As Seen In: MSNBC 4/14/2008 By Steve Tuckey
It is a known fact that the type of vehicle you have the type of equipment it comes with is a big determining factor for insurance premiums. While is it known that certain types of car and what they come with can cause your insurance premiums to go up, having certain types of equipment on your vehicle can also cause your insurance premium to decrease as well.
Having a vehicle that has anti-lock brakes, daytime running lights, and ant-theft devices can all help reduce your insurance premiums. There are even some states that require insurance companies to give discounts on insurance premiums by having these things. Vehicles with a high crash test rating have been know to lessen insurance costs.
Raising your liability coverage from $300,000 to $500,000 on a car only costs on average an extra $60.00 a year for 2 cars. Knowing how much it could cost to treat serious injuries during an accident, raising your liability coverage is a good investment. It would also be a good idea to check your health or disability benefits to make sure you are not duplicating coverage that you already have. The last thing you can do is to find out and improve your credit score.
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Content for this was first stated by: http://www.msnbc.msn.com/id/24111107/ns/business-autos/t/ten-ways-cut-your-car-insurance-costs/#.T-SjULVYv5R
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