How to Keep Your Auto Insurance Costs Down
Are you tired of paying too much for auto insurance? Here are some tips to lower your insurance rates.
Drive safely. The best way to lower rates is to keep your driving record clean.
Get multiple price quotes. Before you buy get a number of price quotes either calling directly, or using the Internet. Once you have the quotes from at least three insurance companies, choose is a reputable company. And check for consumer complaints, too.
Compare costs on higher deductibles. When you have a clean driving record, or an older car, lower your collision and comprehensive coverage. A lower deductible can save up to 40 percent on your premiums.
Limit coverage on older vehicles. When your car is worth less than your premium, purchasing collision and comprehensive insurance is not worth the price. Check your car’s value online looking at Kelley’s Blue Book and check it against your insurance premiums.
Bundle your insurance coverage. Bundle auto and home owner’s insurance, or insure more than one car at the same company, to reduce your premiums.
Keep your credit score up. Insurance companies can use your credit score to determine rates, too, so check your credit report regularly.
Low mileage. When you do not drive often, you could qualify for a low mileage discount. And if you carpool, you could qualify for a mileage discount as well.
Check for group insurance discounts. Many companies offer group insurance. So check your alumni association, professional or business groups to see if they offer discounts.
Good driver discounts. Additional discounts could include things like defensive driving courses, antitheft devices, no moving violations or accidents in the past three to five years.
Contact us for more information about auto insurance rates.