Wednesday, April 1, 2009

Tips on Lowering your Seattle Auto Insurance Premium

By Steve Turner

During this hard financial time, many are searching for more affordable Seattle auto insurance coverage. Utilizing some insurance strategies and requesting a number of quotes from various insurance companies could drastically lower your insurance premium. Here is a great way to begin.

If you allow your policy to expire you will have a harder time finding new coverage because you will have been considered uninsured. Providers are likely to charge you up to 20% more than someone who has kept their coverage up to date. To avoid finding yourself in this position, shop for cheaper coverage one month before your current policy expires.

Premiums that are paid in monthly installments will have finance charges built into the costs. Find out what finance charge your provider assesses and calculate if it will be cheaper for you to put the whole premium on your credit card and make equal monthly payments against it. Also ask if they offer a fast payment discount if you pay in full within a specific number of days.

Adding features such as first accident forgiveness can cause you to pay higher premiums now for coverage in an accident that may never ocur. To see if this feature is in your best interest ask your provider what your premium will be with and without it.

Installing an alarm or vehicle recovery system can reduce your auto insurance premium. Ask your insurance provider their opinion on which system that they think is the best and what discount you may receive for having one installed.

Receive quotes from multiple providers and compare them to see which offers the best price. A quick way to do this would be to use an insurance comparison website which allows you to enter your information once and receive the results quickly.

By using as many of these tips as possible you can be confident that you will find the lowest premium for your auto insurance. If you feel you need help in this process contact an insurance broker because they will be able to assist you get through the steps quickly and ensure you have the best price. - 15790

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