So you have got car insurance already. That’s crucial (and probably compulsory in the region you live in), but looks like, it is way more expensive than you’d expect and like. The good news is that there are cheaper options available to reduce the current amount on your bill – these options won’t make you downgrade to the state minimum. And you won’t have to research for hours or call agents to know about these deals. If you’re finding ways to get cheap auto insurance, these are our tips that will help you lower your bill (and stress of research) while still being totally covered.
1. Allow Someone Else To Shop Around For You
This is mostly true for many things, but specifically for car insurance. You undoubtedly need to get quotes from a few distinct places to ensure that you are receiving the best deal possible. So, how do you figure out which companies to contact to get quotes? We recommend allowing someone else to shop around and quote a myriad of them for you. A free website called Savvy will help you discover the best deals and rates – in only 30 seconds. In fact, it saves people $826 on average a year. All you need to do is connect your current insurance, then Savvy will look for hundreds of insurers offering a better price on the same coverage. It will assist you in canceling your current policy and help you get a refund from your present insurer. Best part: This is completely free. If you find a better deal, you can make a switch right then and there and don’t need to wait for your next renewal or upcoming payment.
2. Directly Ask For Discounts
It doesn’t hurt to ask your auto insurer regarding the further discounts that you may qualify for and can avail. Some most common ones are: • Senior • Low-income • Safe driver • Good student • Multi-car (includes more than one car on your policy) • Anti-lock brakes • Airbag (usually for older cars manufactured before 1990) • New car • Paperless (view your bill online) • Anti-theft devices Frankly, there are so many to compile in a list, so it’s best if you ask. Most likely, your agent will come up with something that will help you.
3. Pay In Full For Your Policy
This one needs some explanation – If you pay your premium in advance, you can save huge. A company by the name of The Zebra discovered that when you make the adjustment to your payment plan for paying every six months or for an entire year, you can save 12% on average. It might not sound good enough, but if you’re spending $1500 a year for car insurance, that would be $180 back in your pocket. We understand that $1500 is a huge amount to pay all at once, but you can still save by making payments in three-month increments or even one week in advance each month. Every tiny bit matters, so ask your insurer how you can save a few more bucks.
4. Allow Someone Else To Shop Around For You (Again)
Comparing the prices just won’t be enough. Rates might vary every month – they can even change every day. There are various wavering personal factors that can affect your insurance prices, including your location, age, credit score, and marital status. Also, consider external elements too, for example, the economy, natural disasters, and crime rates. We recommend coming back for better prices every six months with Savvy– it will assist you in rate comparisons (again) conveniently. With Savvy, you’ll receive your free comparison insurance quote– for the same deductibles and coverage levels that you presently have. Then after signing up, you can totally rely on Savvy to find and give you the best rates again and again and continuously.
5. Taking A Defensive Driving Course
OKAY, so you probably got a speeding ticket recently. Or you missed that stop sign and committed a moving violation. Regardless of the case, a defensive driving course can help you keep points off your driving record and in turn, balance out an increase in the insurance costs. And what else? You won’t have to sit for the classes throughout the weekend. This thing known as the internet exists, and you can just take online defensive driving courses through AARP, your state’s DMV, or the National Safety Council. The course cost depends on the state, but you should not have to spend more than $40. Even if you have a good driving record and are a safe driver, you are still eligible to take the course to avail a discount on your insurance – just don’t forget to connect with your insurance agent to ensure that the discount is valid and will apply (and also, that it’s worth paying for the course).
