If you’re one of the millions of drivers who pay high car insurance premiums
each year, you’re not alone. While car insurance is mandatory, there’s no law
that says you have to pay an arm and a leg for it. Here are a few easy ways to
cut down your car insurance bill that don’t include increasing your
deductible.
Reduce
Any Unwanted Coverage
If
you drive an older vehicle, check with your insurance agent to make sure you’re
not actually over-insuring your car. Insuring your car for more than it is worth
means that you may be overpaying on your car insurance. If you’ve had the same
rate for years, it may be time to double-check your potential savings. Remember,
if you’re in an accident and your car is totaled, your insurance provider will
likely only cover the value of your car at the time of the accident, not at the
time you purchased it.
Get
Different Quotes
Get
insurance quotes before you purchase an automobile. Most of the time, car
purchasers don’t investigate the cost of insurance until they’ve signed the
papers. Car insurance is controlled by more than just the estimated value of the
car. Your car insurance payment could increase based on how likely the car is to
be stolen, how costly the car is to repair and a host of other factors. Do
research on how much car insurance payments will be on the car you’re interested
in buying so you’re not blindsided by a huge insurance cost when you’re already
stuck with the vehicle.
Bundle
to Get a Discount
Bundle
all of your cars! Multiple-car discounts are very common. If you have two cars
that need to be insured, put them both on the same policy. A simple phone call
to your agent to get this set up can sometimes save you $50 to $100 dollars a
month.
Drive
Safely
Many
car insurance companies will provide you a “safe driving” discount if you go
multiple years without an accident or any violations. Some companies even offer
a small device you can plug into your car. This device tracks your speed and
other factors, allowing insurers to determine, through the collected data, if
you are a cautious and safe driver. Depending on their thresholds, you could
receive a hefty discount.
Don’t
Drive A Lot? Tell your Insurer
A
few insurance providers offer discount programs if you drive under a certain
number of miles per year. For example, if you drive less than 7500 miles per
month, you may qualify for a discount of $20 a month. You may have to provide
odometer readings to the insurance company in order to
qualify.
These easy-to-follow tips can add up to hundreds of dollars in savings per year.
With the cost of car ownership, maintenance and gas, being a driver can get
pricey. While it may be attractive to search for cheaper insurance providers or
to lessen your coverage, you may not have to cut corners or give up benefits to
get a reasonable and manageable rate. Drive worry-free, not money
free.
About Blitzify
Blitzify is a new mobile application that connects customers and automotive service providers through a comprehensive and innovative mobile platform that is changing the way people buy and sell automotive services. The app merges data from local market research, information from service providers, special offers, testimonials and ratings and reviews from customers into a user-friendly interface giving the user out-the-door, real time price comparisons. For more information, visit www.blitzify.com
0 comments:
Post a Comment