Due to the contentious nature of our society and rising vehicle prices, car insurance rates are rising nationwide. The bad news is that insurance will probably not fall in the near future. The good news is that there are things you can do to minimize growth or reduce your wallet load. How to lower your auto insurance?
Many cars and / or drivers can save money
If you get a quote from an insurance company for one vehicle insurance, you may receive a higher quote per vehicle than if you asked for insurance for several drivers or vehicles in that company. Insurance companies will offer an amount equal to the wholesale rate because they want your business. In some circumstances they are willing to give you an offer if it means you will bring more.
Ask your insurance agent if you qualify. In general, many drivers must live in the same place of residence and be related to blood or marriage. Two unrelated people can also get a discount; however, they usually must have a vehicle together.
If one of your drivers is a teenager, you can expect to pay more to insure them. However, if your child’s grades are average B or higher or if they are in the first 20% of the class, you can get a good student discount on protection, which usually lasts until the child reaches 25 years of age. it can range from 1% to even 39%, so prove to your insurance agent that your child is a good student.
Use one insurance company
Group all your insurance policies – car, home / tenant etc. – in one insurance company and you will receive a discount on many lines, even up to 10% discount on the total premium.
Safe drivers are rewarded with a better insurance premium. Avoid speeding and avoid accidents, and you save 5% or more on the premium. Most companies will further reduce the rate each time you go three years without violating traffic regulations.
Be a good driver
Being a good driver can reward you with a lower insurance rate. The best and most basic way to lower your car insurance bill is to get good driving results. This means that you must be careful when driving and adhere to the speed limit. Here are some daily reminders:
- Focus on the road: do not talk on a cell phone, do not text or eat things that are difficult or unpleasant to eat behind the wheel.
- Observe the speed limit signs: speeding tickets add points to your record and often automatically increase your insurance bill.
- Use extreme caution in residential, construction and school areas: these areas create more accident opportunities and penalties for traffic offenses are higher.
- Drive defensively: watch out for other vehicles in front of you and behind you. Be cautious when in doubt.
Prepare yourself in advance when driving in unfamiliar territory: browse maps before traveling. Stop if you want to look at the map again or ask for directions.