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Monday October 11

Allstate Gives Tips on Lowering Your Auto Insurance Rates

Allstate Insurance has issued the following suggestions:

If you thought the declining number of auto accidents, safer cars and a crackdown on insurance fraud could lower insurance premiums, think again. According to a recent report by the Insurance Information Institute, rates are still on the rise...expected to jump 3.5 percent this year alone.

Even if you haven't had any accidents and steered clear of speeding tickets your insurance premiums could rise. One reason is costly insurance claims. Even though drivers are filing fewer claims medical and repair costs continue to increase.

Some companies offer new cars discounts...and certain economy car discounts. For students under 25 years old, better grades can qualify them for lower rates...while drivers in the over 55 crowd may qualify for additional discounts, especially after completing a defensive driving course.

Of course the best way to help keep your rates down is to keep a clean driving record...that means no at-fault accidents, no violations and an up to date liability policy.

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