The World Wide Web has created a lot of competition amongst auto insurance companies to the benefit of consumers. With the Internet, you can find low car insurance premiums by comparing rates from multiple insurers. Car insurance information can be found online in a fast and easy way. Here are ten ways for you to save money with on car insurance.
- Shop around. Car insurance rates vary based on the insurance provider. Learn about the minimum amount of car policy you can get. In addition, get car premium quotes from various insurance institutions to compare prices.
- Get higher deductibles. Deductibles are the amounts that drivers must pay in case of filing a car insurance claim. If you get a higher deductible, you may be able to get lower rates depending on the insurance provider.
- Remove comprehensive or collision coverage. Totaled cars, which are fully insured, give you back the monetary value of the car based on the auto insurance company estimates. Check out NADA guides to know the average market price of your vehicle. If you have an older or low value car, consider dropping the comprehensive or collision coverage since premium rates could result more expensive than replacing an old car in the end.
- Get a vehicle that is cheaper to insure. Certain car brands have higher insurance rates based on national statistics and collision figures. Cars that can go faster, like sport cars, usually have higher premiums, as an example.
- Bundle insurance services. Check your insurance provider to combine insurance coverage like home and car premiums. Bundling insurance services can save you hundreds of dollars per year.
- Keep a good credit history. Nowadays, most car insurance providers check your credit record to determine insurance rates. Maintain a good credit score to obtain lower car premiums on average.
- Obtain a low-risk occupation discount. Insurance companies based their rates on many risk factors. For example, teachers and engineers usually get lower car insurance rates based on their profession’s low national collision levels. Since not all insurance providers are the same, ask your insurance company if any discounts are available for your profession.
- Join an auto club. Auto clubs like AAA usually provide their members with extra savings on car insurance plans. Search for auto clubs or other professional organizations that might provide lower insurance rates as an added benefit to become a member.
- Add vehicle safety features. There are many features that you can add to your car to increase safety ratings and lower the risk of major injury. Automatic seatbelts, antilock brakes, and airbags are examples of safety features that provide lower rates based on the insurance provider.
- Take advantage of low-mileage discounts. Insurance companies may check the amount of miles that you drive on a yearly basis. If you drive less than 12,000 miles per year, you could get an additional discount on your insurance premium. Ask your insurance provider if there are low-mileage discounts available.
If you have high insurance premiums, it may be a good time to shop around and compare prices. Check all your options based on your personal profile, car, and insurance provider. If possible, add safety features to your car and maintain good driving records. Contact auto insurance providers for any applicable discounts to save hundreds of dollars per year.
This article is provided courtesy of Cheap Car Insurance Experts, a consumer website that helps people find affordable car insurance companies and provides news and tips on general car topics.