Cheap Car Insurance
Do you feel that you are paying too much for your car insurance? You aren’t alone. Many drivers end up paying more than they should, partly because of the confusing number of options available and partly because the auto insurance companies are not usually anxious to offer any discounts.
Shopping around and comparing rates is the first step in saving money on your car insurance. Instead of calling around to different companies, getting a quote online is faster and more efficient. It’s very important to get quotes from at least 4 different companies, to ensure you truly are getting the best deal. Normally, you don’t have to wait until your current policy expires to switch companies.
It stands to reason that safe drivers get the lowest car insurance premiums. Most insurance companies will offer lower rates to people that have not had accidents or traffic violations over a certain period of time. In addition, if you have taken a driving safety course you may be eligible for discounts, so make sure you mention this to your prospective carrier.
Be sure to look out for other discount opportunities. Certain safety features like car alarms, anti-lock brakes, automatic seat belts, or airbags may qualify you for additional discounts.
You can usually save money if you use the same insurance company for your car and home. Also, if you drive under a certain number of miles per year you may be able to receive additional savings.
Consider increasing your deductible, the amount you pay before the insurance company covers the remainder of the repair costs, in order to reduce your rates. It’s possible to save 15% to 30% on your comprehensive and collision premiums by raising your deductible from $100 to $500.
The deductible make a big difference with an older car. Many times it doesn’t make sense to get collision and comprehensive coverage if your car is worth less than a couple thousand dollars, and you definitely want a higher deductible in this case. Also, keep in mind that SUV’s and sports cars generally have much higher premiums - when you’re in the market to buy a car.
Unfortunately, we all have to have car insurance. But with a little bit of research, it is possible to be insured for less.
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