Sunday 2 March 2014

How Brokers In Automotive Insurance Can Save You Money

By Ailene Acord


Looking at the wide array of lucrative offers presented by insurance companies, the choice of the best suiting insurance plan can be daunting. Insurance brokers can be the torchbearer for you in this respect as they can guide you in zeroing down on a perfect plan, economically.

Identifying competent auto insurance brokers

Why it is advisable to hire the services of an insurance agent? This is because these individuals, being professionals from the insurance industry, are adept with the available options. They know which insurance plan is apt for you and besides, their information network keeps them abreast with the latest plans & premium amounts. Therefore, the fee you pay them is worth the expertise and the efforts which eventually lead to a substantial premium cost saving. This way, you add value to your money.

On the other hand, a less competent insurance agent may market himself as the best guy around, but may not take enough pains to hand you over a good policy. Quality being of utmost importance, you cannot afford to waste time and money with unprofessional and incompetent people out there.

4. Keep driving record and previous insurance history, clear when the cuts are made. Some insurance companies don't run the reports during the quoting. Tell the agent the truth about your driving record and claims. Reports still will be run at the time when the policy is issued and it can affect the policy premium. 5.Keep your credit score clean and high. Depending on the insurance company, your credit score can help your premium or harm you. A high credit score number helps you get considerably lower rates.

The insurance company will give you a companion discount. Depending on the company, this discount is from 10 per cent and as high as 25 per cent. 2.Being married also gives you a discount. Insurance companies assume that marriage makes people more responsible. Check with your agent, domestic partnerships also counted as a spouse. 3.If you have more than one vehicle and driver in the household, insure it with the same auto policy. The insurance company will give you a multi-car and multi-driver discount.




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