Money Matters: Car Insurance
20.05.12
Now add in the added squalor of car insurance rates constantly going up, and unlike gas prices which have gone done recently, it doesn't look the upward direction in car insurance rates is going to slow down any time soon. But Glen Curtis with investopedia.com says there are some things you can do to cut your auto insurance costs.
Here are Glen's suggestions.
1. Insure multiple cars and drivers
Most insurance companies extend a bulk rate if you insure more than one car or driver. Usually multiple drivers must live at the same residence and be related by blood or wedlock.
2. Keep a clean record
The more accidents or moving violations you have, the higher your rates will be. More points on your license mean you'll pay more for insurance.
3. Take a defensive driving order
Source: KAKE