5 Ways to Save on Car Insurance

Who isn’t looking for ways to save money on their car insurance? With all of the expenses you have in your life finding ways to save money is so important. Let us examine five ways to save on car insurance now.

1- Shop Your Business Around

Who isn’t looking for ways to save money on their car insurance? With all of the expenses you have in your life finding ways to save money is so important. Let us examine five ways to save on car insurance now.

1- Shop Your Business Around

The number one way that you can save money on your vehicle insurance is to shop around for the right insurance policy. In fact surveys have shown that the average consumer can save as much as $300 (or more) on an insurance policy taken out over six months if they shop their business around and are choosy.
It is so common for many drivers to stay with the same company because it is familiar. However you could save a tremendous amount of money if you take the time out of your busy life to compare insurance quotes from a number of companies. To find the absolute best deal you can you should get quotes from at least three or four insurance providers.

2- Seek Out a Multi-Policy Insurance

There are numerous insurance companies around that offer their customers discount if they combine their insurance policies (such as car, home and life).The same can be said if more than one vehicle from the same household is insured on the same policy.

3- Increase Your Deductible

You may have heard it before but it never hurts to hear it again. If you wish to save money on car insurance then you should increase your deductible. What this does is it reduces the premium you pay. Make sure however that you do indeed have the amount of your deductible ready in the event that you get into an accident. You will need to pay this amount upfront before your insurance company will pitch in and help pay for the damage that took place to the car as a result of the accident.

4- Inquire About Discounts

Drivers often have any number discounts that they can choose from at their insurance company. Whatever you do don’t let a discount slip through your fingers. Find out which ones are available to you and then take advantage of them! Examples of car insurance discounts that your company may offer include the good driver discount, the safe vehicle discount, the good student discount and the senior discount. Other discounts to inquire about include the low mileage discounts, rural discounts, the Internet discount, the occupational discount, and the auto club/ professional organization membership discounts.

5- Research Before You Purchase

Before you purchase a vehicle, be it new or used, compare a variety of insurance quotes. This is especially important if this is your very first vehicle and you have never purchased auto insurance before. You need to get a clear idea of how much it will take to insure the car you are thinking about buying. It will also provide you with an opportunity to look for a car that is more cost effective to insure. You also want to find an insurance provider who will be there for you when you decide to buy a car and need to insure it before you drive it off the lot.
Be aware that some cars cost more to insure than others. Two door vehicles are more expensive to insure than are four door vehicles. Sports cars are more expensive to insure than are regular cars. Cars that are high profile such as vintage or antique cars are more likely to have parts stolen from them which make them more costly to insure. The same goes for cars that are pricy to fix when they require repairs- they are more costly to insure.