No matter who we are, we all want to save a bit of money wherever possible. Here are some of the best ways to lock in the cheapest car insurance in California. There are a quite a few discounts out there, but more often than not your car insurer will fail to mention them to you. The main reason for this is because they usually want to make as much money from you as possible. The more your insurance policy costs, the more they make.
By reading this article you will be aware of the discounts that are available to you. Mention them to your insurer when the time comes to haggle on your next renewal and you could see yourself scoring huge savings on your monthly bill.
Many insurers will offer a discount to people that own their own home, whether they use the same company for their home insurance or not. This is because homeowners are seen as more financially stable than those that rent which means they are able to attract better premiums.
Financial Stability Discount
Car insurance is in essence a credit agreement, which means that your credit report will be checked before you are offered a deal. In the eyes of the insurer those that have poor credit scores are more likely to lapse on their insurance, which means that these people are fodder for higher premiums. The more financially stable you are the more likely you are to attract the best rate.
Good Driver Discount
Insurers love having good drivers on their books. It means they have money coming in but next to no money being paid out on insurance claims. If you haven’t an accident in 5 years look to cash in on this and ask for a good driver discount, many insurers will be happy to oblige. Of course if you have a driving ticket you can kiss goodbye to this fabulous discount.
Good Student Discount
This is similar to good driver discounts must apply in general to those still currently learning the skill of driving. Teenagers are the group of drivers that seem to attract the highest insurance premiums. This is because they are still learning how to drive and building up their confidence, this puts them at a greater risk of causing an accident. If you are constantly receiving good grades at your school then tell your insurance company about it, you should see your insurance premiums shoot right down.
You will get the biggest possible discount if you opt for this. Try to get both your home and car insurance covered by the same company. Many people have reported savings of up to 20% by combining policies like this, which is a hefty saving throughout the year. It also gives you the benefit of making the bills that much easier to pay.
If you are one of the many families in the states that currently own multiple cars then look to get them insured under the same policy. The discount will be fairly small, but remember every little helps!