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Saving Money on Auto Insurance

 

  • It helps to talk to three or more agents regarding your insurance requirements. Make sure you share all the required information such as the types of your car, your personal profile, your driving habits and the like. 

  • Maintain a good driving record. The more violations you have on your drving record the more you pay for the insurance.

  • Do not purchase cars that have a high occurrence of theft and accidents. It helps to buy a car with extra safety features such as multiple air bags and anti theft alarms.

  • Chose a slightly higher deductible. Policies with zero or low deductibles ar much more expensive. You typically end up paying more on premiums than what you might save on the deductibles.

  • If the value of your car is very low, do not purchase additional coverage such as the collision and comprehensive insurance.

  • Take advantage of the following discounts. Make sure that your insurance company is awarding you such discounts. They include:

  1. Multi Vehicle discount: Insuring more than one vehicle with the same company.

  2. Multiple policy discount: Buying your home, auto  and other insurances from the same company should save the cost of the total insurance expense.

  3. If your car has anti theft alarms, extra airbags you should get a discount.

  4. If you have an excellent driving history you should be paying lower amounts for the car insurance.

  5. If you are above fifty years of age, you should claim your discounts up to ten percent.