Reduce insurance coverage with caution

Reduce insurance coverage with caution

Reducing coverage on auto insurance or other forms of financial protection may be one route consumers take to save money.

Given that unemployment is high, many Americans are trying to reduce their monthly bills. And while there are ways to obtain auto insurance coverage for lower rates, the Insurance Information Institute says consumers should be careful about lowering coverage.

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How to Save on Auto Insurance

How to Save on Auto Insurance

In today’s tougher economy, everyone is looking to save money on car insurance. Here are ten tips to help save money in premiums, according to the Insurance Information Institute.

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Car upkeep important as winter approaches

Car upkeep important as winter approaches

Keeping up with car maintenance, especially during winter, can help avoid an accident, which would drive up a consumer’s car insurance rates.

Recently, AAA recommended consumers have their vehicles looked at by an auto repair shop. During the visit, drivers should make sure mechanics check out a car’s battery and recharging system, along with drive belts and engine hoses.

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Government announces new five-star auto safety rating method

Government announces new five-star auto safety rating method

Car insurance costs can be affected by the type of car a person drives, including how safe the vehicle is.

The National Highway Traffic Safety Administration’s David Strickland and Transportation Secretary Ray LaHood announced enhancements to the Five-Star Safety Ratings System used to grade new vehicles. Included in the new metrics are side-pole crash testing and an examination of crash-prevention systems.

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