New Infographic By Money Tips

Online, April 2, 2014 (Newswire.com) - Moneytips.com is an online personal finance and information online community site with its office located at Los-Angeles. The website has released a new infographic titled "10 Car Insurance Discounts that can save you money".

In the United States, most of the states have a compulsory car insurance law. If you are a car owner, you need to be covered by insurance before you start driving your vehicle. It's a mandate in forty seven states in The United States to have car insurance. Among these forty-seven states, fifteen states which include Massachusetts, Florida, Michigan, Maryland, New Jersey and New York also require a car owner to get a Personal Injury protection. Insurance minimum payment is determined by the state law, but it is recommended that people customize their car insurance policy to suit their individual needs as well.

There are various factors in consideration when selecting a car insurance policy. Some of the factors include the value of your car, the amount of money you want to invest and your driving record, year of car manufacturing, current showroom value of your vehicle among many others. If you understand your needs beforehand before you select your car insurance, it will reap you benefits when needed. Select an insurance policy which helps you cover your car maintenance as well apart from basic accident policy.

There are various types of insurances offered by various companies to cover your different insurance needs. In these third party and comprehensive insurance is the major divide.

To view the infographic, visit -

http://moneytips-1.blogspot.in/2014/02/10-car-insurance-discounts-that-can.html

About MoneyTips.com -

MoneyTips.com is an online community and information resource that offers expert advice to people and assists them in making rewarding financial decisions. The website is a community of financial experts and professionals who offer advice on various money-related questions and issues, enabling people to make better financial decisions.