Digital News Report – The recession has created a difficult time for many families across the United States. As the spending budget shrinks, households are looking for ways to cut their monthly living expenses. One option to consider is part-time car insurance policies.
If you haven’t driven a car very much or if you have more than one car and are willing to live with driving only one car, you can ask your car insurance company to temporarily remove the one car off of the insurance policy. You won’t be able to drive the car while it is uninsured, and you may have to notify the DMV that the vehicle is not being driven.
If you live at two separate houses, and you only use the cars at the location during the winter or summer months, insure them only for the time you will be driving them.
Other ways to save on car insurance is by shopping around with different companies by getting quotes from each one. This way you can make sure that you are getting the lowest rate. Sometimes you are over insured, make sure that you are insuring your car for the current market value and not for an amount that it is not worth. If you don’t drive much, ask if they give discounts for someone that doesn’t drive very many miles. In addition they usually always have a discount at car insurance companies if you insure your home with them as well.
One benefit of sticking with the same car insurance company is that you can get a discount for being with them for a couple of years. But don’t be afraid to shop around, because even with the discounts it is possible that you are still paying to much.