The idea of cheap car insurance isn’t just a fairy tale that you’ll never see come to fruition in your lifetime. Insurance can be quite pricey, but what many people don’t understand is that they have quite the say in how little or how much they pay for it. These are a few tips for getting cheap insurance rates.
Raise Your Deductible
The deductible on your insurance premium is essentially the amount that you will have to fork over after an accident and before your insurance will kick in. The lower your deductible, the higher your rate will. In turn, the higher it is, the lower the rate will be.
Reduce Your Coverage
The reason your car insurance rate is so high could also have to do with the fact that you have simply taken on too much coverage. If you’re trying to keep tabs on your finances and make cuts, consider signing on for only liability insurance. Your vehicle will be legal, but the only car that will be covered in a collision will be the other person’s.
Look for Discounts
Lastly, ask about any and all discounts. There might be discounts available that you had never considered. For example, you can get a discount for merely being a good student if you’re enrolled in high school or college. Check out the discounts that the company has to offer for an idea of how much you could be saving on your monthly insurance premium.
Request a quote with us today to find out how much you could be saving on auto insurance. If you’re serious about getting a low rate with no strings attached, check out what we have to offer in terms of auto insurance. We also offer home and life insurance, and you could even find great savings by bundling all three types of insurances together!