Home Page Contact Us
  • Main Menu
    • Home Page
    • Refer a Friend
    • Join Our Newsletter
    • Our Carriers
    • View our Blog
    • Location Map
    • Employee Directory
    • Contact Us
    • About Us
    • Privacy Policy
  • Automobile
    • Automobile Insurance Home
    • Auto Insurance Quote
    • Request ID Card for Auto Policy
    • Request Declaration and Coverages Page for Auto Policy
    • Send Declaration and Coverages Information to Lien Holder
    • Add Vehicle to Existing Auto Policy
    • Remove Vehicle from Existing Auto Policy
    • Add Driver to Existing Auto Policy
    • Remove Driver from Existing Auto Policy
    • Auto Quote Form (short)
  • Homeowners
    • Homeowners Insurance Home
    • Homeowners Insurance Quote
    • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
    • Homeowner Flood Quote Form
    • Request Evidence of Insurance
  • Renters
    • Renters Insurance Home
    • Renters Insurance Quote
    • Request Declaration and Coverages Page for Existing Renters Insurance Coverage
    • Renters Quote Form
  • Motorcycle
    • Motorcycle Insurance Home
    • Motorcycle Insurance Quote
    • Request ID Card for Motorcycle Policy
    • Request Declaration and Coverages Page for Motorcycle Policy
    • Add Motorcycle to Existing Policy
    • Remove Motorcycle from Existing Policy
    • Add Driver to Existing Motorcycle Policy
    • Remove Driver from Existing Motorcycle Policy
  • Business & Commercial
    • Business & Commercial Insurance Home
    • Commercial Auto Insurance Quote
    • Request ID Card for Commercial Auto Policy
    • Request Declaration and Coverages Page for Commercial Auto Policy
    • General Liability Quote Form
    • Request General Liability Certificate of Insurance
    • Business Owners (BOP) Quote Form
    • Builders Risk
    • Workers Compensation Quote
  • Life
    • Life Insurance Home
    • Life Insurance Quote
    • Term Life Insurance Quote
  • Annuities
    • Annuities Insurance Home
    • Annuity Quote Form
  • Flood
    • Flood Insurance Home
    • Flood Quote Form
    • Request Declaration and Coverages Page for Existing Flood Insurance Coverage
  • Trucking
    • Trucking Insurance Home
    • Truck Quote Request
Auto Insurance Home Insurance Life Insurance Business Insurance
Home > Blog > How to save money on car insurance
MONDAY, MAY 7, 2018

How to save money on car insurance

How to save money on car insurance
Having adequate car insurance is both smart and prudent, but there's no question that it adds to the expense of driving. The good news is that premiums can vary by hundreds of dollars depending on a number of factors. Review your coverage at renewal time to make sure your insurance is in step with your needs, and follow these practical steps to reduce the bottom line on your auto policy.
• Compare insurance costs before you buy a car. Auto 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. When you're comparing new or used vehicles to purchase, also research what each will cost to insure.
• Raise your deductible. By choosing a higher deductible on your car insurance, you can significantly lower your premium costs. Of course, be sure you have enough money set aside to pay the higher deductible in the event you have a claim.
• Reduce optional insurance on your older car. As a rule of thumb, if your older car is worth less than 10 times the insurance premium, having collision and/or comprehensive coverage may not be cost effective.
• Bundle your insurance and/or stick with the same company. Many insurers will give you a discount if you purchase two or more types of insurance from them—such as homeowners and auto—or have more than one vehicle insured.
• Seek out other discounts. There are other discounts that your insurer may offer to policyholders. For example, some companies offer discounts to those who've not had any accidents or moving violations during a specified period, or who have taken a defensive driving course. If there is a young driver on your policy who is a good student, has taken a drivers education course or is away at college without a car, you may also qualify for a lower rate.

Posted 10:37 AM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017

  • #stonewall #stonewallinsurance #stonewallinsuranceagency #atlantainsurance #insuranceatlanta #autoinsurance #homeownersinsurance #commercialinsurance #lifeinsurance #blackowned #girlboss #ladyboss #womeninbiz(2)

View Mobile Version
Our Location Insurance Website Builder Home Page