Tips to Help You Save on Auto Insurance
- Raising your Deductible – Your deductible is the amount you pay from your pocket before making an insurance claim. A disadvantage of raising your claim, is that when it comes time for you to make a claim, it will cost you more. However, if you’re a safe driver, you will overtime save more money by raising your insurance deductible.
- Drop Comprehensive & Collision Coverage on Old Autos – If your car is not worth much, why pay for comprehensive and collision insurance coverage? Before getting to a policy, check the value of your car. There are a myriad of online sites, that will tell you the full value of your car. In addition, your insurance broker may be able to pull up the true value of your car.
- Taking Advantage of Low Mileage – Some auto insurance companies will give drivers discounts if they have a lower mileage count or drive a certain distance to work.
- Moving—Consider Insurance Costs – If you are considering moving, it would be a good idea to call your insurance agent and get their opinion on the insurance costs in the new city or state.
- Low Profile Vehicle – Do your research before making an auto purchase. The type of vehicle you drive can be the difference between a high and low insurance rate. Certain cars are favored by thieves because they can get a good price for them. Other cars may be more expensive when it comes to repairs. Make sure to do your research before purchasing a new vehicle.
- Make Sure Your Vehicle is Correctly Listed by Your Insurance Agent – Many manufacturers offer similar model names for vehicles, but the insurance for them can vary. Even the difference between a 2-door and 4-door model can impact your auto insurance quote.
- Check for Discounts – Many, companies offer discounts if you and your spouse are insured with the same insurance company. Additionally, if you look to bundle your home, auto, and life insurance with the same company, you can quality for certain discounts.