A lot of people take a dim view of things like prenuptial agreements because they think it saps the romance out of a marriage. It makes sense—a marriage is supposed to be a romantic union, not a business proposition. But who said that you can’t have both romance and thrift? Consider this: combining auto insurance policies as soon as you’re married can be an incredibly romantic and financially sound move. And if you doubt what we’re saying, here are just a few examples of how doing so could amp up your love life.
• Combining auto insurance saves you so much money that you can afford to buy your significant other flowers on a whim without worrying the debit transaction will bounce. Bonus!
• You can funnel the money you would have been paying into individual policies into a vacation fund. Trips to the Caribbean aren’t that expensive, you know.
• Take those monthly savings and splurge on a romantic dinner for two. After all, everyone knows that a meal that pays for itself tastes far better than one you’re going into debt to pay for.
You’re probably thinking “Great ideas, but can combining auto insurance really save me that much money?” Heck yes, it can. To find out how auto insurance rates compare for single people as opposed to married couples, you don’t have to make any appointments to visit an agent or wait on hold for hours on end. Just punch your information into an online auto insurance price comparison engine and compare the digits. You might be surprised at what you find.
Your parents probably always warned you to choose your friends carefully, but you probably never thought that doing so could actually save you money. Well, as it turns out, it can. Case in point: get an instant auto insurance quote online. Then add an additional 10 percent discount, which is the average dollar amount you can save by getting your car on a multi car insurance policy. Makes a big difference, doesn’t it? Here’s how to go about getting that auto insurance price quote discount.
First of all, it’s important to know that if you share a home with other drivers, you’re allowed to bundle your auto insurance policies together into the same plan to save money. You don’t have to be family and you don’t have to be married. You don’t even necessarily have to like one another. If there’s more than one car registered at an address, you can qualify for a discount. But there are a few considerations that harken back to that all-important warning your parents gave you as a child to pick your friends or in this case, your room mates carefully.
• If the other person has a lousy driving record, it may save them money to bundle their car insurance policy with yours, but it’ll cost you more money.
• A lousy credit score on the other driver’s fault an also negatively impact the deal.
• Throw an overly-expensive car into the mix and you’ve got a bona fide deal killer.
If any of the above ring true, you’ll end up paying more because you’ll be shouldering the burden of your house-mate’s lousy habits or desire for extremely expensive things. In this case, it’s critical to either only pick room mates that have clean driving records and that are responsible and practical, or to go it on your own. To find out exactly how much money you can save by bundling policies, get an instant auto insurance quote online and start weighing your options today.
Few people find anything romantic in the idea of combining auto insurance policies, but being able to do so is one of the perks of getting married. Just don’t let anyone accuse you of lacking in the romance department just because you’re as excited about saving money as you are about tying the knot. The amount of money you stand to save when you and your spouse buy auto insurance as a married couple can be significant. Still, there are some scenarios where combining policies could be a bad idea.
One of those scenarios is if your “better half” has a lousy driving record. Forget about your stellar, unblemished driving record. The fact is, if your spouse is paying through the nose for his or her car insurance because of a history of accidents or tickets, combining auto insurance policies is going to adversely impact the amount of money you pay for your own coverage. Insurance companies take the view that a chain is only as strong as its weakest link, and marrying someone with a hideous record could be putting you in line to pay some hefty premiums.
Nobody’s suggesting that you pick your potential life partners based on their driving records. What we are saying, however, is to think long and hard before you decide to combine car insurance policies with someone who leaves a lot to be desired in the “insurable” category. You might find it’s in both of your best interests to live as one, but keep your car insurance policies completely separate.
Gas prices today are getting so outrageous that people are starting to get creative in their approach to savings so they can afford to get around. One of the most effective ways to save a sizable chunk of money without altering your driving habits or giving up your wheels is by simply combining home and auto insurance policies. This action has the potential of bringing your car insurance premium down so far that you might actually end up saving money.
But what do you do when combining auto insurance with your home coverage just isn’t enough to make up for the gap? Here are some of the most popular ideas being put into practice by people every day.
• Don’t overinflate or underinflate your tires. Stick to the manufacturer’s recommendations. Driving around on underinflated tires can greatly decrease your gas mileage, but overinflating your tires can cause them to wear out prematurely, putting you out a few hundred dollars and bringing you back to square one – or possibly even worse off.
• Limit your air conditioner usage. This can have a huge impact on your vehicle’s gas consumption. Try to park your car in shaded areas to prevent your car from boiling in the sun, increasing your need to run the A/C.
• Obey the speed limit. The faster you drive, the more gas you burn. If you’ve got a lead foot, try to cure it before it bankrupts you.
• Seek out alternate routes. However, bear in mind that steady freeway driving is more fuel efficient than taking backroads that cause you to stop or shift frequently.
• Consider buying a hybrid car. If you’re trying to save money in the here and now by combining home and auto insurance and doing everything else you can, a new car might be out of the question. But if you’re already thinking about buying a car, hybrid might just be the best way to go.
If you’ve spent more than five minutes trying to compare auto insurance policies and prices, you probably already have an aversion for the word “guesstimate” – as well you should. This is one of those words that can cause serious headaches when it comes to determining how much it’s going to cost you to insure your car. The reason? Most guesstimates are so far off the mark you might as well just ask a random stranger on the street how much they pay for coverage.
So how do you know if you’re getting a guesstimate or an estimate when doing your vehicle insurance comparison? Here are a few things to keep your eyes open for.
• Beware the agent or the online site that asks no questions. Whether you compare auto insurance online or in person, the bottom line is going to have everything to do with the personal information that you provide: from what kind of car you drive to how many tickets you’ve received to what your credit score is. Any accurate estimate will require that you give up your social security number and an accurate representation of your driving record. If anyone quotes you a figure without any of this information, you’re getting a ballpark guesstimate.
• If it’s too easy, it’s probably inaccurate. Getting a vehicle insurance comparison isn’t exactly brain surgery, but it’s not a simple process either. You have to provide a fair amount of information before you can get an accurate quote for coverage, and this can be a bit time consuming. Anytime you’re given a quote without first investing a bit of time and effort, it’s probably inaccurate and you shouldn’t count on its precision.
• Watch out for the fine print. Seek it out, and when you’ve found it, read it. All of it. And don’t just skim the words for important phrases. Unless you’re into getting major letdown surprises from car insurance agents, you’ll read everything that’s put before you. This is where you’ll spot such qualifying statements that start out like “The above figures are based on the average cost of…” and usually end by telling you that you’ll probably pay a lot more if you don’t fall into the exact definition just given.
It’s easy to lose sight of what’s really important when you’re shopping around for a home insurance quote. The fact that out of pocket cost is one of the main selling points of a lot of home and auto insurance policies doesn’t help, either. But just remember this: if you’re comparing insurance, price should never be the determining factor. Quality and amount of coverage should be your main focus. But how do you know how much coverage you need?
The biggest part of determining that is to know the value of your home. And we’re not just talking about what it would sell for on the current real estate market or what you paid for it or what you think it’ll be worth in 20 years. We’re talking about what it would cost to rebuild in today’s dollars. You should also take these other factors into consideration:
• What is the total value of your belongings? If you own a lot of expensive electronics or collectible art that could be lost if your home is destroyed, you need adequate coverage for these.
• Your insurer may not be the best person to tell you what your home’s replacement would cost. In order to get an accurate dollar figure, talk to a local construction company instead.
• Consider getting a home appraisal from your mortgage company to help you determine its current market value. Although you should insure yourself for far more, this will at least tell you whether or not you’re underinsured.
Performing a homeowners insurance price comparison is just as easy as comparing auto insurance quotes, as long as you know where to look. Check out www.agentinsure.com to do one or the other, or both at the same time. By combining your home and auto insurance, you could qualify for substantial package savings.
If you live in Texas and own both a car and home, keep these 5 tips in mind to save on both Texas auto and home insurance:
- Shop for reasonably priced insurance. The insurance you buy shouldn’t necessarily be the cheapest insurance in Texas, but should be the least expensive possible for your particular situation while still providing the best protection.
- Buy your Texas auto and home insurance from the same company. Most insurance companies offer cheaper rates if you buy both your home and auto insurance policies from the same company, thereby “bundling” them.
- Compare Texas insurance companies online. One of the easiest ways to shop for Texas car and home insurance is to shop online. You can check companies’ reputations easily this way, then choose several companies that have good reviews and customer service ratings from which to obtain quotes.
- Compare insurance quotes. Once you’ve chosen several legitimate companies with good reputations, compare and contrast similar policies from from each company for the coverage you want by getting price quotes from them. Then, choose the most reasonably priced policy that fits your needs.
- For the cheapest Texas vehicle insurance rates, pay the highest deductible possible. In addition to bundling your home and car insurance to save money, you can also save on Texas vehicle insurance rates if you pay a higher deductible on your car insurance. When you pay a higher deductible, you will have more out-of-pocket costs in the event you get in an accident, but you’ll pay lower premiums throughout the life of the insurance policy, which should save you money.
Auto insurance is designed to restore any losses to drivers who are involved in an accident in which a loss is sustained. Within the state of Texas, however, there are limits drivers have on auto insurance policies. These limits are designed to promote people to carry some kind of responsibility if they are involved in an accident.
The state of Texas has laws that make drivers carry proof of insurance. The proof of insurance shows that the driver has met the state minimums for bodily injury and property damage, which is set at $25,000 per person, $50,000 maximum, and property damage of $25,000. Drivers are allowed to have higher limits than the state minimums and are often encouraged to do so. If an accident happens the at-fault party is required by law to show proof of insurance.
The higher the limits of liability, the better protected the insured will be. For instance, if an accident has $100,000 in bodily injury and the driver carried only the state minimums then the insured would have to pay the difference between what the insurance paid out and what was left. If the insured did not have enough money to pay the difference then there is a good chance they will be sued for the rest.
Texas also fines drivers for not carrying insurance. A fine, for not carrying the minimum insurance coverage’s, ranges from $175 to $350. If the person is a repeat offender, then they face fines of $350 to $1,000. They could also lose their license and have their vehicle impounded. It is important for drivers to carry some kind of insurance.
First things first: do you know where your home and auto insurance policies are? The likelihood—as demonstrated by the vast majority of people who wouldn’t be able to tell you where their current insurance documents were if their lives were on the line—is that you don’t. But just because you’re in good company doesn’t mean that you’re in good shape.
Why It’s Important to Have Your Home and Auto Insurance Policies
Having a copy of your current home and auto policies is important for several reasons, the least of which is so that you’ll be able to refer to either in the event of an accident or damage to your home. Being able to tell the level of your home insurance coverage at a moment’s notice can also come in very handy if you’ve experienced damage to your home and want to find out what’s covered prior to contacting your insurer. Filing too many claims can result in an increase to your premiums, and in many cases you’ll want to weigh your options before picking up the phone—especially if the repair bill is less than your deductible.
How to Get Another Copy
Insurance policy paperwork isn’t irreplaceable, and it’s not terribly difficult to get ahold of another copy if your searches through piles of paperwork at home have yielded no results. You can have another copy sent out to you by simply calling your insurance provider and informing them that you’ve misplaced your current copy.