There are certain factors you can not control that affect your auto insurance rates. Things like your age, gender, recent DWI / DUI and any prior claims record. Listed here are some of the things you can do to lower your automotive insurance premiums. The easiest way to find cheap insurance rates is to request a free automotive insurance quote or two.
Car insurance rates can vary greatly from company to company, as do the terms of the policy. Be sure to check on what you’re buying for that lower rate. Print out each quote so you can compare each item line by line. For instance, if one automotive insurance company quotes you a rate of $100 per month/$250 deductible, and another auto insurance company quotes you $105 per month/$500 deductible, you would not be comparing exactly the same auto insurance product. Find policy terms that fit your needs and then compare them.
Decide how much coverage you will need before you buy that next car. Insurance rates are significantly affected by the make, model and year of your vehicle. New cars, sports cars and custom built models cost a lot more to insure than a standard vehicle. Remember that for most of us, a car is just a means of transportation.
Keep track of your credit score. Thanks to recent economic conditions, many of the top auto insurance companies are now looking at their customers’ credit scores when calculating auto insurance rates. People with poor credit report scores can pay as much as 50 percent more on their auto insurance premiums because they are considered a higher risk customer.
Never let your car insurance coverage lapse as this can signal to insurers that you may have trouble paying your bills. Let your current auto insurance continue until your new automobile policy takes effect by giving your current auto insurance company proper notice of policy cancellation.
Get the discounts you deserve. To get the best auto insurance rates, it is important to be aware of all possible auto insurance discounts. These could include such things as insuring multiple vehicles, a multiple product discount (auto-home), low annual mileage use discount, driving a more fuel efficient vehicle, discounts for various professions, discounts for anti-theft devices, good student discount, senior citizen discount, accident free discount and more. Check with the auto insurer for a complete discount list.
Don’t think you have to sacrifice service to get affordable auto insurance. Many of the top companies have the best customer service ratings in the industry.