Low Cost Auto Insurance – What Can I Do If I Cannot Afford Car Insurance?

Everyone has to get auto insurance and there is no way round this. What if you cannot afford auto insurance though? This may sound strange that you can afford a car but not the insurance. The fact is though for millions of people the cost of paying for car insurance can be more than the car is worth or just too much of a monthly expense.

If you cannot afford to pay for your insurance you cannot drive your car. It is as simple as that. It is even worse if you have got a car with an auto loan. This is because auto loan companies demand that you get full cover. This is in case you have an accident and the car is wrecked so they can get all their money back.
What can you do to be able to afford auto insurance?

Short of getting a bike or walking you might think there is not much you can do and if you already have a car there must be something you can do?

Buy an old car.

If you buy an old car make sure it is reliable. Buy the best car you can for as little as possible. The cheaper the car the cheaper the insurance and if you buy a cheap car and then take out minimal cover you can find a car you can afford and insurance you can afford too.

If you sit down and work it out you will find that buying a cheaper car and getting minimal insurance the cost will be the same as that what a car would cost by itself if its slightly newer and you can save yourself thousands over the year this way.

Find cheap auto insurance.

If you already have a car do not despair. Even if your insurer has given you a price that is way out of what you can afford you can still cut the cost of what you pay. Here is how.

You can go to ten different insurance companies and get ten different quotes for virtually the same cover. This is because different insurers target different people for customers and you can use this to your advantage and save yourself hundreds of dollars a year.

All you need to do is to get on the internet and find an insurance comparison site. Doing this will help you to find insurance you can afford in just a few minutes and in some cases can save you 50{5bcf94f82cf8a36c68cc47ffe9901d68a1fd5f59c7fabc3b2930ea6a270efa8e} of what you are paying now. If you cannot afford auto insurance now you will be able to after getting online and finding cheaper cover and it will only take you a few minutes.