| The fact is that some low limit policies cover hardly | | | | There are many companies now that offer multi-line |
| anything. Some states require that you only have | | | | discounts and most companies also offer a variety of |
| $5,000 in property damage coverage on your liability | | | | coverage types from home, renters, auto, |
| policy. So what happens if you crash into a newer | | | | motorcycle, RV and off-road vehicles. You will save |
| vehicle? If the other driver's attorney discovers you | | | | more by insuring at least two of these items |
| may have some assets or funds, they will then take | | | | together with the same insurance company. |
| you to court for the remaining amount your | | | | 3. Paid In Full |
| insurance provider didn't pay for. | | | | Purchasing your policy in full for the entire 6 months |
| Now to answer your question, there is quality low car | | | | or year will also help you reduce your overall |
| insurance. But you don't get quality car insurance by | | | | insurance expense. A great thing about the annual |
| selecting lower limits of coverage. Below are a few | | | | policy is it locks you in with the rate offered by the |
| ways you can reduce your premium without taking | | | | Insurer. In other words, if you get into an accident, |
| away from your coverage limits. | | | | it won't be raised until the next year. |
| 1. Raise the deductible. | | | | 4. Comparison Shopping |
| Raising your deductible will generally lower your | | | | Regardless of whether you need a simple auto policy |
| premium without you having to reduce your | | | | or a multiple line package policy with a bit more |
| coverage limits. This will however make it to where | | | | coverage, the best way to save is by comparison |
| you cannot file smaller claims - claims less than your | | | | shopping several companies so you can find the |
| selected deductible. | | | | Insurer that offers the coverage you want at a price |
| 2. Combine Coverage | | | | that you're willing to pay. |