For most of the people out there car insurance is one of their most expensive bills. And this is the reason why it is always better to take the extra steps to ensure that you are getting the best price, not paying for any insurance you don’t require, and taking the right steps to be approved for lower-priced insurance. We will take you through each step to ensure that you are getting the best price on your car insurance.
Step 1: Begin By Shopping Around- Use Savvy Tech For It
Most people know that they actually need to shop around for their car insurance, they just don’t want to put in the effort to do it. Because of this Savvy is such a game-changer. It is a virtual car insurance shopping assistant that will check the price for shoppers in just 30 seconds. In that time, they shop hundreds of insurers for you (other sites only shop a few). This is how you can get started:
Connect your existing car insurance policy to Savvy- you can easily do this within Savvy which makes the entire process really smooth and effortless. When you do this, you enable Savvy to do most of your work on your behalf. Review the options that Savvy brings up for you, and then lock one of them in. Savvy will assist you simultaneously cancel your old, overpriced policy while enrolling you in your new policy. They will even help you out to get a full refund on any money your old insurer owes back to you.
Step 2: Consider The Type Of Insurance You Actually Need
If you think of it, car insurance is not one size fits all, even though most people are of the opinion that it is. There is car insurance for drivers who don’t put a lot of mileage on their car, car insurance for drivers that have multiple cars, and car insurance for cars that are run by multiple drivers. Pointing out exactly the type of insurance you need can help you save money in the long run. Once, you have worked out what best suits your need, as you use Savvy to draw in on the best rate they make it very simple and easy to compare and contrast policies, so you get the best insurance for your particular situation at the best rate.
Step 3: Enhance Your Credit Score
Some of the things are within your control that can help you shape how expensive your car insurance is, and your credit score is one big thing (except if you live in certain states including California, Hawaii, and Massachusetts where car insurers can’t take this into account). To enhance your credit score, you can focus on a few things that include making your debt payments on time, not utilizing too much of your credit, and not applying for too many credit cards.
Step 4: Look For Discounts You Might Be Eligible For
There are many discounts that you might be eligible for when it comes to your car insurance. You just need to find out what discounts are out there. Here are a few that you should know:
Teen drivers with good grades on their report card might be eligible for a student discount If you have other insurance policies with a particular company- say medical insurance- you might be able to get a discount on car insurance Taking a defensive driving course might make you eligible for a discount If you install an anti-theft device in your car you might be eligible for a discount.
Step 5: Making Comparison Of Car Insurance Rates Once A Year Using Savvy
You do not get away with the comparison of car insurance rates in just one time. Personal finance experts recommend that you do it at least once a year. Make it a habit to check rates on Savvy once a year to ensure you are paying the best rate possible. Get started with step one now, and check what car insurance rates are available to you on Savvy. It’s completely free and you can find cheaper car insurance in seconds.
