Top 10 ways to Save Money on auto insurance

auto insurance

Everyone want to cut down the Costs of their auto insurance .  However many motorists fear that cheap auto insurance will result in their having to cope with poor customer service or a fraudulent company. This however isn’t always true. There are many ways you can cut down on the cost of your auto insurance without making a compromise when it comes to other aspects of your insurance policy. Here are top ways to Save on auto insurance

Compare :  The best way to ensure that you save money on auto insurance is to compare insurance policies before you buy them. Many people overlook this step when they purchase auto insurance. They often go for the first insurance provider they come across. Prices vary from company to company, so it pays to shop around. Get at least three price quotes. You can call companies directly or access information on the Internet.

Single carrier : If you already have other insurance policies with a specific insurance provider, find out if they offer auto insurance. The insurance industry is highly competitive. Insurance providers will therefore do what they can to retain their customers. You may therefore be able to get a discount on your auto insurance policy by virtue of being an existing customer with the insurance provider.

Insure more than one vehicle under a single policy : If you’ve identified an insurance provider that meets your needs, find out if you can insure several vehicles under the same policy. This is especially useful if you have more than one vehicle for your household. Many insurance providers will provide you with lower rates for insuring more than one vehicle as well as all the members of your household who are of driving age.

Before You Buy a vehicle , Compare Insurance Costs : Before you buy a new or used car, check into insurance costs. Car insurance premiums are based in part on the car’s price, the cost to repair it, its overall safety record and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft.

Drive less :  The more often you drive the more likely you are to be involved in an auto accident. Having a clean driving record will result in lower premiums. Avoiding accidents by driving less will therefore result in saving money when it comes to auto insurance

Clean Driving Record  :  Drivers with a poor driving record are considered high risk by insurance providers. They therefore usually have to pay more premiums when compared to the others with good driving record . It is therefore of necessity to ensure that your driving record remains clean. Do your best to drive safely.

Reduce Coverage on Older Cars :  Consider dropping collision and comprehensive coverages on older cars. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective. Auto dealers and banks can tell you the worth of cars.

Group Insurance : Some companies offer reductions to drivers who get insurance through a group plan from their employers, through professional, business and alumni groups or from other associations. Ask your employer and inquire with groups or clubs you are a member of to see if this is possible.

Low Mileage Discounts : Some companies offer discounts to motorists who drive a lower than average number of miles per year. Low mileage discounts can also apply to drivers who car pool to work.

Anti Theft Device :  Install an Anti Theft device to your vehicle . Additional security measures may qualify you for an additional discount on insurance . You Can request them additional discounts on the Current insurance quote .

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