Finding low-cost car insurance with all the coverage you need is by no means an impossible task. All it takes is time and knowing what to look for. This post serves as your tell-all guide to finding the right policy for your car.
Shop With Multiple Insurance Companies
It helps to get several quotes from multiple insurance companies since some have better rates than others. The same can also be said for the type of company you choose to go with, whether it’s national or local. Usually, you’ll find lower rates with regional insurance companies. Always compare rates and look at online customer reviews as well.
Pay Attention to What Discounts You Qualify For
There are a variety of reasons as to why an insurance provider will give you a discount. Car insurance discounts can be given to drivers with a good driving history, safety features on their car, paying a one lump sum premium, having a garage to store the car in, being a full-time student or retired, and taking a defensive driving course. These can be stacked, so check which ones you qualify for as you shop.
Buying more than one type of coverage with the same insurance provider will likely result in discounts. Taking out both an auto and homeowners' policy, for example, may save you some money.
Make Payments on Time
It’s critical to pay your bills on time since missing a payment can harm your credit rating. Insurance providers will notice if you have bad credit and may charge you a higher premium as a result.
Get a Quote Before Buying a New Car
Before you buy a car, get insurance costs for the vehicle you want. When looking at insurance rates on several models of automobiles, it might assist you in finding a vehicle and an insurance policy that are within your budget.
Get Basic Coverage For Older Cars
It helps to skip on the comprehensive and collision coverage if the car you’re insuring is around 10 years old or older. Because the car’s parts are worn, the premiums you pay may not be enough to cover them. So, only liability and property damage coverage would be necessary to have.
Set a High Deductible
It’s an inverse relationship -the higher the deductible you agree to pay in the event of a claim will cause you to have lower rates. For many drivers, this is the approach they use, but it’s not beneficial for everyone.
Car Use-Based Policy For Part-Time Drivers
Drivers who don’t use their cars often opt for a mile and usage-based insurance, wherein their rates are determined by how much they drive. This can be a pay-per-mile policy, for example. This is only an option for occasional drivers rather than full-time ones.
Remain With Your Insurance Company
If you discover an inexpensive auto insurance policy, stick with that company. Over time, the connection between you and your insurance provider will strengthen. If you establish a track record of paying your bills on time and filing few car insurance claims, you may be able to negotiate a reduction in rates based on good faith and being a loyal client.
Insurance Navy offers cheap car insurance quotes for drivers with a variety of risk levels. Get a free insurance quote online and make the switch today. We are also just one call away, 888-949-6289. Feel free to also stop in at one of our many storefronts. Insurance shouldn’t be a hassle. Insurance Navy can help.