Motor insurance is mandatory. Anyone who drives must have an insurance policy otherwise you can simply just get behind the wheels. Accidents happens during times when you least expect it. If you are going through some tight financial situation, you are not excused to not have insurance coverage, but there are a lot of available ways on how to save money on auto insurance policy. Here are some tips that you can use to save lots of cash at the same time have a quality motor insurance coverage.

• Shop around
There is no harm in shopping around for auto insurance. People tend to focus on the top two insurance companies. These people might have been the oldest and the smartest of all but with their price tag, you are simply paying for their name and not for the service that you are getting or will be getting just in case. It’s a good thing that there are more than thousands of websites that provides online research and compare tools. With these smart tools, you would be able to compare premium rates and the features and benefits of your insurance.

• Pay upfront
One of the best tricks to save money on insurance is to pay your policy upfront. This will not just earn you some plus point in your credit rating but you are also getting loads of discounts as compared to monthly payment schemes.

• Clean up your credit rating
This is one of the most discriminatory acts that insurance providers do but there is nothing anyone can do about it. Did you know that insurance providers consider your credit rating when calculating the risk? Yes that’s, “technically” if you are responsible enough to pay for your dues, that means you are a responsible driver. If you want to save money on auto insurance, please your insurer to get more discounts.

To those who are engaged in rental business, a way to protect you against abusive tenants is to obtain Landlord Insurance from Allianz to ensure that your properties are guarded and protected. It is a common scenario that there are only few tenants that you can trust these days when it comes to trusting their accountability and stewardship of your property without destroying it or damaging it. Of course, you have to maintain the insurance to ensure that future tenants would have a contract with you and your business will continue.

Continue reading »