Monday, 3 June 2013

Cheap High Risk Car Insurance Online

Every driver would like to pay less for their car insurance, and, luckily, there are several things that you can do that will quickly lower the amount you have to pay to drive. One way to save money on your car insurance is to look for cheap high risk car insurance online.
But before you simply jump online and start randomly looking for cheap car insurance there are a few things you should know in order to really get the lowest price. When you are filling out the forms on the car insurance price comparison websites keep the following in mind:
You'll save money if you keep your car in a garage at night instead of leaving it out on the street.
You can often save money if you buy (and use) a simple steering wheel locking device. Your agent may have other simple and low-cost ideas for ways to make your car less likely to be stolen and so save you even more money every month.
Start or join a carpool at work. A large portion of your monthly premium is based on the number of rush-hour miles you put on your car every month. If you can cut the number of times you drive to and from work in half, then you will save money on your car insurance.
If you retire from work make sure your agent knows this since it will cut the amount you pay for insurance drastically.
If you can radically cut the number of miles you drive every month that can also reduce how much you pay for insurance. If you can use public transportation for most of your "driving" needs and you can cut your driving to below 500 miles per month you may qualify for a Low Mileage Discount.
Don't pay for collision or comprehensive insurance if your vehicle is so old or beat-up that it no longer has much if any Kelly Blue Book value.
If you are really looking for the absolutely cheapest car insurance online and you are willing to take a risk, then look into buying the minimum liability insurance that your state recognizes. Each state sets its own requirement for minimum liability insurance, but this type of insurance is always offered in the form of 10/20/10. [This is merely an example; your state may require different amounts].
A 10/20/10 liability policy pays a maximum of $10,000 for medical costs to any one individual involved in an accident with your vehicle and it pays a maximum of $20,000 for the medical costs of everyone in the other vehicle regardless of how many people there are or how badly they are hurt. The final "10" refers to the fact that this insurance will pay $10,000 in property damage per accident. Property damage generally refers to repairing the other person's car, but it can also be applied to other property damaged in an accident.
What makes this type of insurance high risk is the fact that the amount of the insurance may not be enough to cover the actual medical expenses or property damage suffered by the other party in an accident. Anything not covered could come out of your pocket. This could mean that you would be forced to spend your life savings or even sell your home.
Also, liability insurance does not cover you, anyone in your vehicle or your car. You would have to pay for the repair of your own car out of your own pocket and you would have to pay for all of your medical expenses (and possibly the expenses of anyone in the car with you) from your own resources.
As mentioned before, you can save money by purchasing your car insurance online. Be sure you take the time to fill out the form on at least 3 different car insurance price comparison websites rather than relying on the results from just one site. Also be sure that you use the information in this article to fill out all 3 forms the same way so you are actually comparing the same policy each time.
Once you have made your comparisons on 3 different sites then simply compare all of the results you found and choose the lowest price. You're done! This is how you find the cheapest high risk car insurance online in your state.