Get Affordable Auto Insurance
The bad news is that gas prices are much higher than ever. The good news is that in some states, the average auto insurance premium may be as much as 10 percent lower. Why pay more than you need to? Affordable car insurance is yours when you take these sensible steps:
- Shop Around: Many drivers don’t realize that insurance premiums for the same coverage on the same car can vary widely among insurers. It pays to be thorough when you’re looking for the lowest premiums on the coverage you want. Even if you’ve been with your present company for several years, you can potentially save hundreds of dollars by shopping around for affordable car insurance quotes elsewhere.
- Ask About Multifamily or Multi-policy Discounts: A discount may apply to your auto insurance if you insure more than one vehicle under the same policy or with the same company. You may also be eligible for a discount if you buy more than one type of insurance through that same company e.g., auto and homeowners).
- Increase Your Deductible: You might be able to reduce your annual premium by 10 percent or more by increasing your deductible. Buying affordable car insurance this way is something of a gamble, of course, since you’ll be required to pay the difference in the event of an accident. For example, If you sustain $2,500 worth of damage and your deductible is $1,000, you have to pay the $1,000 deductible out of your own pocket.
- Watch That Credit Rating: How responsibly you manage your credit is an important consideration for most auto insurance companies. In fact, studies have shown a direct correlation between an applicant’s credit rating and the risk to an insurance company. Any reputable insurer will want to know if you pay your bills on time and have maintained a good credit history.
Shop around, increase your deductible, ask about discounts, and keep a good credit rating. Those are the secrets to obtaining affordable car insurance that meets your needs.
Learn how easy and convenient shopping for auto insurance can be. Get your free auto insurance quotes today!