Simple Ways To Save On Your Auto Insurance
The easiest way to save on auto insurance is to shop around. Compare rates from multiple providers to get a wide range of pricing so you will have the most comprehensive collection of quotes available at your disposal. Probably the easiest way for most consumers to shop is online. There are dozens of websites that allow you to submit information over the Internet to receive quotes for your auto insurance needs.
Be a responsible consumer and shop for your auto insurance well before your current coverage ends. Many insurance companies provide a early shopping discount to consumers who seek replacement insurance before it is needed. Insurance companies believe consumers who practice this are actually being more responsible shoppers. In this case, being a responsible shopper can save you as much as 12% on your next auto insurance policy.
An often overlooked way to save on new car insurance is to consult with an agent before making a purchase. Agents will have important data about repair cost, vehicle theft history, model safety records and other data that you might want to consider before making a purchase that will have the added expense of insurance from day one.
Do you travel very little in your automobile? If so, ask your agent for a low mileage discount. While you are at it, there are also discounts available for good teen students that are on your policy, people who have taken defensive driving courses and consumers who combine two policies such as auto and homeowners or auto and renters insurance.
Finally, you can always raise your deductible. Raising your deductible can often reduce the cost of collision and comprehensive coverage by as much as 30%, lowering your total premium by as much as 40% or more. This discount should only be sought by those with enough money set aside to actually cover the difference in the deductible amount.