Americans spend billions of dollars a year on car insurance and in tight economic times, finding ways to save a few dollars is sanctuary. Too many times consumers choose to stay with the companies they have been with for years either because it is convenient or because they aren’t aware of the host of discounts available by other companies. Car insurance companies are tripping over themselves competing for consumer’s business. For a little time and some basic research, consumers can find savvy ways to find affordable car insurance.
Many auto drivers are aware of the basic discounts to be had in the car insurance world such as safe driver and driver education savings. The times of there being only a few car insurance companies to choose from though, are long gone. A competitive market equals savings and by conducting a simple Internet search, you will be amazed at how much money is being thrown out the window and into car insurance company’s bank accounts.
Before researching affordable car insurance a driver must know their driving record. It is one of the first questions insurance companies will ask and they will find out themselves anyway. Be aware of any violations on your record and also inquire with the Motor Vehicle Administration when any outstanding violations are due to come off. Although accidents remain on driving records forever, many car insurance companies forgive accidents after 3-5 years. Other violations such as hitting a pole (as long as it isn’t alcohol induced or otherwise) do get removed after a period of time however, and that can save drivers a lot of money.
Comb over your current policy and see where it can be trimmed. Car insurance companies are like any other salesperson; they want to sell you the most expensive package and still make it look appealing. Speak with the agent about what coverage you truly need and get rid of what it unnecessary. This is also a great time to consider increasing your deductible. As scary as that sounds, many people have great driving records and if you’re one of them, banking on the fact that you will not cause an accident can save you hundreds on your policy. Some insurance companies will offer a higher deducible to lower your monthly payments, though they don’t advertise it.
If there is more than one car in your household, even if it is a classic or seasonal car, consider a multiple car discount. Tons of car insurance companies will reduce rates for multiple cars (some will even allow not working vehicles to be insured as well) and this equals savings. Also inquire about adding someone as a driver to the policy such as a spouse; often times multiple drivers on one policy can save you money.
One of the biggest money saving tricks when searching for affordable car insurance that many don’t know about is mileage. Figure out how many miles you actually drive your vehicle. Many insurance companies base their premiums on the average 10-15,000 miles a year, but many drivers don’t come close to that! If you don’t work outside the home or only work part-time, you are probably driving less than that average. How many miles away is your job? Know that number before searching for affordable car insurance. Multiply that number by how many days a week you work to get an estimate. Particularly for multiple vehicle homes, mileage is shared by more than one car. If you know you drive considerably less than the average mileage, make this known to your insurance company. The amount of savings will probably shock you.
Bristy Voelkel has been an insurance specialist for the past 4 years. She has worked with several top insurance carriers, saving individuals on their auto insurance cost. Bristy is standing by waiting to assist you in getting you affordable car insurance in minutes. compare auto insurance quotes & saving you hundreds. Get started today!