A Comprehensive Guide To Getting Cheap Auto Insurance
We all know that auto insurance can be expensive, but did you know that with a few simple steps, you can save hundreds, even thousands of dollars a year on your auto insurance policy? This comprehensive guide is designed to teach you how to get cheap auto insurance without sacrificing coverage or services.
First off, consider raising your deductible. By raising your deductible, you increase the amount you have to pay should you get into an accident, but in return, you reduce the amount of your monthly or annual premiums. A higher deductible might not sound like a reasonable tradeoff, but if you’re responsible when it comes to driving, you can potentially save hundreds of dollars without ever having to shell out in the event of a collision.
Second, consider shopping around. When it comes to auto insurance, there are dozens of companies that can provide coverage, all with slightly different prices. Don’t be afraid to take the time to shop around and compare different rates and plans. You could save a bundle just by switching to a different provider.
Third, know what incentives you qualify for. While enhanced coverage comes with enhanced costs, many auto insurance providers offer discounts for good drivers, low miles, multiple and/or safe vehicles, and more. Make sure youre aware of the incentives you qualify for, so you can get the best deal possible.
Fourth, consider bundling your insurance. Bundling your home insurance with your auto insurance can save you even more money. With bundled coverage, many insurers offer discounts, and you save the hassle of managing multiple policies with multiple companies.
Finally, keep your driving record clean. This ones simple: the fewer citations or traffic accidents you have, the lower your auto insurance rates will be. So if youre serious about saving money on auto insurance, the best thing you can do is stay aware, drive safely, and dont speed.
In addition to the most basic methods of saving money on auto insurance, there are several other routes you can consider. One convenient way to save is by signing up for low-mileage driving discounts. Insurance companies offer discounts of up to 30% off for customers who drive less than 7,500 miles per year. Another quick way to save is by taking the time to automate your payments. Many providers will offer discounts for customers who make recurring payments with a credit card or bank account.
For drivers who have more time, you may want to consider pay-as-you-go auto insurance plans. This type of program keeps your premiums low, as you only pay for the miles you drive. GPS-based technology tracks the distance you travel, and your plan is adjusted accordingly.
Lastly, dont be afraid to ask your independent agent for help. An independent agent can help you compare rates and coverage levels from several different insurers and can recommend additions and subtractions from your policy to ensure the best protection at the best price.
For those looking to score even bigger savings, consider a driving-monitoring based discount. This type of program uses a device or app to track your driving behavior. With devices like this, you may be eligible for insurance discounts for unexpected savingsas long as you keep your driving record clean.
Dont forget to check out the various usage-based programs that are available. Many auto insurance companies use data from your vehicles electronic system to monitor your driving habits and reward good drivers. So if you already drive safely, you can be rewarded with lower premiums.
Finally, dont forget about the obvious. Every state has some type of merit-based discounts, such as for drivers with good grades, or for seniors, military personnel, and others. Make sure you know what discounts you may be eligible for, and always read the fine print to see what other surprises may be lurking in your policy.
So if youre looking for ways to get cheap auto insurance without sacrificing services, take a look at the tips outlined in this article. With a little bit of research and a few simple steps, you can save big on your auto insurance premiums. Now, what are you waiting for? Start saving today!