Car insurance is important. In fact, 63% of people who got disabled due to car accidents were paid by their car insurance company according to Love to Know Insurance website. But like all expenses, it needs to be trimmed down. Saving more money for more important things is crucial in today’s economy and paying too much for car insurance isn’t helping.
Most car insurance companies can be talked into giving you lower rates for your car insurance. There are different techniques and proven strategies to do this. Below are a few tips that may help you get cheap car insurance.
Compare insurance rates
Always do this before closing the deal on your car insurance. There are websites that help you compare rates among different insurance companies. Knowing how much other companies price your insurance is also a good tool when you negotiate with other car insurance agents.
You can simply say that you found a cheaper one and you will more likely go there if they do not match or go lower. It’s a win-win situation for you when you do your research so make sure not to skip this one.
Increase your deductibles
Opting to pay more in case damages happen to your car is also another way of cutting your car insurance expenses. Although this may sound risky, this actually works. The only thing you have to worry about is your driving. Just make sure to take good care of your car and you’ll end up saving more money.
Sometimes when people have great insurance coverage, they tend to drive recklessly. But when you increase your deductibles and thus lowering your coverage, you will be forced to take extra caution.
Ask for the multiple cars discount
Car insurance companies have different gimmicks to reach their quotas. One of which is by offering different types of discounts like the multiple cars discount. If you own multiple cars, it is wise to have them insured together so the car insurance company can offer your extra discounts.
It is also important to register regular drivers only when insuring your car so the premium doesn’t go up. If someone else has to drive the car, you can always add them up at a later time only when needed.
Having a good clean record will help you get a cheaper car insurance. If the company sees you as a responsible driver through your previous records and driving style, they will be less worried about you making a claim and thus will lower the rate on your car insurance.
You may not be able to control all the circumstances but driving safe and having good credit can help your cause of getting cheap car insurance.
Install safety alarms or theft devices
Safety alarms and other theft devices may sound like extra expenses for you. But actually, these lower your car insurance rate because they prevent something bad from happening to your car. Car insurance companies protect their investment by making sure that most of the people they insure never make a claim.
Safety alarms and theft devices help them indirectly since you are less likely to file a claim when your car is relatively safe.
Saving money is very important these days. So no matter how many agents talk to you into getting a premium for your car, always think twice. There are a lot of ways on how to get cheap car insurance. You can apply this next time or you can teach your friends some of these strategies too. It will be a big help to them.