4 Ways To Save Money On Car Insurance

Check the following 4 ways to save money on car insurance and visit our website for free quotes from the best automobile insurance companies.

Install Safety and Security Devices

While safety features like anti-lock brakes and air bags are now required by law in the U.S. for all new cars, be sure your insurer knows if your older car has such safety devices—it could save you some cash. Security devices may also help you cut your bill. Many companies offer a discount of up to 25 percent off the comprehensive portion of premiums to customers who install anti-theft alarm systems.

Get  Discounts

Check out the variety of discounts you could be eligible for an insurer. For instance, if you’re a member of one of the alumni, educational, professional and other organizations that work with an insurance provider, you could be eligible for an affinity discount. Completing a defensive driving course could also make you eligible for premium reductions. And there are many other discounts available like: loyalty, lower mileage, no claims, safety features, etc.

Bundle up policies

Many households with more than one vehicle maintain separate insurance policies for each, but they may be missing out on a multi-car discount of up to 25% on most coverage. Cover all your vehicles to the same carrier and see how much more you could save. Depending on the state you live in, you could be eligible for a multi-policy/multi-line discount if you buy more than one type of coverage through the same insurer. Pairing auto and homeowners insurance is the most common scenario, but pairing auto insurance with renters, condo, or mobile home insurance could yield similar results.

Choose a Higher Deductible

Typically, the higher your deductible the lower your insurance premium. Many people avoid having a high deductible because they worry that they wouldn’t be able to cover it if something happened. To put your mind at ease, try opening a separate savings account just for emergencies. Once you’ve saved enough to comfortably pay potential deductible costs,  consider increasing the value of deductible

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by Ciprian Gurgu