Everyone Wants To Get Cheap Auto Insurance Rates: Here's 11 Ways How!
Everyone wants to save money on their auto insurance rates – and why wouldn’t you? We all know that car insurance rates are expensive and people want to do what they can to lower their rates and make the cost of driving a vehicle more affordable.
Even though there are plans in Ontario for the provincial government to lower insurance rates, consumers need to take things into their own hands to start experiencing auto insurance saving today. The best part is that it is actually easier than you think. There are many things that you can do right now to get cheap auto insurance rates.
Here’s How:
1. Work with a broker
Brokers have access to auto insurance policies from many insurance companies in the industry – more options = more opportunities to save money.
2. Get an auto insurance quote
Getting a quote is the best way to save money. Getting an auto insurance quote on a yearly basis, when your policy comes up for renewal, allows you to stay on top of things and access your situation each year.
3. Bundle your insurance coverage
Bundling will save you money. Be sure to bundle multiple cars in a single policy, as well as your home and auto insurance together.
4. Increase your deductible
While you will have to pay more out of your pocket if you need to make a claim, it will save you money on your policy payments.
5. Drop collision coverage on an older vehicle
Driving an older car? Consider dropping the collision coverage to save some money. The odds are it will not be worth fixing anyway.
6. Drive safe
Keeping your driving record clean is essential. Driving safe and not having accidents or tickets in your driving history will save you money.
7. Add security features
Insurance companies love security features. For this reason, adding a car alarm and other security features will make your car less likely to be stolen.
8. Pay your premium yearly
If you pay your insurance premium in a lump sum annually many insurers will provide you with a discount on your yearly payment.
9. Drive an insurance friendly vehicle
Some cars cost more to insure than others. When shopping for a car, make sure you factor in its insurability.
10. Drive a car that is not a target for thieves
Expect to pay more for insurance if you drive a car that thieves like to steal. Make sure that you look into the most stolen list before buying a car or you could find yourself paying more for insurance than you anticipated.
11. Ask for discounts!
As simple as it sounds, sometimes all you have to do is ask for a discount. This is also another benefit of working with an insurance broker. They will help you find potential ways to save on your auto insurance.
How many of these tips are you currently using to get cheap auto insurance rates? Do you plan to use some of these tips to get further costs savings in the future?