Keep Your Car Insurance Premiums Low With These 3 Ideas
Car insurance is something that you need to have by law, but if you’re like most drivers, you know that it protects you from being financially responsible for an accident and can help you prevent having to pay out of pocket for damage to your car. However, that doesn’t make car insurance premiums any easier to pay for or any more affordable. That doesn’t mean you’re simply stuck with high car insurance premiums though. Use this guide to learn three ways you can reduce your car insurance payments while keeping the protection you need.
Ask for Discounts
You probably think you’re paying as little as possible for car insurance, but discounts can spring up over time. Perhaps you just turned 55 or retired. Maybe you haven’t had an accident in 24 months. Call your insurance company periodically to see if you qualify for discounts.
Take a Higher Deductible
If you’re a safe driver, having a higher deductible could help you save money over the course of a year. However, you should go over your driving record to make sure you don’t get into even minor accidents on a regular basis – more than once every three years, in fact.
Taking a higher deductible means you’ll have to pay more out of pocket if your car is damaged, but over the course of two or three safe years you could still end up with cash in your pocket. Individuals driving cars with a lower value may also benefit from a higher deductible.
Getting out of your car more means driving less, which will help you avoid accidents and damage. Over time, that good driving record will save you money and you’ll pay less for repairs.
Contact Schumacher Insurance Agency for more information about keeping your car insurance premiums low.