When it comes to shopping for auto insurance, there are lots of things that an average customer does not even think of. Knowing more about how auto insurance works will help save more on the premiums. Follow the following top secrets to become a more informed consumer and maximize your savings on auto insurance.
Compare the quotes
Auto insurance coverage can vary from one company to the other. To make sure that you get the best auto insurance, it is wise to compare the rates between different companies.
Check every six months
Check with your insurance company every six months and renegotiate the rates. A lot can happen over the six months. Many times new discounts come up and you can take advantage of the opportunity. Also, in the six months, your past violations can also get removed from your driving record.
Combine the insurance with your family
A great way to save your money is to combine your insurance with your family members. A number of companies offer discounts for families and family plans. It is advisable to put your child’s and spouse’s, coverage in the same policy.
Insure everything under the same company
It is good to consider buying your insurance from the same company. Whether it is auto, health, life, homeowners, pet, motorcycle, renters, etc. all can be combined to save you money. There are insurance companies that offer multi-line discounts or package deals as well.
Take driving courses
Some insurance companies offer discounts to people who take driver safety courses. The savings associated with it’s completion will please you. In addition, taking these courses can also get the points removed from your license for past traffic violations, if necessary.
Drive safely and carefully
The driving record is one of the most important and influential factors in determining insurance rates. Having a bad driving record will cause an increase in auto insurance premiums. Speeding tickets can affect your insurance rates for up to three years and accidents can affect your rates for up to five years.
Drive a low risk car
Previous claims history also plays a role in insurance rates. If you are planning to buy a new car, check and compare insurance rates for different makes of cars. This may influence your purchase decision.
Drop collision coverage
Consider dropping collision coverage if you are driving an older car. Collision coverage is necessary for newer cars because they are valued more than their deductibles.
Don’t drive to work
The more you drive, the higher the chance of getting into an accident. Insurance rates are higher for people who commute to work by driving their own car. Taking public transportation to work, saves on parking and gas, and may also lower your insurance premiums.
Increase your deductibles
The higher your deductibles, the lower your insurance premiums and the lower your deductible, the higher your insurance premiums. Raise your deductibles and pay less for your insurance.