Making The Actual Insurance Purchase
From EjWiki
It seems as soon as someone knows that you have a license and a car they become your best friend. It could be because they may want a ride to school which will give them extra time to sleep in or a ride to the mall because they want to hang out. There are people who will call you, even family members to see if you can pick them up from work or drop them off to work because their own ride fell through.
What type of car you drive plays a big role in your annual premiums. If you think you're paying a lot for annual premium, then it may be time to trade in your car. The average person driving a Mercedes (which is the most expensive car to insure) pays around $5,500 for their annual premium. While a person driving a ford edge (which is the least expensive car to insure) only pays around $1,800 for their annual premium. That's a difference of $3,700 which could be a car payment if you have good credit. So why throw all your money away just to drive a Mercedes?
You may not be able to pay everyone a full payment, but make sure that every creditor gets a little money. If you pay each creditor a little, they will realize that you are making effort into handling the accounts.
Find out about other discounts. Maybe a carrier offers discounts for paperless statements or electronic pay plans. Avoid extra fees by paying your annual premium all at once rather than quarterly.
If you want your creditors to listen to you, talk with them as quickly as possible. They are more willing to help and provide extensions is you talk them before your payment are late. These people work with those that are struggling financially each and everyday. Talk with them honestly and let them help you. If you are patient and understanding they may be able to help. Tell them when you will be able to make a payment and then make sure that you make that payment on time. If you don't keep your promises, they won't be likely to help you the next time you run into a problem. If you are struggling with minimum payments, contact your creditors and explain the problem. They may be able to make smaller payments or work out some kind of a plan with you.
You don't have to buy your home and auto insurance from the same company to get the best rates. Compare car insurance quotes and homeowners' insurance rates separately-you'll probably find the best rates are from different companies.
Joe Legal pays medical and dental insurance with limited coverage for his family at $600 per month, or $7,200 per year. Joe Legal now has $24,031. Jose Illegal has full medical and dental coverage through the state and local clinics and emergency hospitals at a cost of $0.00 per year. Jose Illegal still has $31,200.
Do some research on how much it would cost for you to be insured by another company. If the rate is lower, tell your current company what the rate is and ask if they'll match it. You may be surprised at how quickly they say yes. It's always cheaper car insurance - how to get lower auto insurance rates for them to satisfy a current customer than to have to find a new customer.
There are many different terms for older cars. Classic is just one term. There also vintage and antique cars. These are all very different types of cars which is why it is so important that you find out what yours really is. Seeking out a professional that knows their stuff is always a good idea. Joining a classic car club or reading up on one is also a great way to obtain the proper information. Defining a classic car can be a little bit confusing but it is not impossible. Go the distance to get the information that you need or just to appease a personal curiosity.
