Lower The Cost Of Auto Insurance Without Changing Companies
Turning Your Current Car Insurance into a Low cost Car Insurance with these 5 simple steps
So you are dreaming of low cost auto insurance, but you are stopped by the fact that you are already insured to a more expensive policy?
Worry no more.
There is something you can do to turn your current car insurance into a low cost car insurance. Here a few tips that may help.
- Anti-Theft Devices
Most cars these days come equipped with theft devices - Some are as easy as a touch of a button. If your car doesn’t come with one, there are hundreds of different anti-theft devices out there, to protect your car from thieves; and the best auto insurance companies will reward you with a discount when you can prove you have taken measures to protect your car.
- Usage-based Car Insurance Device
Today, there is ‘
- Ask for a multiple car discount
A multi-car-discount would apply if more than one vehicle is on the policy – As long as the vehicles are owned or jointly owned by two or more relatives living in the same household.
- Group Discounts
Some insurance companies offer discounts to drivers that have an affiliation with certain professional businesses, groups and/or associations. Talk to your auto insurance broker about the potential for you to receive a group discount.
- Pay-in-full Discount
Most auto insurance companies now charge $ 5.00 (or more) for payments through the mail and a little lesser charge for EFT payments.
If you can, it is wise to pay your premium in full to avoid extra fees and in most cases, insurance companies will offer a paid-in-full discount.
Bonus - Combine your auto with a property policy. Even if you don't own a home take out a renters insurance policy and increase the deductible to the max. $1,000, $1,500 or $2,500 as it doesn't matter since you are mostly looking for the multi-policy discount.
Have you considered using an Auto Insurance Broker?
Auto Insurance Brokers will shop many of the leading insurance companies matching your current coverage's or suggesting better coverage's and still saving you money.
More insurance choices gives you an opportunity to find the best package and avoid the hassle of calling several insurance companies.
Many brokers like Insurance Brokers Group provide this service free of charge.