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TOP 10 Tips for CHEAPER Car Insurance - How to get Lower Auto Insurance Rates (2017-2018)

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GET FREE CAR INSURANCE QUOTES: http://lowcostcarinsuranceprice.com/ CLICK HERE Subscribe: https://www.youtube.com/user/kevinhunter7 How do you buy car insurance, and how do I get the best rate on car insurance? You came to the right place. From the Author of "How to Beat the Dealers Finance Office," "Car Scam of the Decade," and "13 Car Buying Mistakes," these are the top ten tips for cheaper car insurance as presented by Kevin Hunter. Would you like to get cheap car insurance rates? Lower auto insurance premiums? From the author of "13 Car Buying Mistakes" Kevin Hunter comes this fantastic video. Do your homework and get multiple quotes. It's your ticket to save you money on car insurance! According to Edmunds: 1. Get more than one rate quote before you commit."Company prices are very different, and it pays to shop around. You can easily wind up paying double from one company to the next," says J. Robert Hunter, director of insurance with the Consumer Federation of America, a national watchdog group.Want to get a sense of who the low-priced carriers are? The National Association of Insurance Commissioners offers a map on its Web site that lists each state's regulators. Click on your state and you're taken to the state's Department of Insurance Web site. Its consumer buying guide compares insurance premiums across a range of companies. You'll also learn how many complaints each company has logged. Surprisingly, you don't have to sacrifice service quality to score a low premium. "A lot of the lower-priced companies have the best service rates," says Hunter.There are a host of independent Web sites, like CarInsurance.com, that allow you to comparison-shop by offering online price quotes. 2. Evaluate insurance costs before you buy your vehicle.The year, make and model of your vehicle can have a profound impact on your insurance rate. All else being equal, new, expensive or sporty cars will cost more to insure than older, cheaper and more utilitarian vehicles. But you could find a substantial discrepancy even when comparing the cost to insure similar cars. So if you've got a few models on your shortlist, contact your carrier to see what rate each vehicle commands. 3. Go high on deductibles.If you're willing to give a little with your deductible, you can wind up saving big on your rates. "If you go from a $250 to a $1,000 deductible, you can save between 25 and 40 percent on your policy," says Hunter. 4. Nix collision and/or comprehensive coverage on older cars.If your older car has comp and collision coverage, you might find yourself paying more in insurance than the car is worth. "Take your comp and collision premium and add it up, then multiply it by 10. If your car is worth less than that, don't buy the coverage," says Hunter. 5. Mind your credit score. An increasing number of carriers are considering credit scores when making rate calculations. "Your credit score can be very important in determining your rate," says Hunter. "You can wind up paying up to 50 percent more if you have a bad credit score." 6. Ask about low-mileage discounts.Many carriers offer discounts to policyholders whose annual mileage is lower than the norm. Maybe you have a short commute. Or maybe your participation in the office vanpool results in fewer hours spent in your daily driver. 7. Ask about group insurance discounts. Oftentimes, insurance companies offer discounts to policyholders who are members of certain organizations or professions, such as veterans, engineers or teachers. 8. Ask about all other discounts. Some carriers offer discounts to policyholders whose vehicles bear certain safety features, like anti-theft devices or motorized seatbelts. Others give reduced rates to senior citizens, and to students whose grades meet certain requirements. "Many carriers offer discounts. Ask for them when you're shopping," says Hunter. 9. Avoid lapses in coverage. Even a brief lapse in coverage can disqualify you from receiving discounts. "They use lapses in coverage to increase your premium," says Hunter. Pay your insurance bills on time. 10. Think twice about paying in installments.Most carriers charge an administration fee to pay in installments. One carrier surveyed levied a $10 charge per installment to those who opted to break up their bill. The solution? Pay your premium up front, if at all possible. Of course, this charge is more significant for those with small premiums. If you've ever seen "The £26 a YEAR car insurance man - Martin Lewis" you're going to enjoy this video. Kevin Hunter resides in Longview, Washington with his wife Stephanie and daughters Jackie and Alison. The Business Forum Show, TBFS Radio, Street Wyze, You Don't Know JACKIE,and Children's Stories are just a few of the broadcasts and studio based video productions he does. If you'd like to know how to grow your online presence for personal, business, or professional purposes, you can reach Kevin Hunter at (360) 545-3501 today.
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Text Comments (60)
Kevin Hunter (10 days ago)
WANT A FREE CAR INSURANCE QUOTE? Any city or state, multiple providers at: http://lowcostcarinsuranceprice.com/
DJ Diva Dee (16 days ago)
DO NOT PURCHASE YOUR INSURANCE FROM RIGHT CHOICE INSURANCE BROKERS (RCIB)THEY ARE SCAMMERS
DJ Diva Dee (15 days ago)
Thank you, I will do
Kevin Hunter (15 days ago)
Thanks for the heads up! Check out http://lowcostcarinsuranceprices.com and let us know what you think of these guys. You are connected to every major insurance company in any city or state across America. Love to hear your feedback after you visit their website. Because we think they do a good job of helping consumers as we suggest on the video, we decided to link their website in the description above.
Bucko BOiii (17 days ago)
Super helpful
mabatommy (22 days ago)
VERY GOOD ADVISE
Callandor (24 days ago)
No wonder insurance rates are skyrocketing. Watch Aviva on W5 (Youtube) on auto body shops, WOW! Parts not replaced but charged, overcharged and employees DAMAGING vehicles! These kind of "repairs" can put your life in danger! When my car was in a major accident, I used the exact body shop my Nissan dealership used.
4am Curiosity (1 month ago)
Car insurance is legal rape
bht824 (1 month ago)
I lived in the town of Wawanesa 7 years. This as an awesome commercial. I drink from the same Wawanesa Insurance coffee cup for the last 6 YEARS.
vacationboyvideos (2 months ago)
Sad that I have a freeze on my credit and that is why my insurance is high.
vacationboyvideos (1 month ago)
4am Curiosity yes I have it!!! Hate it!!! Jump threw hoops unfreezing it for credit cards
vacationboyvideos (1 month ago)
Kevin Hunter well...I looked into this local Insurence and the lady quoted a high rate!!! Never said it was the system might saw... She then asked me if I had very low credit and I said no at all!!! 784!!! But we then figured out it was because of my freeze...my identity was stolen 3 yrs ago and I just can't afford to have it open now. Even a fraud alert does not stop an inquiry (s)
4am Curiosity (1 month ago)
vacationboyvideos Same it ruins my life
Kevin Hunter (2 months ago)
When you say you have a freeze on your credit, I assume you are talking about a credit report freeze, a credit report lock down or security freeze, which allows an individual to control how a U.S. consumer reporting agency (Equifax, Experian, TransUnion, Innovis) is able to sell his or her data. This is something you control. If the information is needed by your insurance company, it is up to you to share it with them or pay a higher premium.
We All So Bad (3 months ago)
New #1. Stay away from Brampton Ontario! Camel humping Indians are masters of Insurance FRAUD!
Harold Davis (4 months ago)
Whether you need home, car, or business insurance, we have you covered. Providing reliable policies in Brampton is what we strive for. To learn more about our variety of effective polices and to request a free, no obligation insurance quote, visit us here. www.ccvinsurance.com/locations/brampton/ #autoinsurancebrampton #carinsurancebrampton #insurancebrampton #homeinsurancebrampton
Car insurance seeks (4 months ago)
Point # 3 is very important, you need to check for discounts, it will reduce your price and save some money for you. i am also a car insurance agent, i normally deal with claim section if you people have any question about insurance claims, you can ask me anything, you can contact me through our official website http://carinsuranceseeks.com/
NorthWest Digital NEWS (6 months ago)
A lot of great ideas shared on this video. Insurance will always be a concern for car buyers and consumers, and everyone wonders how to get the cheapest car insurance quotes. According to Edmunds: 1. Get more than one rate quote before you commit."Company prices are very different, and it pays to shop around. You can easily wind up paying double from one company to the next," says J. Robert Hunter, director of insurance with the Consumer Federation of America, a national watchdog group.Want to get a sense of who the low-priced carriers are? The National Association of Insurance Commissioners offers a map on its Web site that lists each state's regulators. Click on your state and you're taken to the state's Department of Insurance Web site. Its consumer buying guide compares insurance premiums across a range of companies. You'll also learn how many complaints each company has logged. Surprisingly, you don't have to sacrifice service quality to score a low premium. "A lot of the lower-priced companies have the best service rates," says Hunter.There are a host of independent Web sites, like CarInsurance.com, that allow you to comparison-shop by offering online price quotes. 2. Evaluate insurance costs before you buy your vehicle.The year, make and model of your vehicle can have a profound impact on your insurance rate. All else being equal, new, expensive or sporty cars will cost more to insure than older, cheaper and more utilitarian vehicles. But you could find a substantial discrepancy even when comparing the cost to insure similar cars. So if you've got a few models on your shortlist, contact your carrier to see what rate each vehicle commands. 3. Go high on deductibles.If you're willing to give a little with your deductible, you can wind up saving big on your rates. "If you go from a $250 to a $1,000 deductible, you can save between 25 and 40 percent on your policy," says Hunter. 4. Nix collision and/or comprehensive coverage on older cars.If your older car has comp and collision coverage, you might find yourself paying more in insurance than the car is worth. "Take your comp and collision premium and add it up, then multiply it by 10. If your car is worth less than that, don't buy the coverage," says Hunter. 5. Mind your credit score. An increasing number of carriers are considering credit scores when making rate calculations. "Your credit score can be very important in determining your rate," says Hunter. "You can wind up paying up to 50 percent more if you have a bad credit score." 6. Ask about low-mileage discounts.Many carriers offer discounts to policyholders whose annual mileage is lower than the norm. Maybe you have a short commute. Or maybe your participation in the office vanpool results in fewer hours spent in your daily driver. 7. Ask about group insurance discounts. Oftentimes, insurance companies offer discounts to policyholders who are members of certain organizations or professions, such as veterans, engineers or teachers. 8. Ask about all other discounts. Some carriers offer discounts to policyholders whose vehicles bear certain safety features, like anti-theft devices or motorized seatbelts. Others give reduced rates to senior citizens, and to students whose grades meet certain requirements. "Many carriers offer discounts. Ask for them when you're shopping," says Hunter. 9. Avoid lapses in coverage. Even a brief lapse in coverage can disqualify you from receiving discounts. "They use lapses in coverage to increase your premium," says Hunter. Pay your insurance bills on time. 10. Think twice about paying in installments.Most carriers charge an administration fee to pay in installments. One carrier surveyed levied a $10 charge per installment to those who opted to break up their bill. The solution? Pay your premium up front, if at all possible. Of course, this charge is more significant for those with small premiums. If you've seen "The £26 a YEAR car insurance man - Martin Lewis" you're going to enjoy this video.
Ned the Wino (5 months ago)
North West DIGITAL NEWS, very solid advice!
solid snake (7 months ago)
All countries in the Middle East they don’t have car insurance do you why because they are smart enough to realize that insurance is a scam and it’s made by your politicians and you people can’t do something about it
IT-tech (1 month ago)
National Family Assurance : http://bit.ly/2ImyNTe
Rebecca Ross (3 months ago)
You’re right. They scam us in everything in this country. We are not free citizens. We are all slaves to this system. It’s no secret. What can we expect, a country built on stolen land and genocide of the indigenous people here... what can we expect from the so called leaders here? Okay back to buying car insurance🤦🏽‍♀️🤦🏽‍♀️
BILLY BEN (5 months ago)
solid snake We have a cheap insurance just to avoid getting a ticket or get in trouble if something happens. But we don't wait for the insurance money after an accident. Because we feel same that money are lottery money 😁😁😁. So lot of people not all make a cheap insurance just to drive legal and don't expect anything back from the insurance company.
Cerosh James (7 months ago)
Ensure your deductibles are boosted and Practice carpooling so the car has less miles run which will reduce the premium further. Checkout the tips on https://www.floridainsurancenow.net/florida-auto-insurance/#saveOnCarInsurace
MEXMECANICO ! (7 months ago)
Hi my name is jose and i have geico and they told me that aftet december i wont have insurance any more becauses i had 4 accidents 1 was my fould and on 3 i didnt have the fault how can a get another company or what other company can give me a good price
Po3tic__o (6 months ago)
José García que compañia tienes ahora ? a mi me disen que tengo que pagar casi 600 por ser licencia nueva y por un acidente donde me dieron 3 puntos. 😣 antes pagaba 180
MEXMECANICO ! (6 months ago)
Po3tic__o me tuve que cambiar de seguro y pagar mas como casi 200 mas
Po3tic__o (6 months ago)
José García how did it go. Me paso lo mismo. No se que hacer. 😩
01Decon (7 months ago)
Thanks Kev! as a college student I just learned so much from this video!
Sandra Young (2 months ago)
bless your heart for you know when you start out it's high but check into matters that can help like the one my daughter did and that's drivers education class
TheDano1947 (7 months ago)
Tying insurance rates to credit scores sounds like just another excuse to screw customers over.
Cameron J (25 days ago)
Ned the Wino ... But the question is: "higher risk" of what? Of possible being late on monthly insurance payments/potentially letting insurance lapse? That's a reasonable & provable correlation.. *BUT* if you're telling me people with sub 600 credit scores are more likely to speed, hit pedestrians or cause car accidents then I'd laugh at you & tell you how full of BS you are - With the latter being most important in determining potential insurance premiums.
IT-tech (1 month ago)
National Family Assurance : http://bit.ly/2ImyNTe
Ned the Wino (5 months ago)
TheDano1947, their is a corlation in credit to risk. Lower credit customers are a higher risk. Simple as that.
Roby Islam (8 months ago)
Get the Lowest Auto Insurance Rates. It only takes minutes before you have the insurance quotes you’re looking for and can start saving! New customers report average annual savings over $500! http://cars-insurances.com/get-auto-quote/
Jay Kells (9 months ago)
Hi guys. I got my car insurance cheap as peas, using E-conomize. Click the link to see how: http://bit.ly/2jAH9i0
Johnny Brascom (9 months ago)
Be aware of lowest rate on car insurance. You must know the coverages that come with that cheap price. If you damage personal property, you have to know if all of it is coverage. What is the maximum amount of coverage?  How much is your deductible? How much liabilities will be covered? The most import thing is how much
John Frutos (3 months ago)
Johnny Brascom thanks man!
Tips For Life (11 months ago)
As someone who sets up initial claims for insurance, this is a pretty solid basic explanation and I wish everyone who called knew this stuff beforehand. http://autoinsurancenod.info/category/car-insurance
Goldo Berkah (11 months ago)
Please permit to share this exciting video , https://carinsurancebj.blogspot.com/2017/07/top-10-tips-for-cheaper-car-insurance.html . thx
All Stars Millie (11 months ago)
Want to get the best insurance with the lowest cost as much as $19.85 a month covers Emergency Road Service Emergency Towing Service Emergency Travel and Living Expenses Lawyer Service for Moving Violations Lawyer Service for Auto Manslaughter and Auto Assault and Battery Lawyer Service for Auto Related Personal Injury Lawyer Service for Vehicle Damage Matters $500 Arrest Bond Certificate $25,000 Bail Bond Service for Criminal Charges Arising from an Auto Accident Join now at https://tvcm.co/!RCBJD
Las M (11 months ago)
Isn't the background music from Philip Defranco's channel?
Robin Shortt (1 year ago)
Like your channel and info! Get more good info on car insurance here http://insuranceandhowitworks.blogspot.com
Dominique Green (1 year ago)
New 24/7 Roadside assistance & Insurance cheap 2017! Check it out https://tvcm.co/!YB6ME
J Locke (1 year ago)
Thank you
Kevin Hunter (1 year ago)
J Locke If the information shared on this video helped you get a better deal on your insurance, now or in the future, please come back and let us know. Thanks for your comment!
Joe Shelton (1 year ago)
how do i look up independent car insurance quote
Netinho WK (1 year ago)
Website information for Insurance - http://insurancequotestips.tk
Rohlan Darkspawn (1 year ago)
thanks a ton. these videos are extremely helpful!! I'll be buying my first car in June and now I feel prepared to make my deals. keep doing what you're doing👍👍👍
Kevin Hunter (1 year ago)
We also have a video coming out this weekend (or later today) on how to survive the dealership finance office. Many people think the finance man is their friend, but the biggest lies told in the car business actually happen in the finance office. I will share the link here for you as soon as it is up. Thanks for your comment!
Weightloss Warrior (1 year ago)
This video was very helpful in reference to getting a bargain of a deal for car insurance. I researched 3 companies, State Farm, Progressive and GEIKO. To insure my 1998 Camero, State Farm wanted $152.00 a month, Progressive $70.00 a month, and GEIKO $69.00 a month. I decided to go with Progressive, because I will save more when I add the extra discounts tomorrow! Thank you Kevin Hunter for producing such an amazing informational video. Best Regards, Martin. 😊
Camelia Pacheco (5 months ago)
ButtFeet because he can still be held liable for causing an accident 🤔
ButtFeet (9 months ago)
are you nuts? why insure your 1998 crap?
Kevin Hunter (1 year ago)
One of the issues we address on this video is the Window Etch Theft Protection that dealers are selling everywhere. If you don't heed the warnings we give here, perhaps the fact that many websites exist across the country talking about this product and describing it as a 'SCAM' will help you understand it better. We happen to also have a video on this channel dedicated to this product. Here's the text from the following link: http://www.ohiolemonlaw.com/buyer-beware/window-etching/ It is sold in the car dealership in the finance office as a form of 'insurance' you supposedly need to keep your car 'safe' from thieves. You decide if you should be wasting your money on Window etch theft protection or not... WINDOW ETCHING - IS IT THEFT PROTECTION OR JUST A CAR DEALER RIPOFF? If you pay hundreds of dollars to a car dealer and you could get the same thing on the internet for less than twenty bucks - which do you think is the better deal? And is it a good deal for you when it costs the dealer less than $10? Well that's what many car dealers pay for it and they commonly charge consumers $200 or more. Do you think you might be getting ripped off? You are very likely to be right - you could be getting ripped off big time. Especially since most new cars and trucks already come with a factory installed system or part that already does what the dealer wants you to pay them extra for. One of the great ripoffs of the decade is the window etch so-called "theft guard" scheme. There are lots of different names for it but all that window etching amounts to is some almost invisible scratches on your window that you get charged hundreds of dollars for. It all boils down to lots of profit for the dealer and no real value to you at all. We have filed numerous lawsuits against car dealers involving the window etching scam and you can see some of them on our Car Sales Fraud web page listing court cases we have filed for consumers. And in one Southwest Ohio local car dealer operation's case, they claim that the window etching, they call it "theft guard", is already installed on the vehicle so you "have" to get it. Don't believe it. Odds are, it's just another car dealer scam designed to get into your wallet. If the dealer claims they put it on already, or they got the car from another dealer that way, that does NOT mean you have to pay for it. And the profit a car dealer makes off the etch a sketch scam is huge in one dealer's case it was 95% of the $200 being charged the consumer. So just say "no" and do not let them trick you into signing up for it. And if they still want your money, then go somewhere else. And don't waste your money. So what is this window etching or theft guard stuff? Bluntly put, it is nothing more than "make believe" theft protection and it doesn't "deter" much of anything - except maybe dollars out of your pocket and into the car dealer's pocket. Does the car dealer's nice, shiny Chevrolet or Nissan or other factory sign out front of the car lot mean that their "theft guard" window etch is worth it? Not likely. In fact, odds are that the factory already installed a theft deterrent on your vehicle and the car dealer is just trying to rip you off. So is window etching a good deal or just a rip? You be the judge. Car dealers usually claim that window etching is theft protection or it is like theft insurance because it might give you an extra $2,500 or so if it fails to prevent your car from being stolen. Really? Do you think that some scratches on the glass that are less than half an inch tall are going to prevent a thief from breaking the window and stealing your car? Not likely. But it was such an obvious rip off car dealers had to dress it up into something more. So window etching is now promoted as just one part of what they call “layered protection” where other, more real theft protection devices may be installed. In other words, etch is so lousy that they have to put a real alarm system on the car too. That ought to tell you something, folks. If you are a victim of car dealer sales fraud from an Ohio or Kentucky car dealer, or if any car dealer treated you unfairly, deceived you, or just plain lied to you, call us on our Toll Free Car Sales Fraud Hotline, 1.888.342.6422 right now for a Car Sales Fraud Case Review. Suing car dealers to get back your money? That's what we do. But perhaps the worst part of the window etch scam is that there seems to be no real proof that the window etching does you any good to prevent a theft of your car at all. If a factory installed anti theft device or system is already on your car or truck, then don't waste your money on the car dealer's window etch theft guard. Maybe worse than the fact that it does you no good is the profit margin the dealer charges for window etching. It usually costs the dealer from less than $10 to maybe around $25. In fact, if you really want to get window etch, it is widely available on the internet for as little as $15. One window etch marketing plan, proudly claims window etch profits can be as much as $900,000 a year at the average dealership. No wonder they are anxious to push it into your deal, sometimes telling you things like “the bank requires you to get this” (no bank does). Don’t be fooled when the dealer says “And it only costs $3 a month” either. That’s nothing but just another clever way of trying to sell it. Car dealers figure that if they break the cost down like that, then maybe you won’t notice the fact that it’s probably just a huge waste of your money. The window etch scam not only makes exorbitant and undeserved profits for the car dealer, but etching is virtually worthless to the average consumer. You might have a better chance at winning the lottery - and a lottery ticket is cheaper too. The window etching ripoff used by car dealers like one big auto group in the Dayton, Ohio market, has been called the top car dealer scam you are likely to run into, and for good reason. You can read about some of the many lawsuits we have filed against car dealers involving the window etching scam on our Car Sales Fraud web page listing court cases we have filed for consumers. If you've been ripped off by a car dealer's window etching scam, email, fax, or phone us on our Car Sales Fraud Hotline1.888.331.6422, toll free for a free auto fraud and car sales fraud case review. And so it seems... the real thieves are the ones that sell it to you: Here's also a video link to check out: https://www.youtube.com/watch?v=tkIL4WetRFM&t=77s
Uncommon Sense (1 year ago)
For any car shoppers out there, if you haven't already seen the new video by Kevin Hunter titled "Top 10 Tips to get the Best Car Deal" click here: https://www.youtube.com/watch?v=Lik6d0mcNp4 Watch the video noted above, and also take the time to review these tips from Edmunds. They do a great job of laying out tips for car buyers. Below are some suggestions from their staff on buying a new car. The only thing to keep in mind is that you can tell from some of the information that the staff who wrote it up haven't necessarily spent time on a car lot. It's a lot different when you actually see what some dealers do to people, and how prepared you have to be for the fact that you can run into somebody who is very dishonest. Here they are: Step 1: Research Vehicles and Pick the Features You Want Not sure what car you want yet? The Edmunds app and website have just about all the information you need, including expert and owner reviews. In addition to Edmunds, we've also found automakers' sites useful for seeing more photos and learning more about the features and options on cars. Once you have a short list, it's time to figure out how you'll pay for the car. Step 2: Get Pre-Approved for a Car Loan A pre-approved car loan starts you on the right foot. You get an idea of how much you can afford and you'll have an interest rate that you can then compare to the dealership's financing, which might actually have the lowest annual percentage rate. Look for a loan application on the mobile web pages of your bank, credit union or a third-party lender. It's a good idea to do your own research on which lender works best for you. To begin the loan-approval process, have at hand your employer and salary information and balances of other debt you may have. Make sure you will be ready to shop within about two weeks of seeking pre-approval. This will reduce the number of "hard" inquiries to your credit history. Step 3: Plan your Trade-In Strategy You can skip this step if you don't have a trade in. If you do, keep reading. It's important to get your trade-in value before you go to the dealership. This will help set your expectations for what the car is worth and gives you a reference point for any offers you'll receive. The best way to get the value of your trade-in is to use the Edmunds app on a smartphone or tablet. Those devices make it easier to sit in the car and double check whether you have options that can affect the car's value — things like heated seats or a sunroof. Be honest about the condition of your car. Most cars fall into the "clean" or "fair" category. Very few cars are "outstanding," no matter how much their owners babied them. When you're done appraising, you'll see three figures. The trade-in value is what the dealer may offer you — that's a figure to keep in mind when you're at the dealership. The private-party value is what you might expect to get if you sell the car yourself. Dealer retail is a little different: It is what you might expect to pay for the car if you were to buy it at a dealership. There's an alternative to trading in a car or selling it yourself: Have used-car retailer CarMax appraise the car and make you an offer. The offer is good for seven days, at which point you can ask the dealership to beat that price or you can sell your car to CarMax. Step 4: Locate and Test-Drive the Car By now, you've settled on a few car candidates. You should see them in person before making a decision. Hundreds of dealerships throughout the country list their car inventories on Edmunds, and in many cases, you can sort by color, trim level and features. This is a better way to shop than configuring a car at the automaker's website and hoping you will find one with that set of options in the real world. All of the listings you'll find on Edmunds pages are real cars with a variety of options. Most will have a locked-in price that should be comparable to what others are paying. Step 5: Get a Sale Price and Ask About Extended Warranties Once you have a target car, it's time to focus on getting a price. We recommend using one of these two ways to get a price quote on a car: a: Call, text or email the internet sales department of three dealerships that have the car you want. Ask each for the total selling price, including any additional accessories that may have already been installed on the car. The best price will be obvious. You also can take that quote and ask the other dealerships to beat it. If you plan on leasing, this is the way to go. b: You can save time and trouble by using Edmunds to get a locked-in price that's designed to be comparable to the average price that others are paying in your area. Make sure you ask the salesperson to email or text you a breakdown of the "out-the-door price," with all the taxes and fees factored in. That lets you see the total amount you'll be spending. Step 6: Review the Deal and Check for Dealer Financing Now that you have a price quote for the car, your big question is probably whether it's competitive. Edmunds uses the term "Average Price Paid" — also known as Edmunds TMV — to measure this. It's the amount that others are paying in your area for a similarly equipped car. Step 7: Close the Deal If the price, financing and fees look right, it's time to say yes to the deal. From here, you can proceed in one of two ways: buy at the dealership or have the car and paperwork delivered to your home. Most people tend to wrap up the sale at the dealership. Once you've agreed on a price, the salesperson will take you to the finance and insurance office. Here, you'll sign the contract and purchase any of the additional products we discussed earlier, such as an extended warranty. Step 8: Take Delivery Whether you take delivery of your car at the dealership or at your home, it should be clean. The gas tank should be full. Give the car a final walkaround, checking for any dents or scratches that might have occurred during transport.
Kevin Hunter (1 year ago)
This video is about helping the consumer make the best insurance purchase decision they can, and lowering their rates. In addition to what you find in our video, here are a few tips put out by Edmunds. If you're shopping for car insurance, you know there are certain crucial factors influencing your rate that are out of your hands. Such factors include your age, gender and record of prior claims. Despite this, there's a lot you can do to score a lower rate, and your choices bear more power than you might think. Here are 10 tips guaranteed to help you get the best rate possible on your auto insurance. 1. Get more than one rate quote before you commit."Company prices are very different, and it pays to shop around. You can easily wind up paying double from one company to the next," says J. Robert Hunter, director of insurance with the Consumer Federation of America, a national watchdog group.Want to get a sense of who the low-priced carriers are? The National Association of Insurance Commissioners offers a map on its Web site that lists each state's regulators. Click on your state and you're taken to the state's Department of Insurance Web site. Its consumer buying guide compares insurance premiums across a range of companies. You'll also learn how many complaints each company has logged. Surprisingly, you don't have to sacrifice service quality to score a low premium. "A lot of the lower-priced companies have the best service rates," says Hunter.There are a host of independent Web sites, like CarInsurance.com, that allow you to comparison-shop by offering online price quotes. These sites can be incredibly useful. However, Hunter warns that these services — which earn their keep by charging carriers a commission on each sale — occasionally fail to include the insurance companies with the lowest rates, since these low-cost carriers are unwilling to pay commissions. 2. Evaluate insurance costs before you buy your vehicle.The year, make and model of your vehicle can have a profound impact on your insurance rate. All else being equal, new, expensive or sporty cars will cost more to insure than older, cheaper and more utilitarian vehicles. But you could find a substantial discrepancy even when comparing the cost to insure similar cars. So if you've got a few models on your shortlist, contact your carrier to see what rate each vehicle commands. Doing so could ultimately net you a windfall in savings when the time comes to pay your premium. 3. Go high on deductibles.If you're willing to give a little with your deductible, you can wind up saving big on your rates. "If you go from a $250 to a $1,000 deductible, you can save between 25 and 40 percent on your policy," says Hunter. You can then set aside a portion of these funds to cover your costs in the event of a claim. 4. Nix collision and/or comprehensive coverage on older cars.If your older car has comp and collision coverage, you might find yourself paying more in insurance than the car is worth. "Take your comp and collision premium and add it up, then multiply it by 10. If your car is worth less than that, don't buy the coverage," says Hunter. If you're worried about being left overexposed, consider this: The typical policyholder makes a claim only once every 11 years, and reports a total loss only once every 50 years. 5. Mind your credit score. An increasing number of carriers are considering credit scores when making rate calculations. "Your credit score can be very important in determining your rate," says Hunter. "You can wind up paying up to 50 percent more if you have a bad credit score." Keep your credit score in tip-top shape by paying bills in a timely manner and by regularly checking that there are no items on your history that do not belong to you. 6. Ask about low-mileage discounts.Many carriers offer discounts to policyholders whose annual mileage is lower than the norm. Maybe you have a short commute. Or maybe your participation in the office vanpool results in fewer hours spent in your daily driver. Whatever the case, your low mileage can score you a reduced rate with some companies, so be sure to inquire about available discounts. 7. Ask about group insurance discounts. Oftentimes, insurance companies offer discounts to policyholders who are members of certain organizations or professions, such as veterans, engineers or teachers. Request a list of these groups from your carrier to see if you qualify — you might be pleasantly surprised. 8. Ask about all other discounts. Some carriers offer discounts to policyholders whose vehicles bear certain safety features, like anti-theft devices or motorized seatbelts. Others give reduced rates to senior citizens, and to students whose grades meet certain requirements. "Many carriers offer discounts. Ask for them when you're shopping," says Hunter. However, Hunter offers one caveat: "Some of the companies that offer the highest discounts have the highest rates, so don't get too focused on discounts. Some high-priced companies offer high discounts, but at the end of the day you're still paying more." 9. Avoid lapses in coverage. Even a brief lapse in coverage can disqualify you from receiving discounts. "They use lapses in coverage to increase your premium," says Hunter. Pay your insurance bills on time. And if you're switching carriers, make sure not to quit your previous carrier until the new coverage takes effect. 10. Think twice about paying in installments.Most carriers charge an administration fee to pay in installments. One carrier surveyed levied a $10 charge per installment to those who opted to break up their bill. The solution? Pay your premium up front, if at all possible. Of course, this charge is more significant for those with small premiums. If you've got a king-sized premium and feel you'd get a better rate of return by investing your funds elsewhere instead of paying up front, then the installment route will probably best suit your needs.
Patel Vidhu (6 months ago)
Like your tips to lower car insurance rates. Thanks.

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