You may not realize it, but the insurance rates you pay for your car can vary dramatically depending on the insurance company you select, the coverages you request and the kind of car you drive. Listed below are a number of things you can do right now to lower your insurance costs.
Combining your insurance will save you money on both home and auto and may prevent coverage gaps.
Use your defensive driving skills. The fewer accidents there are overall, the less need there is to increase rates. For you personally, no accidents or violations on your driving record means no additional surcharges added to your basic rates.
The larger your deductible for comprehensive and collision coverages, the lower your rates will be. It is best to attempt to balance your payment amount against the amount you will have to pay if you are involved in an accident.
Regular maintenance of your car can prevent accidents and breakdowns.
Before considering the purchase of a new car ask your agent how that vehicle will affect your insurance payments. Aside from the vehicle’s value, susceptibility to theft, and cost to repair, other factors can affect your premiums. The type of vehicle is also important. Sports cars, high performance and intermediate performance vehicles usually cost more to insure than regular cars. Sports Utility Vehicles in particular are becoming much more expensive to insure.
Not only do these safety devices help to deter losses and/or lessen the severity of injury in an accident, but many companies now offer a discount for cars which are equiped with such devices. Some of the safety devices available in newer cars include air bags, automatic seat belts, anti-theft devices, and anti-lock brakes. Ask your agent how much these devices could save you and compare that to the cost of the options. Often you will find that these devices will pay for themselves very quickly.