19 Ways to Lower Your Car Insurance Rates
No one likes paying for car insurance, but it is a necessity if you own and operate a vehicle. Insurance rates can be very high, especially if you are considered a high-risk driver.
There are 15 things that you can do to help lower your car insurance rates, though. Read on for some tips.
1. Shop around –
Rates can vary greatly from company to company, so it pays to shop around and get quotes from several different insurers.
2. Compare apples to apples –
Make sure that when you are comparing quotes, you are comparing the same coverage levels and deductibles. Otherwise, you’re not really doing an accurate comparison.
3. Raise your deductible –
If you raise your deductible, your premium will usually go down. Just make sure that you have enough money saved up to cover the deductible in the event that you do have to make a claim.
4. Get rid of unnecessary coverage –
If you don’t really need certain types of coverage, get rid of them. For example, if you have an older car, you may not need collision or comprehensive coverage.
5. Take advantage of discounts –
Most insurers offer a variety of discounts, so be sure to ask about any that you may be eligible for. Some common discounts include those for good drivers, students, and people who own more than one vehicle.
6. Drive carefully and avoid accidents –
This one is pretty self-explanatory. If you have a clean driving record, you’re less likely to be involved in an accident, and your rates will reflect that.
7. Drive a safe car –
Cars that are considered to be safer tend to cost less to insure. If you’re in the market for a new car, consider one that has a good safety rating.
8. Don’t get speeding tickets –
Getting speeding tickets will cause your rates to go up, so it’s best to just obey the speed limit and avoid them altogether.
9. Take defensive driving courses –
Taking defensive driving courses can sometimes help to lower your rates, so it’s worth looking into.
10. Don’t let your insurance lapse –
If you let your insurance coverage lapse, you will be considered a high-risk driver and your rates will go up. Be sure to keep your coverage in force at all times.
11. Use public transportation when possible –
If you can take public transportation instead of driving, do it. The less you drive, the lower your rates will be.
12. Carpool when possible –
Carpooling is another way to reduce the amount you drive and, as a result, lower your rates.
13. Park in a garage or driveway –
Parking your car in a garage or driveway overnight can help to prevent theft and vandalism and lower your rates accordingly.
14. Get a security system for your car –
Installing a security system in your car can also help to prevent theft and vandalism and lower your rates.
15. Keep your credit score high –
Having a good credit score can sometimes help to lower your rates, so it’s worth maintaining a good credit rating.
These are just a few of the things you can do to lower your car insurance rates. If you follow these tips, you should be able to get your rates down to a more reasonable level. Thank you for reading!
FAQs:
1. How can I lower my car insurance rates?
There are a number of things you can do to help lower your car insurance rates, including shopping around, comparing apples to apples, raising your deductible, and getting rid of unnecessary coverage.
2. What is the best way to compare car insurance quotes?
When you are comparing quotes from different insurers, be sure to compare the same coverage levels and deductibles in order to get an accurate comparison.
3. How does my credit score affect my car insurance rates?
Having a good credit score can sometimes help to lower your rates, so it’s worth maintaining a good credit rating.
Conclusion:
There are a number of things you can do to help lower your car insurance rates. Be sure to shop around, compare apples to apples, and take advantage of any discounts that you may be eligible for. Additionally, driving carefully and maintaining a good credit score can also help to lower your rates.