Car insurance is a necessity. Everyone should have auto insurance, in fact in many places it is against the law to drive without car insurance. But that doesn't mean that your car insurance premium has to be expensive. There are many ways to lower your premium. Here are 3 tips for getting lower car insurance.
1. Bundle
One of the best things that you can do to save on your insurance is to bundle it. Try buying your insurance from a company that offers more than just auto insurance. You might be able to insure your home, your car and even get life insurance through the same company. That great thing about bundling is that it allows you to make one lump sum payment each month. And because you did all of your insurance with one company, they will generally give you a big discount.
If you are already with an insurance company that you like, talk to them about insuring other areas of your life and see what kind of discount they will give you.
2. Get Good Grades
If you are a college student, or have any students driving on your policy, you should make sure that you report it. Many insurance companies offer a good student discount. They will ask that you send them your grades each semester and depending in how good your grades are will determine the discount.
3. Opt For A Higher Deductible
One of the best ways to get a lower price on your insurance is to go for a plan with a higher deductible. If you raise your deductible even a couple hundred dollars it could save you a good deal each month. Assuming that you don't get in a lot of car accidents, and don't make too many claims on your insurance plan, you should save money. It will be cheaper to pay the difference in the deductible out of pocket, than it would be to pay larger in the premium each month.
4. Shop Around
You should be getting car insurance quotes from places like Breitweiser Insurance Services as often as possible. This will help you know where you compare with the other companies. You could easily be overpaying without knowing it. If you do get a better quote, take it to your insurance provider. If they won't match it then go somewhere else. You'll be surprised at what they are willing to do to keep your business.
These are just 4 ways to save on auto insurance.
Share26 March 2015
