11 Ways to Save on Car Insurance

So, you’re shopping around for auto insurance. Did you know that there are at least 11 ways that you can save money?

1.Multiple Policy Discounts Do you have just one insurance company for both your auto and homeowners (or renters) insurance policies?If the answer is no, you are probably paying too much for both policies.By having both of these policies with the same insurance company, you could qualify for a multi-policy discount of 10% or more.

2.Good Driver, Good Price? It’s no secret that the better your driving record, the less you will pay for auto insurance.Most people actually qualify as good driversand are eligible for discounted premiums, but do not know to ask about them.Make sure you are getting the best discount for your driving record.

3.The Beauty of the Bus – Do you drive to and from work? If you do, you are literally paying a premium to do so. Insurance companies charge significantly higher premiums if you drive to work. If mass transit is available where you live, consider it taking advantage of it.Not only will you save money on your insurance, but on gas and parking costs, too!

4.Low Mileage, Low Price People in the United States drive an average of 12,000 to 15,000 miles per year.If you drive fewer miles than average, you may be eligible for low-mileage discounts offered by some insurers.

5.High-Profile, High-Cost The type of car you drive is a major factor in what you pay for insurance. Is your vehicle a magnet for thieves or more costly to repair than most cars? If so, then you will pay a higher premium.So, ask your insurance agent for a quote before you splurge on that sports car.

6.Raise Your Deductible The deductible is the amount of money you must pay out of pocket before your insurance kicks in when you have a claim.The lower the deductible you choose, the higher the monthly premium.If you have liquid assets, you can probably afford to absorb at least $250 to $500 if you have a claim.Make sure your deductible amounts are set appropriately for your risk tolerance level.

7.Drop Unnecessary Coverage If you have an older car that is not worth very much, it may not make sense to have collision and comprehensive coverage on that vehicle.(Liability coverage is required by most states.)As a general rule, any car worth less than $1,000 should not have collision and comprehensive coverage.How much is your car worth?Contact Women’s Automotive Solutions for an estimate!

8.Discounts, Discounts, Discounts Many auto insurance companies offer other discounts based on the safety features of the vehicle.For example if the car has automatic seat belts, air bags, anti?