Many people are unaware of the car insurance discounts that are available to them. If you take note of even a few of the things needed to save money on your car insurance, you are sure to be pleasantly surprised as to how low your car insurance can actually be. Here are some of the key ways to lower your car insurance bills.
1. Take a Driving Course
Most car insurance companies will reward you with lower car insurance if you can prove to them that you have taken a defensive driving course. These courses will teach you how to be a better driver on the road while teaching you how to avoid some of the most common accident situations. Even though these courses aren’t free, the savings you will enjoy in the long run can be substantial. If you are a teen driver, be sure you take a course specifically designed for teens.
2. Combine Policies
In many cases you will be able to combine your insurance policies. You should get in touch with your home insurance provider about this option. In some situations they will be able to add your car insurance to the same policy, which will entitle you to discounts. It is worth gaining quotes from elsewhere first however as this may not always be the cheapest option.
3. Options for High Risk Drivers
If you are a high-risk driver then you may be quoted uneconomical premium prices or be outright refused for insurance. High-risk drivers generally include people that have been involved in numerous accidents in the past or have a disability that may impair their driving ability. In these situations you should get in touch with your state’s insurance commissioner. They usually will have various options that you will be able to select from. You should of course be aware that these policies will normally be at the state minimum and high costs will be involved.
4. Maintain a Good Credit Rating
Your credit report may have an effect on your premiums. It is not always easy to keep our credit report in tiptop condition. If you try to pay debts on time while having as few loans as possible then you have a good chance of reducing your premiums when it comes to renewal. Remember a credit report is the best way for a company to see whether you will be able to continue making payments on your car insurance. You will sometimes be able to skip a credit check if you pay up front. If your credit is very poor then you can choose to go to a non-credit checking provider, although expect the costs to be higher.
5. Student Discounts
If you are a student driver then there are a number of discount policies that you could be entitled to. One of the most common is tied to the grades that you achieve at school. Insurance companies believe that the people least likely to cause accidents on the roads are those that achieve good grades. If you achieve a grade point average of 3.0 then you will most likely be entitled to this rather hefty discount.
6. Shop Around
Shop around for the best offers. If you are thorough enough, you will find the cheapest insurance quotes. Gather as many as 7 quotes or even more. Comparing a large amount of quotes is one of the best ways to find the cheapest car insurance.
Car Insurance is expensive and therefore you will want to save as much money as possible on it. Being aware of what determines the cost of your car insurance and what methods can bring them down is the first step to finding car insurance that won’t break your bank.