If you think you aren’t getting a cheap insurance for your vehicle, you can do a lot of things to help trim down your insurance premiums. Unlike some commodities, cheap insurance doesn’t mean substandard when it comes to quality. It means payment scheme that won’t drain your pocket. Here are some tips to help you get auto insurance savings:
Insure multiple cars and ask for a discount
There are some insurance companies that give discount for insuring two or more vehicles. So if you have two automobiles, it is a good decision to ask your auto insurance agent if you will get a discount for insuring both.
Install theft and security devices
If you own one of the latest car models, then it sure has various security and safety devices. But if your ride isn’t equipped with one, or has only a few of these devices, better install some in your ride before getting an auto insurance. Why? It is because insurance companies usually offer discounts for theft devices and other security features of an automobile.
Get lower basic coverage
One way to get savings on your auto insurance is to get lower comprehensive, liability, medical, and collision payment coverages.
Attend defensive driving courses
There are car insurance companies that give discounts for drivers who attended defensive driving courses. Consult your insurance company or ask the insurance commissioner in your state to find out if you qualify or to be able to know where you can take the said driving course.
Check your credit rating
Another way to get auto insurance savings is to make sure your credit rating is good. Bear in mind that most insurance companies check their client’s credit report and base their policy on the data they’ve found. If you think your credit rating isn’t clean, better look for an insurance company that doesn’t perform credit checks.
Choose yearly policies
Selecting a yearly instead of six-month policy often increases the savings you’ll get on your auto insurance.
Go for the company that gives a group discount
There are lots of insurance companies that give discount to customers affiliated with particular clubs or organizations such as college sororities and credit unions. So before signing up for certain insurance, ask the agent first if they offer such discount.
Get your auto insurance from your home insurance provider
If you will get your car insurance from the same company that covers your home or renter’s policy, there’s a big possibility that you’ll get a discount.
Have your auto insurance payment automatically deducted
Mail payments now have charges so it’s better to have your insurance payments automatically deducted from your credit card. This way, you don’t have to worry if the payment time comes and you don’t have money yet.
Make sure you have quality driver’s education
If you want to get reasonable discount on your auto insurance, might as well enroll in a driving class and do your best to get good grades. Every semester, you can report your grades to your insurance company.
If you’re trying to get auto insurance and you’ve been turned down or discouraged by high premiums, better consider these tips. Though these don’t guarantee very cheap insurance rate, the said tips will surely give you considerable auto insurance savings.