There are many ways to get cheap auto insurance. Some are easy and straightforward and others may require a little time and/or money investment on your part. I'll give you ten time-tested ways to get lower rates in this article...
1. Choose a high deductible. A higher deductible always means you get a lower rate.
2. Maintain an excellent credit history. Although many people argue about the rightness of using this as a parameter for calculating rates, it will definitely make you pay less.
3. Make sure you maintain an excellent driving record. Avoid all forms of traffic violations. Most of them can affect your rates negatively for up to four years.
4. Buy your auto insurance policy from the same insurer that provides your health, home and life insurance policies. This gives you a multi-policy discount.
5. Insure all your cars with the same insurer. This gives you a multi-vehicle discount.
6. Drop comprehensive and collision coverage on old cars unless they are classics. You may not get any form of compensation if the Kelley Book value of your car is zero at the time of making a claim.
7. Buy a car that has a high safety rating. The higher your car's safety rating, the easier it will be for you to get cheap auto insurance.
8. Do all within your power to reduce your mileage. Use the public transport system as often as possible. Carpooling is also another way to reduce the mileage on your cars.
9. Do not make claims for very negligible incidents. You'll get discounts if you stay claims-free for three or more years. Consult your agent for details.
10. Get and compare quotes from five or more insurance quotes sites if you're really serious about enjoying cheap auto insurance. The disparity in rate quotes is quite much. This alone can save you hundreds or even a few thousand dollars depending on your profile and coverage needs.
By : Chimezirim Chinecherem Odimba
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