6 Tips for Getting Cheap Car Insurance

 

There are a number of factors in getting cheaper auto insurance.

Factors that are within your control, such as the kind of car you drive and your driving record. One factor out of your control is your age.

Younger drivers are considered higher risk and therefore increase their premiums.

Basically insurance companies can look at a record of how you drive, how many accidents you've had and traffic tickets you've accumulated and they can calculate your perceived risk.

Riskier drivers pay more for auto coverage.

But there are some things you can do to lower your insurance costs, even if you're under 25 and looking for auto insurance.

Key tips to reduce the cost of auto insurance:

Do some deep research and compare prices

What type of vehicle you drive. Sports or luxury cars are more expensive to cover

How many times do you drive and use the vehicle

Where do you park your car (on the street or in a garage)

Combine multiple insurance policies to save

Taking time to do a cost comparison is really important.*

 

 

It pays to look for cheap insurance

If you really want to save money on budget car insurance, be sure to specify who will be driving your car and who will or won't be covered. This can save you money.

The class of car affects the cost of insurance

But if you're still looking to buy a car, keep in mind that your choice of car has an effect on the cost of insurance.

Newer and more expensive cars cost more to insure as they are more expensive to replace. Sports cars are also more tempting to steal from an insurer's perspective.

how many times do you drive

How often do you use your car? If you are not driving regularly, you may be entitled to a lower payment. There are insurance discounts for drivers who drive very little.

Because you drive less often, there is a statistical chance that you will have an accident and make a claim.

where do you park your car

To get a lower car insurance premium, an insurance company may want to know where you park.

Obviously this is out of your control (unless you move) and some neighborhoods or parts of town may be safer than others.

However, if you can park your car in a driveway or garage, this can reduce the risk of damage and lower your premium.

Remember, if your circumstances change, let your insurance provider know.

Combine your insurance if you can

If you pay for home and contents, boat or pet insurance, you may be able to purchase multiple policies from the same provider for a discount.

The obvious thing would be to contact your insurance agent to find out if you can save money by combining all the coverages (policies) together.