RoxanneHere are some of the top tips to keep car insurance from draining your wallet.
Don’t Commit To One Company
Whether you’re looking for an insurer or feel safe by sticking with your current provider, avoid the mistake of sticking with just one company.
When searching for car insurance, you should always compare prices and get quotes from various companies so you can get the best price and coverage that fits your needs. Once you know what coverage is required by your state and leasing company/lender, you can then go online to find multiple insurance quotes within minutes to make an informed decision. QuoteWizard is one website that can help you find the best car insurance rates, and there are several others like it.
What about if you already have car insurance? Contrary to popular belief, sticking with that one company may not be ideal, especially as far as costs are concerned. Even though you may be happy with your current car insurance provider, that should not stop you from shopping around every year or two to see what potential savings could be out there. In fact, many feel that the best way to save on car insurance is to switch companies since the competition is so fierce.
Talk To Your Insurance Agent To Discover Savings
Some companies automatically search for and apply discounts when you get a car insurance quote. Others, however, require that you be proactive and ask your agent to give you all possible discounts. If you feel like you are paying too much for car insurance, give your agent a call and ensure you get all the discounts you are entitled to.
Get Discounts By Bundling
You could save 10 percent or more on your car insurance by bundling it with other coverage, such as other auto insurance policies, renters insurance, homeowners insurance, etc. Beyond snagging savings, bundling also makes life easier since you only have to deal with one company for all of your different coverages.
Mention Your Occupation
Some insurers offer car insurance discounts depending on your job. For instance, you could get a car insurance discount if you work as a first responder.
Mention Your Parking Situation
If you live in a big city, you could get a deal on car insurance by mentioning that you park in a garage, residential driveway, or somewhere secure every night since it lowers the chances of theft.
Take A Class
A defensive driving class could make you a safer driver, and many companies will give you a discount for going that extra mile, whether you’re young or old.
Pay Less By Getting Good Grades
If you have teens, stressing good grades could lower their high car insurance premiums. Some companies have found a link between good students and fewer collisions, which is why they offer such discounts for top scholars. Aim for at least a B average, and you could keep more cash in your pocket.
Keep Tickets And Accidents To A Minimum
Perhaps the easiest way to pay less for car insurance is to minimize tickets and accidents. If you get a ticket, try going to traffic school to have it erased so it will not negatively impact your premium.
Check For Senior Discounts
Safe drivers over a certain age (like 50) could get a discount on car insurance. Geico is one company that offers such deals.
