10 Ways To Lower Your Auto Insurance Rates

LEARNING CENTER

12 Ways to Lower Your Auto Insurance Rates

You just don’t want insurance, you want it at a great rate. The answers to a better premium are not as ellusive as one might think. Here are 10 ways:

1. Shop around

Since prices do vary from company to company, it’s smart to shop around for the best price. Ask friends and relatives for some recommendations. Most importantly pick a insurance company that takes the time to answer all your questions.

A Plus Insurance is a Broker and represents over 15 Companies…. We are happy to do the shopping for you.

2. Compare costs before you buy a vehicle

Auto insurance premiums are based on the car’s worth, the cost to replace or repair it, and safety records. Make sure to note if the vehicle you are buying has any prior damage, theft, or title issues as those rating factors can impact your auto insurance rates.

3. Get higher deductibles

By asking for higher deductibles, your insurance premium will go down. For example going from a $500 deductible to $1,000 could save you 40 percent or more on your auto insurance rates.

4. Lower coverage on older vehicles

If your car is worth less than about 10 times the total premium, full coverage might not be worth the additional cost.

5. Bundle your Auto Insurance with home or renters

Consider purchasing home or renters with the same company. Many companies offer a discount for bundling auto and home or auto and renters. 888 445 2793

6. Maintain a good credit score

Since most companies use your credit information to determine your auto insurance rates, it’s important to pay bills on time, and keep balances low to keep your record in good standing.

7. Always ask for what additional discounts are available to you

Some companies differ in the auto discounts they offer, so it’s important to ask. For example: one company may offer a low mileage discount, and not offer a discount for a driving course.