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Friday, April 3, 2009

Seattle Auto Insurance Premiums - How to Lower Them

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 ever allow your insurance policy to expire you will be categorized as an uninsured driver. This will make it harder for you to find a new policy and will also greatly increase your premium. Begin shopping for new coverage 30 days before your policy expires to avoid this situation.

Insurance providers will include finance fees in the premium if you choose to pay in installments instead of all upfront. Some will charge as much as $10-15 for a three month period, making it cheaper to even put it on your credit card. Another incentive to pay upfront is that some providers will offer a fast payment discount for doing so.

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.

A decrease in your premium could happen if you install an alarm or vehicle recovery system. Talk with your insurance provider to find out what system they feel is the most effective and ask about any discounts that they may offer for having such a system.

The amount of competition in the insurance market right now is resulting in very low prices being available. To make sure that you find the best price for the coverage that you are looking for, request quotes from multiple providers.

If you utilize the suggestions above you can ensure that you are receiving the best rates. By knowing the kinds of coverage you want and the price options offered by various providers you are in the best situation.

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