While getting the right amount of coverage is important, cost is typically a large concern for consumers. Comparing numerous of quotes is a great way to start, but that can only save you so much. Fortunately, there are a number of other ways you get lower premiums, including:
Keep a clean driving record – Traffic citations send a signal to insurance companies that you’re a high-risk driver. If you’ve already received a ticket, you might be able to keep it off of your record by attending traffic school.
Raise your deductible – This is one of the most common ways to lower your insurance payments and one that most insurance companies are open to. Policies with higher deductibles come with lower premiums, and vice versa.
Consider your car – The type of car you drive is a major factor in determining insurance costs. If you plan on buying a new car, take into consideration the engine size (faster cars are higher risk), probability of theft, repair costs, safety record – all of which can impact the insurance rate.
Perform a policy overhaul – Review the coverages you already have on your policy and reevaluate them. If you decide you don’t need as much, you can reduce your coverage to lower the cost of the policy. Also, insurance rates fluctuate every year, so you should re-shop your policy with other companies to make sure you’re getting the best deal. Additionally, this is a good time to check out available insurance discounts to see which ones you qualify for. While all of this may sound labor intensive, AIS does it all for you to make sure you get the best price! Contact a representative to find out how much you could be saving.
This content is offered for educational purposes only and does not represent contractual agreements. The definitions, terms and coverages in a given policy may be different than those suggested here and such policy will be governed by the language contained therein. No warranty or appropriateness for a specific purpose is expressed or implied.