AssuranceAmerica, headquartered in Atlanta, Georgia, is comprised of AssuranceAmerica Insurance Company and AssuranceAmerica Managing General Agency. assurance america Companies provide insurance management services and insurance wholesale services through over 2,600 highly professional independent agents.
How much do you pay for Car Insurance every year?
Eight hundred dollars a year? One thousand? Two thousand?
Whatever the amount you’re paying now, you can slash that amount by more than 50% by simply following a few simple strategies.
Can you cut your car insurance costs by investing only 30 seconds of your time? No, that can’t be done.
But if you’re willing to spend 30 minutes today, this week, or next, I’ll show you how to save up to $6,000 on your Car Insurance over the next 10 years.
Okay, here we go. Grab your Car Insurance declarations page (the page in your policy that details all the coverage’s you’re paying for) and follow along. Make sure you take some notes. If you don’t have your policy, or can’t find it, call your car insurance company and get one – they’ll send it to you pronto.
STRATEGY 1 – Make sure you’re getting all applicable discounts for your vehicles safety features, such as:
I can hear some of you saying, “Wow, a $1,000 deductible. That’s a lot of money.” Yes, it is.
The odds are in your favor – go with the $1,000 deductible.
Most Car Insurance Policies have two deductibles – one for “collision” (you hit someone or someone hits you) and one for “Comprehensive” (all other damage or loss).
So is paying $1,000 a year with that $100 deductible … versus $400 a year with a $1,000 deductible.
Here’s why – If you are currently paying a $100 – $250 deductible, you’ll save up to 40% per year on your monthly premiums by moving it to $500. That means if you’re currently spending $1,000 a year on insurance, you’re going to get to keep $400 every year. If you jump to a $1,000 deductible, you could keep almost $600 extra a year in your pocket.
- Front, Side or Head Curtain Air Bags;
- Automatic Seat Belts;
- Anti-Theft Alarms or Tracking;
- ABS or Traction Control … and many more.
Think about the safety features you have … and write them down.
Here’s what to look for on your policy – Many will have your liability coverage’s listed like so – 50/100/100 – The first two numbers refer to bodily injury liability coverage. The 1st number is the dollar figure covered per person. The 2nd is the dollar figure per accident.
For both of these, have at least a $500 deductible – preferably a $1000 deductible.
STRATEGY 2 – Review & Change Deductibles For Comp & Collision.
Have you ever seen a $100,000 mailbox? Car Insurance Companies must have. Here’s why … Property damage is not damage done to an automobile but rather “property” like a mailbox or a utility pole. So, why in the world would you need $100,000 dollars of coverage?
STRATEGY 3 – Review & Change Property Damage Liability.
The 3rd number is the “Property Damage Liability.”
In most cases, almost 100% of all property damage claims can be taken care of with only $50,000 of coverage. So take a look at your policy to find out what you’re currently paying for. And if you have little or no Net Worth, drop your coverage even lower – to $25,000 or your States minimum. You can find your States minimum by doing a Google search for “car insurance state minimums.”