Construction personnel can pay anywhere from $500 to $2,000 for the same car insurance policy, so it pays to shop around and do your homework. Cost savings shouldn’t be your only concern. When you buy insurance, you’re purchasing protection; and pinching a penny can come back to bite you if you’re not careful. Here are some tips to help you make the right decisions when purchasing car insurance. In some states, like Texas, 30% of drivers don’t have insurance or adequate insurance, so it’s critical to get uninsured/underinsured motorist coverage to cover your medical bills, lost wages and pain and suffering if an uninsured motorist injures you. Think beyond your car. If you are a construction worker and already have proper family health insurance, you might be able to avoid paying more for personal injury protection or medical payment insurance related to your car coverage.
Your neighborhood counts. Crime rates are a factor. Consider the types of cars those around you drive. If you live in a beautiful area, full of high-end vehicles, you may want to increase your property damage coverage. If you live in a rural area, you’ll probably enjoy lower rates than those living in high-traffic urban areas. Living in downtown Dallas, Texas, is likely to cost you more than living in a quiet suburb on the outskirts of Kansas City, Missouri. Where you park, your car might impact your insurance premium. If you park inside a garage, it’s less vulnerable to theft and weather damage than parking it in a driveway or street, and it may entitle you to a discounted rate. If you work at home, have a short daily commute, or use public transportation, you might also be able to save some money on your car insurance policy with a low mileage discount.
Depending on what building materials firms do for a living, they might be able to save on their car insurance premium. Some construction professions are deemed at a lower risk. Teachers, scientists, police officers, and firefighters often get discounts on their insurance premiums. College students that go to school more than 100 miles away from home may qualify for a discount, based off the assumption they’re seldom behind the wheel of the family car. Construction personnel also recommend clients to ask about good student discounts.
It pays to get married. Married men statistically have fewer accidents than single men, so if you are looking for a little extra incentive to take the plunge, consider the savings on your car insurance premium – don’t make it part of your proposal. Ask about a multi-car discount if you have more than one car in your home. A speeding ticket can cost you more than just the fine. A bad driving record can also jack up your premium costs.
Building material firms can reduce their monthly premium on car insurance if you are willing to live with a higher deductible. If the actual cash value of your car is meager, you might want to consider dropping comprehensive and collision coverage. Married men statistically have fewer accidents than single men, so if you are looking for a little extra incentive to take the plunge, consider the savings on your car insurance premium – don’t make it part of your proposal. You can reduce your best short term car insurance prices if you are willing to live with a higher deductible.