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Purchasing auto insurance is a task that no
one really looks forward to. It can be quite painful at
times, and it is always difficult to figure out if you truly
got a good rate or not. Here are some tips on making sure
you save on your next auto insurance purchase: 1. Be sure to
shop around - Auto insurance companies vary their rates
dramatically, even for driver's with good habits. Try to get
quotes from at least 3-4 insurance companies, if not more.
You will likely notice differences of hundreds of dollars
between the rates they want to charge you. 2. Consolidate
your policies. Most auto insurance companies will provide a
discount to you if you insure more than one vehicle. Insure
your cars as well as a home or other vehicle (boat,
motorcycle, etc.), and you will likely save even more. 3.
Raise your deductible. The deductible is the amount you pay
for repairs before the auto insurance company covers the
rest. Many people choose $100 or $250 deductibles, thinking
they don't want to pay out of pocket. However, making an
insurance claim will only raise your insurance rates in the
future, so you will likely want to pay for small repairs
yourself. Raising your deductible to $500 or $1000 will
often dramatically reduce your auto insurance rates.
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