Auto Insurance During Tough Times

Anyone that doesn’t think that we are living in very tough economic times must have been hiding under a rock. The current mortgage crisis has made it almost impossible for anyone to get a home mortgage loan and on top of that the current credit crisis has made it almost impossible to get any kind of loan at all. How then, do we get through these times and keep our current car insurance coverage? There are a few options that you can take. For example, in try to renegotiate your current auto insurance monthly payment with your broker. We both know that during tough times like this it is not only tough for the person to pay their monthly car insurance payments but it’s also tough for brokers to sign up new clients and to keep old clients that are in good standing. They Might be so desperate to keep your business that they may renegotiate your monthly payment so that it will be easier for you to pay them.

Your other option is to drop your current auto insurance and look for a new one online. Looking online for car insurance broker can be much easier than searching the newspapers or the Yellow Pages and you are more likely to get a better deal on oil insurance online because their costs of advertising are cut down greatly because there is no paper to be printed and auto insurance quotes can be given to your e-mail within minutes saving you a lot of time. This is also how I got my current health insurance and how I plan also changed my current auto insurance payment to make it lower. Even this way won’t be easy paying off your monthly auto insurance payments, but on top of this you need to also start learning how to live within your means and that means not spending anything that isn’t essential like an expensive car, chocolate cake, Twinkies or gold earrings. Unfortunately we have to turn to misers, if that means we can keep our current car insurance policy it will save us a lot of misery in the end.

The last alternative would be to take a big risk and drop your current car insurance altogether. You will save a lot of money this way by not paying car insurance at all about the risks our super high. For example, if your caught speeding on the highway without car insurance not only can you go to jail, but your car can also be impounded and the cost to get your car back will also hit your pocket again. We don’t even want to talk about what will happen you get into a car accident without having auto insurance and the accident was actually your fault. Not only will you have to pay for your car rebuilt and your medical expenses but you will also be responsible for paying car fees for the person that you hit. After that it only gets worse, as you will be hit by a huge lawsuit which you will probably not be able to pay off because you’re in jail so this burden will then be placed upon your family. Take advice folks, driving without auto insurance is like playing Russian roulette if you’re well being as well as playing Russian roulette with your families will be. This isn’t something that any normal person would do for the people that they love.