Find Cheap Auto Insurance With These Simple Tips
Saving money on car insurance can seem daunting. With so many different auto insurance companies offering various levels of coverage and different prices, finding the best rate for your needs can be a challenging prospect. But dont worry, there are still a few simple tips that can make finding cheap auto insurance much easier.
First and foremost, shop around! Trying to compare rates from different companies can be a little overwhelming but its well worth the effort. You may be surprised at the differences you can find when you spend a little time researching which auto insurer offers the lowest rates.
Look into every possible discount offered by auto insurers. Many companies offer discounts for an array of reasons multiple car and driver memberships, good student discounts, and safe driver discounts, just to name a few. Make sure you inquire about each potential discount available.
Check your credit regularly. Your credit score can have a big influence on your auto insurance rate. Having a good credit score can save you hundreds of dollars per year. So keep an eye on your credit score.
Buy your policy on line and pay for it in full. Many insurers offer good discounts when you purchase your auto policy online and pay it off in full. Taking advantage of this offer can save you quite a bit of money.
Buy a higher deductible. You can save money on your premiums by increasing the amount of your deductible. Do look into how much you can realistically afford when deciding on a deductible amount.
Raise your mileage. By raising your annual mileage to 12,000 or even 14,000 miles, you can qualify for a reduced rated. Make sure you are honest about your mileage when applying for auto coverage.
Think twice before adding certain beneficial features. Most insurers offer certain additional features that can add to the cost of your policy. If you dont really need that extra coverage, its best to avoid it.
Another way you can save money on your auto insurance is to bundle it with other forms of insurance such as renters or homeowners insurance. By consolidating your policies under one insurer, you can qualify for a multi-policy discount.
If you are an active-duty soldier or a veteran, look into service discounts. Many auto insurers offer discounts for those who served in the military.
Raise your credit score. Paying off credit cards, keeping your accounts in good standing, and avoiding high interest debt can help to improve your credit score and can lead to lower auto insurance premiums.
Look into safe driver classes. If you live in a state that permits it, taking a safe driver course or drivers education can reduce your auto insurance rates. Check with local schools and driving schools to see if they offer discounts.
Consider different payment options. If you dont want to pay your entire premium up front, ask your insurer if they offer discounts for paying your auto policy in installments.
Drive an older car. If you drive an older car, check to see if your insurer offers a discount for vehicles that are five or more model years old.
Dont be tempted by flashy features. If you dont need a flashy new vehicle and all the additional insurance associated with it stick with a reliable used car. The lower cost will translate into savings on your auto policy.
Try and use the same insurer for more than one vehicle. If you and a family member have two separate auto insurance policies, ask your insurer if they offer a multi-vehicle discount.
At the end of the day its important to be smart about your auto insurance. Taking a few minutes to understand how car insurers set their rates, and researching all the discounts available can make a big difference in the amount of money you end up paying. All it takes is a bit of effort and research to find cheap auto insurance!