Auto Insurance: Money Saving Tips

For most consumers, purchasing auto insurance can be very overwhelming. There is a lot to know about purchasing the right amount of insurance to properly cover you in the event of an auto accident. Relax. Our licensed auto insurance experts are standing by ready to guide you through the entire process from start to policy. However, before you purchase check out some of these money saving tips that just might bank you even more money on your car insurance.

• Raise Your Deductibles: If you're financially comfortable with choosing a higher deductible amount for your Comprehensive and Collision coverage then it could lower your auto insurance premium. You will be responsible for a larger out-of-pocket cost if you have an accident but at the same time this is one way to put some extra green into your piggy bank and help to lower your annual car insurance rates. Some of the most common deductible choices are $0, $100, $250, $500, $1000, $2,000, $2,500 and even $5,000. Not all companies offer these deductible amount options. Please check with your agent and auto insurance company to see what options are available to you. Again, be sure to choose an amount that you can afford.
• Auto Discounts: Cars equipped with passive restraint and anti-theft protective devices usually cost less to insure. Most car insurance companies give discounts for both and the savings could add up to your advantage. Other discounts you may be eligible for are multiple-car for having two or more autos insured with the same company. Accident-free for having a clean driving record meaning no accidents and/or no tickets in the last three to five years depending on the underwriting guidelines of your auto insurance company. Account combo for having both your auto and home insurance with the same company. Give us a call to learn what other auto insurance discounts are available and to see if you qualify. This is yet another way to help lower your car insurance costs.
• Protect Your Credit: Many insurance companies are now using a credit-based system called an insurance score to determine auto insurance rates. Today, having good credit and maintaining it effectively is critical in every aspect. Your insurance score is a snapshot of your insurance risk. So the better your credit score and history the better your car insurance rates you'll be which means more money in your pocket. In short, it pays to have all your bills paid on time and to continuously maintain an excellent credit score and history. Be sure to check on your credit score every couple of months.
• Dropping Physical Damage Coverage: Consider dropping "physical damage" coverage on older cars. Physical damage encompasses both Collision and Comprehensive coverage for your auto. Dropping this coverage might be a good idea and only if your vehicle is valued at $1,000 or less. This will help bring down the cost of your car insurance policy. But only consider this option if you can financially afford a replacement car if yours is declared a total loss. For more details, you can call our auto insurance experts for professional advice. If you're unsure as to how much your car is worth, a good place to start is the blue book value. There are many companies who can help evaluate and determine the value of your vehicle. Call us for professional advice and recommendations today.
• Hire the Auto Insurance Experts: We've been helping consumers save money on all their insurance needs since 1993. Auto insurance rates change every month and because we offer multiple car insurance rates from several trustworthy companies we are able to find you great prices accompanied with great coverage. We're all about banking you big green on your auto insurance and the bigger your savings the better. Shop online here or dial 1-800-230-6565 to start taking control of those rising auto insurance costs today.

Choose the Bundle & Save!

When you choose to bundle your auto and home insurance you bank even bigger savings. Car insurance companies usually offer home insurance and by insuring both with the same company makes you eligible for a nice savings discount. If you haven't done so already, check to see if your auto insurance company provides home insurance coverage. If so, get a quote and start taking advantage of the savings today!