How Do I Lower My Car Insurance Bill?

Car insurance is necessary for anyone driving in the United States, but for too many people it’s also a burden on their finances. It doesn’t have to be! Here are our five easy tips for getting the best deal on your auto insurance.

Drive Safely

The number one thing you can do to lower the cost of your car insurance is to drive safely! Remember, that for every accident, speeding violation or road incident your insurance costs go up. Not only that, but many insurance companies will reward customers with discounted rates if they go a certain amount of time without getting any violations. Bottom line–it pays to drive safely.

Pay Your Bills On Time

This goes for your insurance bill, and all your other bills as well! Most insurance companies use credit information when they are determining what your insurance costs are going to be. The better your credit, the lower your insurance costs. Outstanding credit and large balances will also have an adverse affect on your insurance costs.

Consider Higher Deductibles

Deductibles for car insurance act the same way as deductibles for health insurance. It’s the amount of money you have to pay before your coverage kicks in to cover the remaining balance. The lower your deductible, the more your coverage costs. So, if you are trying to lower your car insurance bill, consider a higher deductible! Raising your deductible a few hundred dollars can have a substantial affect on your monthly insurance costs.

Take Advantage Of Low Mileage Discounts

Many insurance companies offer insurance discounts for customers who drive a lower number of miles per year than the average. In fact, it’s probably a good idea to ask your insurance agent what discounts they have available. Low-mileage discounts are offered by most places, but depending on your insurer there could be myriad of other discounts available to you! It never hurts to ask.

Ask About Group Insurance

Many employers offer group insurance discounts to their employees. As the human resources contact at your job to see if you’re eligible! If your employer doesn’t offer them, take a look at your alma mater. Group insurance discounts can often be purchased through an employer, alumni group or professional group. Take the time to do your research so you can get the best deal available to you

Yes, finding the right car insurance policy for you can be a pain, but it’s worth your time! Take the time to do your research, shop around and know the right questions to ask. Remember, before you buy any kind of insurance policy, it is important to consult with an insurance professional! The staff at TGS Insurance are experts in automotive coverage and ready to help you find the right coverage, at the right price.

Sources:

https://www.safeco.com/blog/lower-your-auto-insurance-bill
https://www.iii.org/article/nine-ways-to-lower-your-auto-insurance-costs