If you follow the rules your insurance company sets out, and follow these few tips, you’ll be able to obtain affordable auto insurance with no problems. Many factors are considered when assigning rates to drivers.
Speak to your insurance company to ascertain whether they will offer any type of loyal customer or multi-policy discount to reduce your premium. Most insurers will give a rebate to those who drive fewer than 7,500 miles each year. Also, if you take public transit to work, your premium will be lowered. If you do not take the bus, you may get a discount if you carpool instead.
Think twice about add-ons for your vehicle that you might not need. It can sound rather appealing to have heated seats or a top notch stereo system, however it is something that you really do not need. If you get in an accident and total your car, or if it’s stolen, the insurance company will only pay you for the value of the car, which does not include any after-market equipment.
Know the facts before you let insurance costs deter you from buying the sports car of your dreams. However, only a few sports cars come with higher premiums. Calling your insurance company can prove to be useful if you want to know the types of premium that you can afford with your car.
If you think that your imperfect driving record unfairly affects your car insurance rate, you may try to ask if your rate can be lowered. For instance, if you get a ticket or have an accident that results in a rate increase, you might be able to get it reversed if you complete a defensive driving course. Some insurance companies will also let you prove your good driving habits by installing a special tracking device in your car.
Take a look at your vehicle’s insurance policy to make sure it is accurate and up-to-date. Inaccurate info could result in denied claims or higher premiums. Is the address listed for your home correct? Do you know the make, model, and year of your vehicle? Your estimated yearly mileage can affect your premium, so if you have a short drive to work or work at home, confirm this is on your policy.
You now know that it is possible to find affordable insurance rates with a great company. Use these tips to help you lower your car insurance premiums.