Auto Insurance

[jtur88]

Here's a clue. When the insurance companies list how much you can save by switching from X Y and Z, there is one company that you always save the LEAST by switching from, which means their rates are the lowest of the biggies that they use in the comparison. Have you noticed that? That company is always State Farm.

You can also save if there are long periods of time in which you do not use your car, just by suspending your coverage for that period. When I go to Mexico, I suspend my USA coverage for the time I'm gone. The pro-rated refund on my US coverage is enough to pay for my Mexican insurance. Then, I just phone my agent and reinstate the coverage when I get back to the border. But you don't have to leave the country to do that. Just suspend it if you don't plan to use that car for a month or more. If you're going on vacation, you can even suspend it for the time the car is in the long-term airport parking lot. If you're in a high rate state, that could even save you the cost of the parking.

[orbius]

Amica pays 15% on average back on homeowners at the end of the year. Also I found their auto insurance to be quite a bit lower than State Farm. Its a co-op and if they pay out less than they take it in they distribute that money back to policy holders.

[sponger42]

About $10/month for full coverage. However, that's due to a temporary living situation which allows me to pay nothing for housing and little for insurance.

When living like a "normal" person, we were paying $30/mo for a 1997 Mitsubishi Mirage, and $60/mo for a 2004 Mazda3.

Any time you can avoid operating your automobile, you save money and get healthier if you cover the distance on foot. Cars are money pits.

[NewJersey?]

What constitutes "pleasure driving"? I use my vehicle as a SAHD. I drive it about 4500 miles per year. It mostly sits in the driveway. My wife uses another car for her work.

My car is a 2001 and has 39,000 miles on it. At this rate, it should last 30 years. Ha! I wish.

Btw, I used to have Geico and I switched to Liberty Mutual and saved several hundreds/year on both vehicles.

[dazzleman]

I have Liberty Mutual. I pay about $1,100 per year for full coverage on a 2006 BMW 530i. It's a very good rate for the area where I live (Fairfield County, CT).

[Tightwad]

Originally Posted by little elmer

I've been happy with Geico since they blew All State out of the water a few years ago, but I'd be remiss if I didn't shop around. What is the almighty Frugal Community paying for that piece of paper, and to whom?

Find an Independent Agent that sells for many companies and ask for his help finding the cheapest insurance that serves your needs the best.