Pay Off Your Debts with Money You Save from Your Car Insurance
Sick of seeing all these commercials about saving money on car insurance? Why not take them up on their offer save some serious bucks, and use it to pay off some debt?
What the car insurance companies know, is that less than 30% of people shop around for car insurance to get the best deals out there. They also know that if they can prove that they can save you money on your car insurance, you will switch car insurance companies to do business with them. The truth of the matter is, they are right.
The time spent to shop around and get the best comparison prices is well worth it. Most people do not realize that they could possibly save up to $500 a year on their car insurance if they comparison shop! You could use that money to pay down a credit card or pay off some other high interest debt. It also pays to comparison shop on a yearly basis as prices rise and fall, you could make out in the end on the best deals.
The car insurance companies know that many people are in debt and they are looking for ways to save money. That is why you are seeing all these commercials trying to get your business. There really is a big difference in price quotes with the same kind of coverage from different car insurance companies. The key here is to make sure that you are getting the same kind of coverage. Be careful that you are not losing any coverage that you need to get that cheaper quote. Call the car insurance companies and go over your current plan and ask them for an exact coverage comparison. You will be shocked at the various prices for the same coverage.
Car insurance companies are not the only ones that can help you save money. What about your homeowners insurance? What about other insurances? Most people don’t think about checking back on their quotes and shopping around after they already have a plan. You may have got a good deal 3 years ago, but now you might be paying outrageous premiums compared to other insurance companies with the exact same coverage.
So, shop around and save yourself some money. You may be able to save enough to splurge a little on yourself for a change! Make an extra payment on any bills, if you can, to save on interest charges and pay the bills off sooner. You’d be surprised at how easy it is to save if you just keep on top of the car insurance price wars.