1. Auto Insurance Comparison: Shop around, prices vary from company to company, so it pays to shop around. Get at least three auto insurance quotes. Check the financial health of the auto insurance company and consult consumer magazines. Get car insurance quotes from auto insurance agents as well as direct auto insruance suppliers.
2. Before buying a car compare car insurance costs. Car insurance premiums are based in part on the car’s sticker price, the cost to repair it, its overall safety record, and the likelihood of theft.
3. Get higher auto insruance deductibles. Increasing your deductible from $200 to $500 could reduce your auto insurance collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you 40 percent or more on your automobile insurance policy.
4. Get less auto insurance coverage on older cars for collision and/or comprehensive coverages. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective.
5. Get your homeowners insurance and automobile coverage from the same insurer. Many insurers will give you a discount.
6. Good credit can cut your auto insurance costs. Insurers are increasingly using credit information to price auto insurance policies.
7. Ask if the automobile insurer gives discount for low mileage usage. Carpool or take mass transportation to work and save.
8. Ask for other discount such as good driver discount , professional affiliation discount, etc. |
