8 Tips to Reduce Your Auto Insurance Premium
by adminWe all look at our finances every once in a while and think we need to make some small or large adjustments in how we spend our money. We all like a bargain and we try to trim where ever it is possible, but there are always new ways we can cut back on our spending. The one place we rarely think to save money is with auto insurance. We tend to go with the price that is given us and pay it dutifully, but there are ways to save money.
Here are 8 tips to reduce your auto insurance premium.
1. Drive Safely
This is the first of the 8 tips to reduce your auto insurance premium, because it is also the most important. This is a good tip for life in general. It is, however, also a good way to keep your premium down.
2. Sensible Car Choice
This is the second-best piece of advice you will ever get. Auto theft will always be a problem, but if you get a car that does not attract the wrong kind of attention, you will be okay. This is also a good place to cut back. Having a high-end car means high-end gas and high-end maintenance. Getting a sensible car that is cheaper to insure is a great way to save money.
3. Bundle up for better deals
Your cable provider has you bundle all your services and you can do the same with insurance. Companies like having your business and if they can have all your insurance business, they will give you a great deal.
4. Talk to your provider regularly
Have you changed jobs? Do you take the bus or train to work more now? Do you just use the car on weekends? Well, it may be time to change the policy you had when you commuted daily.
5. How old is your car?
Just like sensible cars, older cars are cheaper to insure. This will drop your premium too.
6. Increase your deductible
If you are sure you can pay a higher deductible, you can lower your monthly premium that way.
7. Drop year-round insurance on a car you use just in the summer
If you have a car you use for pleasure only and you are putting it in storage, drop or lower the insurance in the off season.
8. Talk to Prime Insurance
Prime Insurance will be able to look over your coverage and see exactly where you can save a few extra dollars.
With these 8 tips to reduce your auto insurance premium, you are well on your way to cutting expenses.