How to Get Cheap Car Insurance

Today, we’re going to be talking about eight ways to get cheap car insurance. The best way to find cheap car insurance coverage is to comparison shop for quotes every 6-12 months. As a general rule, you should get quotes from at least three different insurers in order to find the best deal, since every insurer has their own way of calculating premiums. Another way to make car insurance as affordable as possible is to take advantage of discounts. 

Every major insurance company offers a variety of discounts based on a driver’s policy, driving history, and vehicle. For example, most insurers offer a discount for drivers who go a certain amount of time without an accident or moving violation. You can also get discounts for installing anti-theft devices in your vehicle or paying for your entire policy in full up front. 

Depending on your driving habits, you can also save on coverage by opting for usage-based or pay-per-mile insurance. Usage-based insurance programs allow drivers to receive discounts of up to 50% in return for safe driving, which is monitored by a plug-in device or smartphone app. Similarly, pay-per-mile insurance charges customers a low base rate plus a few cents per mile driven, making it a great choice for infrequent drivers. 

The fourth way to get cheaper car insurance is to raise your deductible. A deductible is the amount of money that you need to pay out of pocket when filing certain types of insurance claims. The higher your deductible is, the lower your premium will be. However, it’s still important to choose a reasonable amount that you could comfortably afford in the event of an unexpected claim. 

Next, you should choose your coverage limits carefully. Almost every state requires you to have a certain amount of car insurance, but beyond that, you can choose what else you want to buy. In general, it’s wise to purchase as much coverage as you can afford. Just understand that the more coverage you buy, the more it will cost. Another way to get cheap car insurance is to focus on safe driving. Your driving record is the single most important factor in determining your auto insurance premium, so practicing safe habits on the road will help you in the long run. In addition, you should try to improve your credit score. In states where it’s allowed, every major car insurance company considers a potential customer’s credit history when calculating premiums. By improving your credit, you can lower your premium significantly. 

Finally, if you’re purchasing a new car, you should keep insurance costs in mind. As a general rule, valuable cars are more expensive to insure, as are powerful vehicles and cars that are particularly likely to be stolen. So if you’re looking to save long-term, it’s a good idea to get quotes for different vehicles before you buy a new car. Now that you know how to get cheap car insurance, you’re ready to start shopping. I hope you enjoyed this session on everything you need to know about How to Get Cheap Car Insurance. So always be sure to contact a professional before making any financial decisions.