Are you looking for ways to save on your auto insurance? Do you think it is not possible to get cheap auto insurance, cheap not in terms of coverage but cheap on your bank account? If you are struggling from the expensive premiums you are paying for your car insurance, check the following top ways and have auto insurance savings that’s going to replace your current expensive one.
Yearly Policies
Yearly policy normally gives you savings than with a six-month policy. Yearly policy has a fixed rate and cannot be changed unlike with the bi-year policy which changes rate depending on the insurance company.
Anti-Theft Devices
Modern cars are now equipped with theft devices and similar safety devices. Whether they operate at a touch of a button or are automatic, you will get discounts on your insurance if your vehicle is equipped with these things. Also, if it has window sketching, this can be another reason to get discount for.
Mileage Check
Insurance agents ask crucial questions about mileage that consumers work on one way, so check mileage closely before applying for the coverage. Depending on your answer, it will designate your insurance application to a particular class. Talk with your agent to learn of the different classes as each can go with significant differences in their prices.
Comprehensive Storage Coverage
Storing your vehicle for any specific period of time can bring you savings out of your auto insurance. If you have plans of putting your car up for storage, keep comprehensive coverage with your auto insurance throughout the storage period. Since the vehicle will be stored, it is unlikely that it will get involved in any fender-bender situation, thus no need for the liability coverage.
Multiple Car Discount
When you own more than one car, you can be qualified for a discount. Most insurance companies offer special discounts to individuals who want to insure two or more cars. Sometimes, they can offer insurance for two cars with a price for one. It is recommended that you consult with your agent and ask how you can avail of the savings. Or if you are trying to obtain online insurance quotes, be sure to indicate the number of cars you want insured. It is a wise move as well to keep your second car for a while, in case you want to sell it, and include it in enrolment for insurance.
Group Discount
You can secure a discount if you are affiliated with certain groups or organizations. You can ask the insurance company the list of organizations they offer discounts for. They can be college sororities, credit unions, or just by having a credit card.
Electronically-Funded Transfer Payments
You can avoid the usual $5 dollar charge insurance companies usually add for mail payments by choosing EFT payments. Payments can be automatically deducted from your credit card or any EFT account, so both of you save some efforts.
Collision, Medical Payments, Comprehensive, Collision, and Lower Liability Coverage
You can have a lowered basic coverage by looking at these things. If you want to enjoy auto insurance savings, discuss all these things with your agent and make sure you don’t leave any gray areas to ensure you are getting the best savings that you can from your car insurance.