Four Ways to Lower Your Monthly Auto Insurance Bills
Car insurance just might be one of the most frustrating things to shop around for. Of course, there is no shortage of companies to choose from, but that’s precisely what makes the entire process so incredibly stressful. How can you know when a company is giving you the best rate possible?
Easy — compare what it’s charging with the rates of its main competitors under the exact same circumstances. In order to do that, simply pull a handful of free auto insurance quotes online and start measuring them up. But the hunt might last a while, and meanwhile you’re still overpaying on your premium, so what can you do to save some cash every month? Here are four tips to help you:
Get more experience.
Yes, this particular tip may be of no use to those of you who are recently licensed drivers. But studies consistently show that younger drivers tend to pay more on their premiums than seasoned vets. That’s because the older you are, the more experience you’ve likely had behind the wheel, and with more experience comes a much lower risk of getting into an accident. If you’re over the age of 25, talk to an agent, compare insurance quotes and see if you can be paying less than what you’re currently forking over each month.
Make sure your car’s security is second to none.
This one should be universally applicable to drivers of all ages. Do you have working airbags, seat belts and brakes? Good, that’s a start. How about anti-theft protection or security systems inside your ride? Another good measure to take. As you’re browsing around for free auto insurance quotes online in order to find a better premium than the one you have now, consider this: a safer car significantly reduces risk, and risk is what you tend to pay so highly for with an insurance company.
Only choose the services you’ll really need.
It’s tempting to talk with an insurance agent and listen to all the potential calamities that can befall you out on the open road. But ask yourself: How many flat tires have you actually had? How many times has your car really been broken into? True, there are always minimum amounts you’ll have to pay to your insurance provider. But beyond those, your level of coverage is typically up to you. Don’t pay for coverage you don’t think you’ll need, to save a few bucks every month.
Compare quotes before you settle on one provider.
This is probably the easiest way of all to pay less each month. Before you pony up and lock in a deal with one particular insurance provider, look around for all the affordable auto insurance quotes you can. You can get them online very easily once you enter your information into a quote calculator. Take this info and talk to as many different companies as you can, asking about their pricing up front. It might be the route that requires the most work, but it’s always worth it in the end to compare.
Whether you’re scoping out free auto insurance quotes online or simply staying off the highways less, there are always steps you can take to ensure a lower auto insurance premium at the end of each month.