There’s often a lot of confusion regarding the way car insurance premiums are calculated, but if there is one thing consumers are certain of it’s that their premiums are way too high.
Well we at GTPS are all about empowering the consumer to make informed decisions so here’s some tips on how to save more $$ on your car insurance courtesy of our friends at Trusted Choice.
When Buying a Car:
Choose a car that has fewer claims. The top ten vehicles on this list are:
- Buick Rendezvous
- Pontiac Solstice
- Buick Terraza
- Honda Odyssey
- Mazda MX-5 Miata
- Subaru Outback
- Ford Five Hundred
- Volvo V70
- Chrysler Town & Country
- Chevrolet Corvette Convertible
When Shopping for Insurance:
Get multiple quotes. It is important to get more than one quote because costs can vary significantly from one insurer to another. Just make sure you are comparing the same limits and deductibles.
Assume more risk. Increasing your deductible is one of the quickest ways to get discount auto insurance. Just be aware that you should have the deductible amount socked away in the event that you do have a devastating accident.
Don’t Forget to Ask for Discounts:
Ask your insurer about discounts based on memberships. Some insurance companies may offer discounts for Mensa members, members of alumni organizations, or auto club members, for example.
Ask about discounts for associations. For example, if you belong to a professional association, such as a trade association or union, you may be eligible for partnership discounts.
See if you qualify for a good driver discount. The length of time you must have a driving record that is free of any violations to receive a discount depends upon the insurance company, and typically ranges from three to five years.
There are many more ways to save money on car insurance. Find the whole list from Trusted Choice here.