Auto Insurance Industry Secrets Revealed by Insider--Hidden Discounts Made Public

March 3, 2011 - PRLog -- Entitled "Ten Questions," the guide is your ticket to better coverage and lower rates on your auto insurance. The amount of premium you pay is determined by the amount of "risk" you are seen to represent. Much of that determination is made through your answers to a series of questions you will be asked, either online, or in person by an agent. These are the "Ten Questions" referred to in the title.

Knowing the "correct" answers to those questions in advance will help you get the lowest possible rates, and all the discounts you are entitled to. You will also gain the knowledge that you will need to progressively lower your rates over time, as you learn what factors are considered in determining your rating "tier."

Each state has decided what rating factors, discounts, and fees may be used, and which may not. Insurance companies do not determine these factors, as is commonly believed, but they in fact respond to them. Once a discount is allowed, it will soon be offered. If a fee is allowed, most likely it will be charged. It is the same with many rating factors, such as the much despised "credit-based insurance score." This and other factors affect the total risk assessment, or "underwriting" that you represent to an insurance company.

Your goal as a consumer of auto insurance products is to minimize the amount of “risk” that you are seen to represent, and this is directly related to the "rating tier" (and therefore discount) that you will receive.

The guide is available as an ebook at Amazon.com, and can be read on your Kindle, PC, ipad/iphone, and most Android devices. Follow the links below for more information.

http://search.barnesandnoble.com/Ten-Questions/John-David...

For the Kindle:
http://www.amazon.com/Ten-Questions-Insurance-Discounts-e...

In Paperback:
http://www.amazon.com/Ten-Questions-Insiders-Insurance-Di...

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John David is a publisher of self-help guides and consumer information materials, in electronic and other formats.