Do you have the feeling that your auto insurance rates are excessive? You may very well be right. There are lots of ways to save money on car insurance, and some of them are pretty obscure. In this article, we will discuss some ways you can save money on your car insurance. Read on to see more auto insurance comparison.
The first thing you should do to lower your car insurance rates is negotiate. Call up your existing insurance agent and let him or her know that you feel you are paying too much. Naturally, your insurance company wants to keep your business so your agent is likely to be highly motivated to locate some discounts for you. If nothing else, you might be eligible for a loyalty discount if you’ve been with your insurance company for a number of years. There may be other discounts available to you based on your good driving record, safety features on your car, the fact that you or your child are students with a good grade point average or even the fact that you don’t smoke. Lowering your vehicle insurance rates may be as simple as making a phone call, so don’t fly off the handle and change companies without investigating this possibility!
You may also wish to reduce your coverage to save a bit of money. Review your policy with your agent and find out if you might be carrying an excessive amount of insurance. There may be quite a few unnecessary items you can eliminate. If you drive an older car, hold the title and you are a safe driver, you may be able to get away with just the bare minimum liability requirements. If you decide to do this, it’s smart to set up a separate savings account for any out of pocket vehicle repair or replacement costs you may have if your car is involved in an accident or becomes the victim of inclement weather.
Quick Tips To Save You Money *If your driving record is less than perfect, you might be able to lower your auto insurance rates by taking a defensive driving class. *Save your processing fees by paying for your insurance six months or a year at a time. *If you can’t pay for 6-12 months in advance, you can still save some money by having your monthly premiums deducted from your bank account. *Don’t file a claim for every little thing. Paying for small repairs out of pocket will keep your premiums lower.
If you’ve followed most or all of the tips above and you still feel you are paying too much for car insurance, you may wish to shop for another insurance company. Get referrals from friends and/or search online to find the best auto insurance deals. Look for companies that have a good reputation and a good rating with the Better Business Bureau or other consumer advocacy group. Once you have chosen a few companies to interview, give them a call and talk with their customer service. Evaluate the customer service level. You want to be able to deal with your insurance company comfortably and effectively. If you do not feel that you are being well served, don’t deal with that company. Compare rates and coverage offered and make your choice, but before you sign up be sure to call your current insurance company and give them a chance to match your new deal. You may also find that you have to pay a fee when you cancel your old policy. This may mean that it’s smarter to wait until your policy term is complete before switching.
With a little diligence, research and perhaps a bit of wheeling and dealing, you can get excellent auto insurance rates. Follow the tips presented here to insure your vehicles affordably.