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Are you zipping nearly in the drive of the dreams? Whether your car is a souped-up Mustang, a classic using all the bells and whistles or a Ford Escort with an enhanced acoustic system, your car is likely among your most prized possessions.

But possess you repossessed methods to defend it as such? Unless of course you’ve secured further car insurance coverage, it’s quite likely that the after-market modifications, equipment and accessories you’ve added aren’t protected at all. Standard auto insurance policies only cover “stock,” or factory-installed elements and accessories.

If your truck and its conversions are scorched in an accident, vandalized or nicked, the only way you’ll be capable to get back again which you lost is if you have insurance not merely on the truck itself, but the add-ons as well.  So which type of protection is readily available?

Quite a few car insurance coverage producers present special coverage to shield your funding in lawsuit of fire, theft or harm caused by an accident. Allstate’s Auditory Hard drive Protection, for instance, is specifically intended to guard certain music additions, while Tape/CD Coverage can improve change certain audio advertising which’s burned or stolen from your car. (Make sure to ask your Allstate agent, or examine your coverage very carefully for details on how and once doing so coverage applies.)

If you’re an automotive collector, or another person who fashions restored classic automobiles, an import or road rod, you may possibly want to get your vehicle acclaimed as a exceptional car for insurance coverage purposes.

Unique protection is additionally available for cars using wheelchair lifts, high-tech motorbike racks, canoe or kayak carriers and various add-ons, but protection is not automatic. You must let your insurance manufacturer understand regarding any add-ons your car has. Odds are these folks should present you using rider protection particularly overlaying the features once you ask for a car insurance policy quote. (http://www.allstate.com/auto-insurance.aspx)

Courtesy of ARAcontent

Youngsters who are in the age group of 18 to 25 are collectively known as young drivers, as they lack the necessary experience in driving a car. Due to this, car insurance companies have made car insurance for youngsters quite expensive.

Young drivers tend to be more accident prone. They generally like to drive really fast and they can cause harm to others. This is why the premiums that they need to pay can be so expensive for them.

It is only after a young driver proves that he/she is a good driver on a consistent basis, which will bring down the car insurance premium.

There are a number of insurance companies that are offering cheap car insurance for young drivers. You just need to look at different companies to decide which one you may want.

You can look at most insurance companies on the internet. Just because the person may be new to driving, they may still be able to get cheaper premiums.

Here are a few of the things that will be considered: gender, where they live, the car they drive, the coverage that they want and their past driving record.

Young drivers with more than three years of driving experience may get a discount on their premiums. The same is true if they live close to where they work or where they go to school.

If the car insurance premium is paid upfront for 3 months or 6 months or a year, it will also help in reducing the premium substantially and you will save a lot of money.

Young drivers are also entitled to a discount if they complete a safe and defensive driving course, which improves their overall driving skills.

Accidents can cause the price to go up when you are young and you seem to be inexperienced. Young drivers who have been to a driving school to learn the skills of driving a car are offered discount by car insurance companies.

If the car model that the youngster drives is old, it also entitles him/her to a cheaper insurance. There are a lot of things like this that you can look at on the internet to see which ones may apply to you. Each one of these schemes will have distinct features and you choose one depending on your individual choice and preferences.

You can also visit this website as I cover topics on: 17 Years Old Car Insurance

The Kansas Insurance Department reports that Kansas ranks sixth lowest in the nation for average auto insurance expenditures, according to figures released by the National Association of Insurance Commissioners (NAIC). This is the fifth consecutive year the state has been ranked as a leader in lower rates.

Information from the NAIC shows Kansans spent an average of $568 per vehicle for insurance in 2007, the last available reporting period.

That figure is down $11 from the previous survey average a year ago. Last year’s report had Kansans spending an average of $579. All figures are rounded to the nearest dollar.

The ranking assumes all insured vehicles carry liability coverage but not necessarily collision or comprehensive coverage. Consumers in Kansas aren’t required to carry collision and comprehensive, but coverage may be required by a lending institution that carries the vehicle’s loan agreement.

In the latest report, North Dakota is lowest with an average auto insurance expenditure of $512, followed by Iowa, $518; South Dakota, $534; Nebraska, $554; and Idaho, $564. Behind Kansas regionally are Oklahoma, $646; Missouri, $658; and Colorado, $738.

The national average is $795.

The average cost of a policy that contains all three types of coverage (liability, collision, comprehensive) is $713 in Kansas, according to the report. The state ranks as the 10th-least expensive in the nation in that category.

The NAIC 2006/2007 auto database report, which contains the figures listed above, is designed to provide necessary information and analysis for insurance regulators, consumers and policymakers.

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In Part 1, we detailed the first five strategies on how to cut your car insurance costs. In Part 2, we show you the second five.

STEP 6 – Review, Change or Cancel No Fault & PIP (Personal Injury Protection)

No-Fault Coverage, and it’s Twin – PIP – started out as great idea’s. Your premiums were actually going to be lowered. Then, your State Politicians got involved (at the urging of insurance policy Lobbyists, of course) and mucked it up.

You see, no-fault insurance policy coverage was originally intended to have each individual’s losses, covered by their own car insurance company – no matter who was at fault.

Today, in many States, car insurance companies are making a ton of money on no-fault because the insurance companies convinced State law-makers to make “modifications.”

Today, because of the these changes, car insurance policy companies have actually used the no-fault laws to reduce payments on a claim made by a customer, instead of reducing car insurance premiums as it was supposed to do.

So, premiums keep going up-and-up and insurance companies end up paying less for claims – Someone’s getting rich on that deal….and it’s not you.

And to make matters worse, some States (with really, really talented insurance Lobbyist’s) also require an additional premium be paid on top of the no-fault premium. This beauty is called Personal Injury Protection (PIP).

PIP is a “wide-blanket” of coverage and can leave Collision Coverage, Hospitalization, Social Security Disability, Workers Comp, Personal Disability insurance policy & Life insurance policy.

The trouble with PIP and what it covers is….

You already gave most, if not all, of these coverage’s anyway, don’t you? So, you’re paying twice!

So, you need to do a couple of things:

Google “minimum levels of required auto insurance” to see if No-Fault insurance and/or PIP Is asked in your State;

Then, check your policy. If it’s not asked by your State to have No-Fault/PIP Coverage and it’s on your policy – cancel it. If No-Fault/PIP is asked by your State….take the absolute minimum. Here’s how.

If you must have No-Fault/PIP, ask for and get a deductible from your car insurance policy company.

STEP 7 – Cancel Medical Coverage

Medical Coverage, on most car insurance policy policies, is a promise to pay “reasonable” medical expenses for anyone who is riding in your car should you have an accident…as well as anyone in your car should it get hit by someone else.

Cancel it. You don’t need it.

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How much do you pay for Car insurance every year?

Eight hundred dollars a year?  One thousand?  Two thousand?

Whatever the amount you’re paying now, you can slash that amount by more than 50% by simply following a few simple strategies.

Can you cut your car insurance costs by investing only 30 seconds of your time?  No, that can’t be done.

But if you’re willing to spend 30 minutes today, this week, or next, I’ll show you how to save up to $6,000 on your Car insurance over the next 10 years.

Okay, here we go.  Grab your Car insurance declarations page (the page in your policy that details all the coverage’s you’re paying for) and follow along.  Make sure you take some notes.  If you don’t have your policy, or can’t find it, call your car insurance company and get one – they’ll send it to you pronto.

STRATEGY 1 – Make sure you’re getting all applicable discounts for your vehicles safety features, such as:

- Front, Side or Head Curtain Air Bags;

- Automatic Seat Belts;

- Anti-Theft Alarms or Tracking;

- ABS or Traction Control….and many more.

Think about the safety features you have….and write them down.

STRATEGY 2 – Review & Change Deductibles For Comp & Collision.

Most Car insurance policies have two deductibles – one for “collision” (you hit someone or someone hits you) and one for “Comprehensive” (all other damage or loss).

For both of these, have at least a $500 deductible – preferably a $1000 deductible.

Here’s why – If you are currently paying a $100 – $250 deductible, you’ll save up to 40% per year on your monthly premiums by moving it to $500.  That implies if you’re currently spending $1,000 a year on insurance, you’re going to get to keep $400 every year.  If you jump to a $1,000 deductible, you could keep almost $600 extra a year in your pocket.

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