You've probably already noticed that some people get car insurance quotes smaller than you, although they seem to have the same situation as yours. Here are 16 things you can do to reduce your car insurance quotes.
1. Shop Around
This is such a common sense that it should not be here. But life is hectic, it makes people jump or they do not do well. What one company considers high risk that another considers an average risk. The price difference can be significant.
Each company asks the same questions about your driving habits and where you live. But different companies may have a different view of every response you give. And that's why you shop around. Just make sure that all the car insurance quotes you receive are for the same coverage.
Buying a lower risk car
Insurance companies take your car into account when you receive car insurance quotes. Makes sense. They group cars by risk. There are 20 different groups. Generally speaking, the lower the risk they attribute to their car group (ie, the higher the rating), the lower the car insurance quotes.
Some car models are stolen more often than others, some have worse accident ratings than others, some are involved in more accidents than others (it's much less likely that you will be dragging a Dodge Caravan than a Mustang)
. Consider Getting Only the Minimum Coverage Required by Law
The minimum coverage that the law requires you to have is the cheapest coverage. If you have an old car with little value, you should get insurance that covers the other car, people, not your old clunker. If the value of your car is less than it would cost to cover it for a year, should you cover it?
Keep Your Credit Tall
An insurance guy I know ensures me that there is a close correlation between the credit score and the chances of you making a complaint. That is why, according to him, insurance companies trust these days to determine what kind of risk you are.
Whether you agree or disagree with it, know that the lower your credit score, the higher car insurance quotes you'll hear
5. Buy Online
You can find lowest car insurance quotes online these days. Many insurers offer discounts for online purchases: they save money since you are not involving a human being (humans need salaries). In addition, you save them in the phone bill.
6. Lift your deductible
This is easy to understand. The higher the deductible, the less the insurer pays. The less you pay, the lower your car insurance quote. Of course, in the event you make a claim, you pay more out of pocket
. Drive Less
The more you drive each month, the greater the chances of you getting into a car accident. At the very least, do not overestimate yourself. Do not lie about them (it's not legal or legal), but count them well
8. Have a clean driving record
The car insurance quotes you get depend on this as well. The more they catch you at high speed, the higher the quotes, etc. And it stands to reason: statistically, people with dishonest driving records have more accidents than people with clean records.
Do not make small claims
People claim small things. You buy insurance to have protection against large expenses, expenses that you can not or can not afford easily. For some people, a $ 1,000 payment is a lot. But if you can do it, do it. Insurance companies increase your premiums if you make a claim.
10. Ensure the real value of your car
If your car is worth $ 15,000, your insurance policy should cover $ 15,000. If you estimate your car worth $ 20,000 and it's worth $ 15,000, you'll only get $ 15,000 back if it's totaled. But you pay a higher premium. So do not say that your car is in good condition if it is in medium condition
. Reduce the number of additional drivers named in your policy
If you can. The more people covered, the higher the premium, because the risk of having a claim increases
. Improve the safety of your car
Most insurance companies will give you a discount if you have car alarm if you park your car in a garage, not on the street if you have a tracking device. The discount varies depending on the theft prevention item you have.
Do not pay your premium in installments
When you pay your premium for several months, your insurance company will add a few dollars to each monthly bill. It may not be much every month, but there are 12 months in a year, so that adds up
Well, do not move just to lower your prizes. But car insurance quotes are based on where you live, so the next time you move in, talk to your agent about the neighborhoods you are considering moving into. Vandalism and car thefts are higher in some neighborhoods than in others
. Get Good Grades
If you are young, you will hear car insurance quotes that are quite high. You can lower them a little, being a good student.
The more you do above, the lower the quote for car insurance.