If you are being forced into getting new car insurance, there’s no better time than now to start the process. This is because there are more than a few things that you can do in order to discount your insurance, saving you cash and maybe making the transition worth it in the long run. No matter who you are coming from or considering going too, try a few of these tips out for size and see if it can save you money- the easy way!
First things first, don’t commit to anybody right off the bat. It’s as important as everybody tells you it is to get quotes upon quotes upon quotes. Every insurance company that has a website where they will give you a free quote is worth trying out. Right off the bat you can cancel out a lot of companies that would have cost you more without giving you anything extra. Whether you want liability or full coverage, the online quotes are there to help you out in the long run.
If you are switching car insurances simply because you’re buying a new car, get started with quotes before you even purchase the car. Different types of vehicles cost a significant amount less than others, so be on the lookout for brands, makes and models that might not cost as much. Anything with two doors or a sporty feel to it is going to add money to your insurance for little to no reason at all, so if you want to save money, try an economical car.
This next tip will really only help the most careful of drivers. If you consider yourself the safest driver on the road, consider going higher on your deductible. The difference between your monthly payment on a $300 deductible versus a $1,000 deductible is staggering, and could save you those monthly premium’s you have been dreading all year. Of course, if you consider yourself clumsy or have problems staying safe on the road, the little extra money you’ll spend monthly might save you from paying thousands if you ever rear end somebody during rush hour traffic.
If you drive a car that is older than you, or maybe just old in general, there’s a good chance it isn’t worth it to pay for collision coverage because if the worst happens, your car might not even be worth fixing. This is especially true if you have the thousand dollar deductibles that will eat at your savings. Unfortunately, if you drive an older car, the coverage won’t even be worth it if you find yourself in an accident.
No matter who you are or what you drive, saving money on insurance is as simple as can be. Try any of these tricks to shave a couple of dollars off of your monthly bill, and spend them on something more rewarding!