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2008 June 12 | InsuranceCompareQuote.com
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Archive for June 12, 2008

Should You Raise the Deductible to Lower the Cost of Auto Insurance?


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A common trick that many people employ when it comes to lowering the cost of their auto insurance is to raise the deductible, that is, the amount you would be liable for in case of an accident, vandalism, and so on. Raising it from the standard $500 rate to $1000 can lower your premiums by a hundred dollars or more every six months, depending on your carrier. But should you just do this automatically, thinking that you’ll save big dollars? What are some cautions to think about?

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    Is Your Car Insurance Transferable To Other Countries?


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    Car insurance is a wonderful thing. Not only is it getting cheaper over the course of time, but it also can allow you to get into an accident and still have the money leftover in order to get different things to happen. Car insurance might not be transferable to other countries however, primarily because of the fact that the governments in the two areas do not match.

    If it was up to the company, then any multinational corporation would be able to offer you transferable car insurance, but because that is not the world we live in, there are many concerns that you need to take into account when figuring out if your car insurance might be transferable.

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