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Wednesday, April 1, 2009

Tips on Lowering your Seattle Auto Insurance Premium

By Steve Turner

If you are struggling financially right now you may be looking for new Seattle auto insurance coverage. By following some insurance strategies and obtaining a few quotes from a variety of insurance providers you will be able to find the best deal.

If you allow your policy to expire you will have a harder time finding new coverage because you will have been considered uninsured. Providers are likely to charge you up to 20% more than someone who has kept their coverage up to date. To avoid finding yourself in this position, shop for cheaper coverage one month before your current policy expires.

To avoid any finance charges being added to your premium choose not to be set up on an installment plan. Finance charges can be higher than the interest you will pay for placing the premium on your credit card. You may also be able to get a discount for paying all upfront, lowering your premium even further.

Do not be fooled by such gimmicks as first accident forgiveness. You will most likely pay a higher premium for coverage of an accident that may not even happen. Ask how much your policy will cost with and without this feature.

Your auto insurance premium can be decreased if you install an alarm or vehicle recovery system in your vehicle. A great resource in determining which to install would be your insurance provider. You can also ask what discounts you may qualify for if you do install one.

Receive quotes from multiple providers and compare them to see which offers the best price. A quick way to do this would be to use an insurance comparison website which allows you to enter your information once and receive the results quickly.

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. - 21396

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