Going without car insurance just isn’t an option. In fact, the more uninsured motorists there are, the more the rates go up for everyone else. Don’t be one of those drivers! Just because you need car insurance doesn’t mean it has to be through the roof expensive. Like everything else, you can find smart ways to save on car insurance. Put these tips into action today to see how much you can bring your premiums down:
Call Your Agent
It is very rare that your insurance agent will reach out and ask, “Would you like to save money?” This doesn’t mean they don’t offer discounts. They just usually do that to keep customers. Call up your agent and ask what kind of discounts they offer. Some you might qualify for. If there are no discounts, then you might want to think about another carrier.
Drive Safe
Obviously, the goal every time you get behind the wheel is to drive save. Your save driving can actually be a benefit towards lowering your car insurance. This doesn’t mean avoiding accidents as much as avoiding tickets. If you do get a ticket, then you want to find a way to get it dismissed. Any reduction of points will help with your insurance. That might mean going to traffic school but those few hours will be worth it.
Don’t Carry Insurance You Don’t Need
The older the car, the lower the insurance should be. You’ll reach a point where the value of your car won’t exceed what it might cost to repair it if you get into a fender bender. This means you might want to think about dropping the collision and comprehensive insurance. It might be sad to admit but your car could be worth more as scrap metal than to fix it.
Check Before Your Buy
If you’re in the market for a new car, then check with your insurance carrier about rates for different models. A car that has a higher safety record might translate into a lower premium. If you go “sporty,” then expect to pay more. Is it worth it?
Raise Your Deductible
The higher the deductible, the lower the premium. That can make a big difference each month. It can also take the sting out of paying insurance for a perfect driving record. It will help to have the deductible set aside in a savings account. That way you won’t be scrambling for the funds if you need them.
Shop Around
Car insurance quotes are the easiest thing to find online. It might pay to shop around. Yes, you might have been with the same carrier for your entire driving career but if they can’t match a price, then it might be time to switch things up.
