 10% off your insurance bill - and that's not bad at all, especially if you were going to insure the home anyway. You can also waive some extras on your insurance policy - such as car rental insurance or towing coverage, as in some case you may have this options (if you have an auto club membership) without even having a clue about it. And finally, always remember to compare the quotes for your auto insurance - it will pay off in the long run.
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