(PRWEB) September 12, 2012
Everyone is looking to save money on car insurance, and many people find themselves sacrificing coverage in order to bring rates down. Fortunately, there’s no reason to give up the coverage a driver needs in order to get a lower premium on the policy. These insider tips can help anyone to save money on auto insurance while keeping all of the coverage they need.
Raise the Deductible
A lot of drivers don’t want to carry a higher deductible because they worry it will cost them too much out of pocket in the event of a claim. The truth is that as long as a driver goes without a claim for an at-fault accident, that higher deductible is just money in the bank. Should the day come when the deductible has to be covered, odds are good the savings in the meantime will more than make up the difference.
Raising the deductible doesn’t change how much coverage the policy offers, making it one of the smartest ways to reduce rates while keeping good coverage in place.
Many people are under the impression that rates don’t differ much from company to company. It couldn’t be more untrue. Rates can differ greatly between insurance companies, and the company that offers the best rate to one driver may not be the best choice for another, simply based on how they calculate their rates.
Shopping around for car insurance quotes regularly is the best way to ensure that every driver is with the company that can best serve their needs and offer them the lowest possible rate. This tip even applies to drivers with tickets and accidents on their record. “A ticket or accident doesn’t mean you can’t find a better rate somewhere else,” says Tammy Ezer of InsuranceHotline.com, “every company rates those things differently.”
Many drivers know that there is a savings to be had when two or more auto policies are held with the same company. Many don’t realize, however, that other policies can be combined for even more savings. Insuring a home with the same company can mean a significant discount on both policies.
Other areas where multiple policy discounts may exist are for boat, RV and other vehicle policies as well. Insuring everything in the same place makes life easier and rates lower.
Get all the Discounts
Drivers who assume that every discount they qualify for is added automatically to the policy may be missing out on savings. Ask the insurance company for a list of available discounts. Insurance company’s today offer an incredible range of discounts, and they may not be aware that a driver qualifies for some of them unless they are informed.
Every driver should stay on top of their insurance policy and verify that they are receiving all of the discounts they deserve. Getting every available discount can result in significant savings on auto insurance premiums.
About: InsuranceHotline.com is a free online insurance rate comparison service that directs consumers to its large network of more than 30 insurance companies and licensed insurance professionals and provides quotes based on the lowest rates available through its network. In business since 1994, InsuranceHotline.com does not sell insurance, is not a licensed broker, and is not owned in whole or in part by an insurance company, agent or brokerage; ensuring consumers get a truly unbiased quote.