Change Your Premium, Not Your Policy: Tips For Saving On Car Insurance Without Sacrificing Quality Coverage
It seems that everywhere you turn, there are advertisements claiming to offer ways that you can save money on your car insurance. The problem is, most of the money-saving tips that people have to offer either require you to spend a small fortune upgrading your vehicle or require you to compromise the quality of your coverage in return for lower premiums. If you are tired of these types of tips, you have found yourself in the right place. Each of the tips below can be put into use while spending little to no money and without the need to alter your coverage options at all. Read more below about navigating your car insurance.
Bundle Policies When Possible
If car insurance is not the only type of insurance coverage that you carry, choosing to bundle your policies can save you quite a bit of money each month. In addition to offering you a percentage off of each of your monthly premiums, choosing to bundle your policies can also make it easier for you to keep track of payment dates since you will only be required to make one monthly payment in order to cover all of your insurance needs rather than paying each premium separately.
Be A Loyal Customer
People often choose to shop around each time their car insurance policy comes up for renewal. While there is certainly no harm in checking out the market in search of lower rates, you may actually find that you can save more by choosing to remain loyal to your current insurance carrier. This is because many companies offer loyalty discounts after you have been a customer for a predetermined amount of time.
Demonstrate Your Safe Driving Abilities
The safer you are when you drive, the lower your monthly insurance rates will be. In the past, the only way you could prove you were a safe driver was to go multiple years without an accident or traffic violation. Nowadays, proving you are a safe driver is much easier thanks to the availability of mobile apps that record information regarding your driving habits. This data is then shared with your car insurance company, and you are rewarded for your safe driving habits in the way of a monthly discount.
Take Advantage Of Online Specials
When it comes to buying car insurance, online shopping is not only convenient but can also be a great way to save money. This is because many auto insurance carriers are now offering special online pricing discounts. These discounts are made possible thanks to the lower overhead costs associated with selling their insurance products online.